What users are saying about

Prophix

Top Rated
116 Ratings

Agiloft Custom Workflow/BPM

2 Ratings
Score 10 out of 101

Prophix

Top Rated
116 Ratings
Score 8.8 out of 101

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Likelihood to Recommend

Agiloft Custom Workflow/BPM

Agiloft is perfect for managing requisitions, linking those requisitions to their appropriate contracts (and getting the contracts directly executed via DocuSign or Adobe), notifications on upcoming renewals, spend tracking, trend analysis, contractor access management and ticket automation, audits, and much more. The tool flexible enough to integrate with other platforms but users need to be made aware of the requirements/limitations of the integrations.
Carly Cockman profile photo

Prophix

Most of these comments deal with the limitations of OLAP (Prophix) databases as compared to SQL (Oracle/SAP) databases. OLAP does a great job in driving management to prioritize those metrics and data they need to run and measure their business. This education leads to a much better understanding of the data being provided. A transaction level database is better suited to detailed analysis, but management (in my experience) does a poor job at trying to manage individual transactions instead of understanding what the aggregated numbers are saying. Also, management can not plan at a highly detailed level because the business is moving too fast. That is where Prophix (OLAP) allows management to create a plan at the right level of detail which can be reported and managed.More well suited:
  • Multiple scenario reporting
  • Excel template generation
  • Finance ownership and management - takes some training but well worth the flexibility
  • Finance, Sales, Operations
Less well suited:
  • Highly detailed reporting outside of Detailed Planning Manager
  • Direct Excel - SSAS data retrieval
  • HR employee management
  • Transaction level detail analysis
Andreas Loeffler profile photo

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Agiloft Custom Workflow/BPM
Prophix
7.9
Long-term financial planning
Agiloft Custom Workflow/BPM
Prophix
7.6
Financial budgeting
Agiloft Custom Workflow/BPM
Prophix
8.4
Forecasting
Agiloft Custom Workflow/BPM
Prophix
7.8
Scenario modeling
Agiloft Custom Workflow/BPM
Prophix
7.4
Management reporting
Agiloft Custom Workflow/BPM
Prophix
8.1

Consolidation and Close

Agiloft Custom Workflow/BPM
Prophix
8.0
Financial data consolidation
Agiloft Custom Workflow/BPM
Prophix
8.2
Journal entries and reports
Agiloft Custom Workflow/BPM
Prophix
7.5
Multi-currency management
Agiloft Custom Workflow/BPM
Prophix
8.1
Intercompany Eliminations
Agiloft Custom Workflow/BPM
Prophix
8.3
Minority Ownership
Agiloft Custom Workflow/BPM
Prophix
8.4
Local and consolidated reporting
Agiloft Custom Workflow/BPM
Prophix
8.3
Detailed Audit Trails
Agiloft Custom Workflow/BPM
Prophix
7.4

FInancial Reporting and Compliance

Agiloft Custom Workflow/BPM
Prophix
7.8
Financial Statement Reporting
Agiloft Custom Workflow/BPM
Prophix
8.4
Management Reporting
Agiloft Custom Workflow/BPM
Prophix
8.2
Excel-based Reporting
Agiloft Custom Workflow/BPM
Prophix
7.8
Automated board and financial reporting
Agiloft Custom Workflow/BPM
Prophix
7.7
XBRL support for regulatory filing
Agiloft Custom Workflow/BPM
Prophix
6.7

Analytics

Agiloft Custom Workflow/BPM
Prophix
7.6
Personalized dashboards
Agiloft Custom Workflow/BPM
Prophix
7.3
Color-coded scorecards
Agiloft Custom Workflow/BPM
Prophix
7.3
KPIs
Agiloft Custom Workflow/BPM
Prophix
7.6
Cost and profitability analysis
Agiloft Custom Workflow/BPM
Prophix
7.5
Key Performance Indicator setting
Agiloft Custom Workflow/BPM
Prophix
7.6
Benchmarking with external data
Agiloft Custom Workflow/BPM
Prophix
8.0

Integration

Agiloft Custom Workflow/BPM
Prophix
8.2
Flat file integration
Agiloft Custom Workflow/BPM
Prophix
8.4
Excel data integration
Agiloft Custom Workflow/BPM
Prophix
8.2
Direct links to 3rd-party data sources
Agiloft Custom Workflow/BPM
Prophix
7.9

Pros

  • Ease of use for both end users and administrators
  • Limitless workflow development to automate processes
  • Flexibility to integrate with other software platforms
Carly Cockman profile photo
  • Consulting Team. We purchased Prophix this past summer. We have spent several hours over the last 90 days building out load processes, testing/validating data, and designing reporting to complete everything before our go live date. Our Prophix consultant, Tina Yeung, has been amazing in helping us. The knowledge transfer, timing of responses in getting back to us, and commitment have been critical to the success of this.
  • Developers. We have a complex process in how we consolidate data from our ERP systems - sequel queries, flat files through text documents and Excel files, and ELIMS. We export data in a monthly and YTD value format. Because of the complexities, we could not find a software package other than Cognos Finance that would be able to support the different requirements we needed to consolidate data until we came across Prophix. This was an ideal solution not only because of cost but the features of the software that the developers (specifically, Collin Issac) were able to do in the customization (coding logic) used to keep everything dynamic. We often times have an acquisition that is on a different ERP system and we were able to create ways to setup account mappings, reports, load processes that would normally takes days to setup to just a couple hours.
  • Features. The software is very slick. There are different ways to drill into reports through Ad-Hoc Analysis, building professional format reports in Template studio, and generating reports in Report Binder to be emailed out to end users in a quick format. The Ad-Hoc tool is very appealing because of the graph function (also available in Template Studio), it allows you to create a quick visual of revenue, EBITDA, etc. and send to a non-financial end user quickly. The features in the system are visible and easy to use if your using the system properly. In the prior software we used, we didn't have that upgraded feature as Prophix where we could only send out report after report with numbers buried in them.
  • Home Screen. This allows you to show users announcements, create shortcuts to reports that you can run immediately, and create workflow task reminders for the end user to be aware of. The shortcut for reports really stands out because if your validating data, you don't want to keep going through 'Document Explorer' if you have several reports setup within your company that is layered by different departments - GL, Finance, AP, AR, etc. you can just simply click a button and run the report.
Brandon Russell profile photo

Cons

  • We have a history of quick but unhelpful responses from customer support. Fortunately, we are able to work with our implementation specialist when support tickets require escalation. There is a clear eagerness to assist, but the communication from support lacks depth. You have to be extremely specific with your desired resolution.
Carly Cockman profile photo
  • When it comes to crunching big data (many millions of combinations), Prophix's performance isn't as strong as the BI tools that I have used before (IBM Cognos and QlikView). I find that we will utilize those tools for crunching big data.
  • There are some Excel functions that would be handy to have as part of the report writer that aren't currently included in the software (some have been already addressed).
  • It is unfortunate that a couple of features are only accessible by our administrative users (financial consolidation and model manager) - it would be nice if our advanced user class could access those functions.
Steve Anderson profile photo

Likelihood to Renew

No score
No answers yet
No answers on this topic
Prophix10.0
Based on 16 answers
The system works well for us, and meets all of our needs. All of our future plans can and will be achieved within Prophix, so there is no need to pursue another product. Prophix has continuously proven to improve their product over the years, which provides an even higher level of confidence in this tool, and future developments
Tim McCarthy profile photo

Usability

No score
No answers yet
No answers on this topic
Prophix8.4
Based on 13 answers
Easy to use and very flexible finance owned application. Great price too.
David Whiteman, CPA profile photo

Reliability and Availability

No score
No answers yet
No answers on this topic
Prophix8.5
Based on 6 answers
We rarely encounter application errors or outages
Rob Strothkamp profile photo

Performance

No score
No answers yet
No answers on this topic
Prophix7.7
Based on 6 answers
To date, we have not had any issues with Prophix performance
Rob Strothkamp profile photo

Support

No score
No answers yet
No answers on this topic
Prophix7.9
Based on 54 answers
The support function has been good, but it would be nice to have a dedicated consultant we could call on if we needed immediate help. Often times the ticket process they have implemented is too time-consuming for our budget/forecast process here.
Jillian Walsh profile photo

Online Training

No score
No answers yet
No answers on this topic
Prophix7.3
Based on 2 answers
Online training not company specific
Rob Strothkamp profile photo

Implementation

No score
No answers yet
No answers on this topic
Prophix8.8
Based on 8 answers
Implementation was very succesful
Rob Strothkamp profile photo

Alternatives Considered

No answers on this topic
Prophix stacks up well against the competition. We selected Prophix since they were able to provide a great presentation. Also, they managed the project well and they have strong consultants who helped implement the solution quickly. They also, continue to evolve by upgrading features based upon customer feedback. They have strong customer support and always try to help deliver a solution for any problems we report. I also like the fact they offer training for some features such as dashboard reporting. I received training from one of their consultants and I am now able to develop additional dashboard reports for my organization.
Michael Pasquinelli profile photo

Scalability

No score
No answers yet
No answers on this topic
Prophix8.0
Based on 4 answers
Have not had any scalability issues to date
Rob Strothkamp profile photo

Return on Investment

  • Agiloft has streamlined the requisitioning process and eliminated manual effort and repetitive low-value tasks.
  • We now have a single source of truth for our SOC audits.
Carly Cockman profile photo
  • Our budgeting process is definitely more streamlined with Prophix. It has had an extremely positive impact during the budget, especially with the capital expenditure budgeting.
Neal Bayless profile photo

Pricing Details

Agiloft Custom Workflow/BPM

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details

Agiloft Custom Workflow/BPM More Information

Prophix

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
Additional Pricing Details

Prophix More Information