Alteryx Platform vs. Prophix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Alteryx Platform
Score 9.1 out of 10
N/A
The Alteryx AI Platform gives organization automated data preparation, AI-powered analytics, and machine learning with embedded governance and security. Its self-service functionality, with self-service data prep, machine learning, and AI-generated insights, gives enterprise teams with a simplified user experience allowing everyone to create analytic solutions that improve productivity, efficiency, and the bottom line. Alteryx Designer can be used to automate every analytics step…
$14,850
per year 3 users (minimum), cloud edition
Prophix
Score 8.9 out of 10
Enterprise companies (1,001+ employees)
Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.N/A
Pricing
Alteryx PlatformProphix
Editions & Modules
Designer Desktop
starting at $5,195
per year per user
Designer Cloud Professional Edition
Starting at $4,950
per year per user (minimum of 3 users)
No answers on this topic
Offerings
Pricing Offerings
Alteryx PlatformProphix
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Alteryx PlatformProphix
Features
Alteryx PlatformProphix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
6.2
23 Ratings
19% below category average
Pixel Perfect reports00 Ratings5.27 Ratings
Customizable dashboards00 Ratings6.522 Ratings
Report Formatting Templates00 Ratings6.822 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.4
114 Ratings
15% above category average
Drill-down analysis00 Ratings9.8113 Ratings
Formatting capabilities00 Ratings8.7110 Ratings
Report sharing and collaboration00 Ratings9.7108 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.1
104 Ratings
11% above category average
Publish to PDF00 Ratings9.899 Ratings
Report Versioning00 Ratings7.977 Ratings
Report Delivery Scheduling00 Ratings9.791 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
8.5
45 Ratings
10% above category average
Predictive Analytics00 Ratings8.545 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.5
109 Ratings
10% above category average
Multi-User Support (named login)00 Ratings9.8106 Ratings
Role-Based Security Model00 Ratings9.7105 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.7109 Ratings
Report-Level Access Control00 Ratings8.650 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.4
57 Ratings
19% above category average
Responsive Design for Web Access00 Ratings9.457 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.6
213 Ratings
16% above category average
Long-term financial planning00 Ratings9.8178 Ratings
Financial budgeting00 Ratings9.8208 Ratings
Forecasting00 Ratings9.3200 Ratings
Scenario modeling00 Ratings9.2164 Ratings
Management reporting00 Ratings9.8203 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
8.4
171 Ratings
6% above category average
Financial data consolidation00 Ratings9.7137 Ratings
Journal entries and reports00 Ratings9.684 Ratings
Multi-currency management00 Ratings7.069 Ratings
Intercompany Eliminations00 Ratings7.483 Ratings
Minority Ownership00 Ratings6.834 Ratings
Local and consolidated reporting00 Ratings9.8122 Ratings
Detailed Audit Trails00 Ratings8.7103 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
8.8
202 Ratings
10% above category average
Financial Statement Reporting00 Ratings9.8184 Ratings
Management Reporting00 Ratings9.8196 Ratings
Excel-based Reporting00 Ratings9.1179 Ratings
Automated board and financial reporting00 Ratings9.7157 Ratings
XBRL support for regulatory filing00 Ratings5.810 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
8.8
179 Ratings
9% above category average
Personalized dashboards00 Ratings8.7166 Ratings
Color-coded scorecards00 Ratings8.7122 Ratings
KPIs00 Ratings8.6133 Ratings
Cost and profitability analysis00 Ratings9.5131 Ratings
Key Performance Indicator setting00 Ratings8.7107 Ratings
Benchmarking with external data00 Ratings8.772 Ratings
Integration
Comparison of Integration features of Product A and Product B
Alteryx Platform
-
Ratings
Prophix
9.7
198 Ratings
16% above category average
Flat file integration00 Ratings9.7159 Ratings
Excel data integration00 Ratings9.7175 Ratings
Direct links to 3rd-party data sources00 Ratings9.7151 Ratings
Best Alternatives
Alteryx PlatformProphix
Small Businesses
IBM SPSS Statistics
IBM SPSS Statistics
Score 8.3 out of 10

No answers on this topic

Medium-sized Companies
JMP
JMP
Score 8.8 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
Dataiku
Dataiku
Score 8.4 out of 10
OneStream
OneStream
Score 8.7 out of 10
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User Ratings
Alteryx PlatformProphix
Likelihood to Recommend
9.0
(137 ratings)
9.1
(225 ratings)
Likelihood to Renew
8.7
(19 ratings)
10.0
(16 ratings)
Usability
9.3
(53 ratings)
8.0
(44 ratings)
Availability
7.3
(4 ratings)
9.9
(28 ratings)
Performance
8.8
(44 ratings)
8.0
(27 ratings)
Support Rating
9.1
(52 ratings)
8.3
(121 ratings)
In-Person Training
7.0
(1 ratings)
8.2
(10 ratings)
Online Training
8.6
(2 ratings)
9.0
(12 ratings)
Implementation Rating
8.1
(5 ratings)
9.0
(19 ratings)
Configurability
7.3
(2 ratings)
9.0
(11 ratings)
Ease of integration
8.2
(3 ratings)
9.0
(29 ratings)
Product Scalability
7.3
(3 ratings)
9.0
(25 ratings)
Vendor post-sale
8.2
(2 ratings)
8.6
(23 ratings)
Vendor pre-sale
7.3
(1 ratings)
7.7
(21 ratings)
User Testimonials
Alteryx PlatformProphix
Likelihood to Recommend
Alteryx
I would 100% recommend Alteryx to a friend, for me its friendly interface is the best, it has all the tools I need without the headache that programming is. It can be used for simple or complex analysis, so honestly, I don’t see a scenario where it wouldn’t suit. I’ve used Alteryx to make simple things I could do in Excel, for example, but it was less complex and faster to do in Alteryx, so why not? Its a very versatile tool.
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Prophix Software
If the budgeting is done with Excel spreadsheets, and your company is small to medium in size, Prophix is the system for you! Additionally, if your company is also doing monthly forecasting in Excel, Prophix will save you time and reduce errors. There are also many other worthwhile features, such as Account Reconciliation and consolidations.
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Pros
Alteryx
  • Pulling data from multiple disparate data sources.
  • Allows users to see the data at every step of the workflow to be able to cleanse, analyze, and optimize the data.
  • Provides an analytics platform that is easy for users of all levels to thrive in whether they are just starting out in their analytics journey or they have a master's degree in Data Science.
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Prophix Software
  • Reporting - single report that can be opened by multiple users, each will see only aspect specific to them based on their security access.
  • Budgeting - workflow driven budget data collection, visibility of its current status, ability to take action to ensure timely completion. Ability to snapshot budget data at a point in time. Ability to perform what-if scenarios.
  • Forecasting - as above with added benefit of either reusing budget level of grain or forecasting at high level.
  • Granular planning - ability to create unlimited number of subsidiary models to assist with the planning process. Non-financial data collected during budget/forecast process help with operation planning and variance analysis.
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Cons
Alteryx
  • Steeper Learning Curve: Alteryx can have a steep learning curve for users who are new to the platform or have limited experience with data analytics. Enhancements to the user interface and user onboarding resources could help make the learning process more intuitive and accessible to a wider range of users.
  • Enhanced Data Visualization Capabilities: Alteryx offers basic data visualization capabilities, but there is room for improvement in terms of advanced visualizations and interactive dashboarding features. Adding more sophisticated chart types, interactive widgets, and customization options would enhance the data visualization capabilities within the platform.
  • Improved Error Handling and Debugging: Alteryx provides error handling mechanisms, but enhancing the error reporting and debugging capabilities would be beneficial. Improved error messages, better visibility into data flow, and debugging tools could help users troubleshoot and resolve issues more efficiently.
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Prophix Software
  • Prophix could improve on its dashboarding capability - it is very basic and we always present our graphs/visuals in Excel.
  • We would love it if Prophix could improve its line item detail reports. They are not great right after downloading and require a lot of manipulation in Excel.
  • It would be awesome if we could fully integrate our invoicing software with Prophix. This would allow us to view invoices within Prophix rather than having to go into another tool.
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Likelihood to Renew
Alteryx
We've developed a working partnership with Alteryx. As an enablement suite, we're continuing to innovate and deliver great products with use of Alteryx in our solutions. Alteryx use expands to our global product development teams and is in use in multiple parts of our organization. Alteryx also delivers Experian demographic content to other clients in their product offering. We're highly likely to renew, but that decision is way above my pay grade.
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Prophix Software
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
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Usability
Alteryx
I've found that while some things might take a little longer to create, the flexibility of Alteryx allows you to perform any function needed. I haven't found a use that was not available in Alteryx yet. APIs and XMLs can be created to perform certain functions. In addition, CMD line commands can be sent using Alteryx to perform certain functions as well.
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Prophix Software
I have used other reporting software over the years and so far this has been the simplest to set up, the most flexible to use and we have not yet used Prophix to its full capacity. Over the next year or so I can see us extending our use of Prophix to include any number of other functions.
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Reliability and Availability
Alteryx
I use many programs and compared to others, Alteryx virtually never goes down, freezes up or gives an application error. Over a 4 year time period that I have used this program, any of these may have happened 3 times. It is an incredibly stable program that I feel completely confident in.
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Prophix Software
The availability in Prophix is relatively good. We have occurred random outages in different versions that wipe out data, which can be brought back. Or we have ran into system wide slowness that impacts all users in the system, but we have been able to get more capacity to supply our performance.
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Performance
Alteryx
I already gave the example of journal entries created in less than a second. What else can I tell you about.... I can tell you those 2 journal entries have historically had to be split into separate accounting systems so the outputs had to be very different (D365 vs Intacct) such that they are exactly ready for uploading. I can tell you I used to have some tire and battery queries hitting a line item detail table and they took hours to run UNTIL I asked IT for a view in SQL and now they're ready in about 5 minutes total. I guess I'd say if anything does take a long time - do some research with others and figure out what would speed them up
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Prophix Software
Prophix has always performed consistently. We are using on-premise so many factors can contribute to slower than desired performance, most having nothing to do with Prophix itself. If we move to the web-client cloud based solution I believe performance will even be better.
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Support Rating
Alteryx
Stellar, bar-none. Some of the best support folks of any vendor. The Alteryx Community is the most responsive and supportive. On the rare occasion of a release issue or bug, we've been able to get quick help to solve the core problem. Alteryx does not play the blame game. They genuinely help the users solve their issues or respond to questions
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Prophix Software
The Prophix staff is very helpful and quick to respond. I like that they teach me instead of doing it for me when possible, so I don't have to contact them as often! Never talked to anyone at Prophix that I didn't respect or think highly of! Very professional, great customer service!
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In-Person Training
Alteryx
1st level of trainings which I've attended in Paris was easy and I was already knowing %90, that learning could have been an e-learning instead of in-person
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Prophix Software
We worked with a consultant provided by the vendor for implementation. Training involved online and in person. The in person training was done throughout the implementation. It was very hands on training. As we worked through sections of the set-up, we were training on how to use various features within the product. It made learning the system very easy.
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Online Training
Alteryx
Very good, detailed online trainings which you can take at your own pace, and strong certifications exists, certifications are extremely detailed and hard...
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Prophix Software
We used our system and created a test cube to work with our own data. We ran through the different functions of Prophix and covered alot of material. We did two sessions a week, with homework tasks assigned. We were able to ask questions and cover any questions during the followup sessions.
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Implementation Rating
Alteryx
There is really not much to it (the installation, that is). Once you get it installed, along with any of the add-ons (demographics, R, etc.), you are up and running almost immediately. There is really no additional setup. You can immediately begin blending data, running demographics, performing spatial queries, running predictive analysis, etc. And for many of these functions, the learning curve is quite easy.
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Prophix Software
Prophix Consulting should bring, in house, chargeable expertise in Oracle EBS table access for Drill Across and provide reasonable limits on dimension member combinations so there are no unreasonable expectations about the application of multi dimensional cubes to detail, such as revenue by product and customer.
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Alternatives Considered
Alteryx
Alteryx is MUCH more user friendly. both provide the ability to code within them, but Alteryx has much nicer interface. The formula tools have a more simple language that is easier to learn than formulae in SSIS. Alteryx is easy to read with multi colored tools identifying what each one does. It also allows for macros. You can build your own tool to process records of data or batch records together.
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Prophix Software
We felt Prophix was much more flexible than Briq and offered a more solid financial reporting and budgeting package. Briq is more custom built solution-focused. They build solutions to fit your specific needs. The primary reason we went with Prophix is that we wanted something we could tweak and design on our own after the initial build-out of the solution.
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Scalability
Alteryx
Individual analysts can quickly generate results using their own copy of Alteryx Designer. But using the Server and developing macros for more complex needs can be time consuming.
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Prophix Software
I gave Prophix a 10 on scalability because we currently deploy the solution to department heads across our entire organization and never have any issues with those individuals using or accessing the system to look at their financial information within premade templates . They currently enter budgets and review reports within the system currently. The only issue is they cannot typically use the ad hoc functionality because that would require higher level licenses that cost more and it is not worth it to give them more costly licenses since they really aren't working in the system quite like the robust finance users
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Return on Investment
Alteryx
  • Error handling - allows controls to be built into workflows easily and allows them to be isolated and spat into control reports that can be easily reviewed and audited, thanks to the ability to create multiple outputs in one go.
  • Time-saving - saved huge amounts of time, especially when moving Excel processes into Alteryx.
  • Product development - allowed my firm to create products that we have been able to market and sell to clients.
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Prophix Software
  • Prophix has made it possible to move away from some Excel reporting we were doing, which allows for 50% quicker reporting on a monthly basis.
  • Although it has saved us time, an improved PowerPoint feature that automatically updates our decks would save an additional 75% on top of what we already do.
  • Our Board Reporting has improved by 10 hours by moving our reports fully into Prophix.
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ScreenShots

Alteryx Platform Screenshots

Screenshot of Alteryx APA - Automating asset inputsScreenshot of Alteryx APA - Automating outcomesScreenshot of Alteryx APA - Data enrichment and insightsScreenshot of Alteryx APA - Data quality and preparationScreenshot of Alteryx APA - Data science and decisions

Prophix Screenshots

Screenshot of Prophix One Portal: One single point of entry into Prophix One through its portal simplifies access and authentication but also allows seamless movement between applications.Screenshot of Chart Insights, one of the AI Insights capabilities that utilizes Artificial Intelligence and Natural Language Processing to provide enhanced business awareness.  Chart Insights extends the important details contained within dashboards, and analyzes the complete dataset behind the dashboard, automatically surfacing the data relationships not obvious in dashboard visualizations alone. It then provides a summary of key performance metrics found buried within Prophix charts.  It also summarizes the important insights in plain English.Screenshot of Prophix One Financial Planning & Analysis: Prophix's self-serve dashboards and visualizations are directly integrated with data, workflow tasks, announcements, and external URLs and databases. Dashboard Studio helps users to be informed and make better business decisions.Screenshot of Detailed interactive charts and graphs that Prophix offers to uncover insights. Prophix’s visual analytics are linked directly to data with transaction details.  There is no need to input the numbers.  Prophix does this tedious work, automatically.Screenshot of Prophix’s Workflow Manager, used to assign tasks to users and facilitate approvals across the business.  Stakeholder input can be captured directly with the ability to add comments and notes in a single unified database.Screenshot of Cell Comments, that allow users to add supporting details like notes and attachments to data.  Since comments are stored with the data, they can be viewed in any template along with their trailing history. Cell Comment Reports can also be generated to show all comments from any data view in one convenient report.