Alteryx vs. Prophix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Alteryx
Score 9.0 out of 10
N/A
Alteryx aims to be the launchpad for automation breakthroughs. Be it for personal growth, achieving transformative digital outcomes, or rapid innovation, Alteryx converges analytics, data science and process automation to enable users across organizations to make business-altering breakthroughs. Alteryx Designer can be used to automate every analytics step — from data prep to data science. Access any data source or type, then blend via drag-and-drop interface.…N/A
Prophix
Score 8.6 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
AlteryxProphix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AlteryxProphix
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
AlteryxProphix
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
AlteryxProphix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Alteryx
-
Ratings
Prophix
7.0
11 Ratings
12% below category average
Customizable dashboards00 Ratings7.010 Ratings
Report Formatting Templates00 Ratings7.110 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Alteryx
-
Ratings
Prophix
9.0
94 Ratings
9% above category average
Drill-down analysis00 Ratings9.693 Ratings
Formatting capabilities00 Ratings8.591 Ratings
Report sharing and collaboration00 Ratings8.888 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Alteryx
-
Ratings
Prophix
8.9
86 Ratings
9% above category average
Publish to PDF00 Ratings9.381 Ratings
Report Versioning00 Ratings8.061 Ratings
Report Delivery Scheduling00 Ratings9.273 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Alteryx
-
Ratings
Prophix
6.5
34 Ratings
16% below category average
Predictive Analytics00 Ratings6.534 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Alteryx
-
Ratings
Prophix
8.9
90 Ratings
2% above category average
Multi-User Support (named login)00 Ratings9.487 Ratings
Role-Based Security Model00 Ratings8.887 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.890 Ratings
Report-Level Access Control00 Ratings8.631 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Alteryx
-
Ratings
Prophix
9.5
45 Ratings
17% above category average
Responsive Design for Web Access00 Ratings9.545 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Alteryx
-
Ratings
Prophix
9.1
191 Ratings
9% above category average
Long-term financial planning00 Ratings9.3157 Ratings
Financial budgeting00 Ratings9.3186 Ratings
Forecasting00 Ratings8.7178 Ratings
Scenario modeling00 Ratings8.8144 Ratings
Management reporting00 Ratings9.3183 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Alteryx
-
Ratings
Prophix
8.4
154 Ratings
5% above category average
Financial data consolidation00 Ratings9.6126 Ratings
Journal entries and reports00 Ratings9.379 Ratings
Multi-currency management00 Ratings7.762 Ratings
Intercompany Eliminations00 Ratings8.772 Ratings
Minority Ownership00 Ratings7.028 Ratings
Local and consolidated reporting00 Ratings9.0108 Ratings
Detailed Audit Trails00 Ratings7.588 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Alteryx
-
Ratings
Prophix
8.4
183 Ratings
2% above category average
Financial Statement Reporting00 Ratings9.3166 Ratings
Management Reporting00 Ratings9.4177 Ratings
Excel-based Reporting00 Ratings9.2161 Ratings
Automated board and financial reporting00 Ratings9.1139 Ratings
XBRL support for regulatory filing00 Ratings5.25 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Alteryx
-
Ratings
Prophix
7.8
159 Ratings
3% below category average
Personalized dashboards00 Ratings8.6146 Ratings
Color-coded scorecards00 Ratings7.9105 Ratings
KPIs00 Ratings7.7115 Ratings
Cost and profitability analysis00 Ratings7.6115 Ratings
Key Performance Indicator setting00 Ratings7.493 Ratings
Benchmarking with external data00 Ratings7.463 Ratings
Integration
Comparison of Integration features of Product A and Product B
Alteryx
-
Ratings
Prophix
9.3
179 Ratings
12% above category average
Flat file integration00 Ratings9.2142 Ratings
Excel data integration00 Ratings9.2157 Ratings
Direct links to 3rd-party data sources00 Ratings9.5137 Ratings
Best Alternatives
AlteryxProphix
Small Businesses
Klipfolio
Klipfolio
Score 7.6 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
Medium-sized Companies
Klipfolio
Klipfolio
Score 7.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises

No answers on this topic

Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AlteryxProphix
Likelihood to Recommend
9.2
(126 ratings)
8.9
(209 ratings)
Likelihood to Renew
8.5
(19 ratings)
10.0
(16 ratings)
Usability
9.2
(52 ratings)
8.6
(44 ratings)
Availability
8.0
(4 ratings)
10.0
(26 ratings)
Performance
9.1
(37 ratings)
8.0
(25 ratings)
Support Rating
9.3
(52 ratings)
8.1
(120 ratings)
In-Person Training
7.0
(1 ratings)
8.2
(10 ratings)
Online Training
8.6
(2 ratings)
8.7
(12 ratings)
Implementation Rating
8.2
(5 ratings)
8.8
(19 ratings)
Configurability
7.4
(2 ratings)
8.7
(11 ratings)
Ease of integration
8.3
(3 ratings)
9.0
(28 ratings)
Product Scalability
7.6
(3 ratings)
9.0
(23 ratings)
Vendor post-sale
8.3
(2 ratings)
9.1
(20 ratings)
Vendor pre-sale
7.3
(1 ratings)
8.8
(18 ratings)
User Testimonials
AlteryxProphix
Likelihood to Recommend
Alteryx
We're trying right now to get more people using it at our company so we can send management documented cases for how we can expand and purchase Alteryx Server which will extend the capabilities even more and across more departments. It's been well suited for pretty much everything we do on a repeating schedule. It's worth the time to set up the workflows. When Treasury sends me the bank download now - I save it to a folder and run our workflows and send back 2 journal entries in .9 seconds. (yes - in less than a second it's finished running)
Read full review
Prophix Software
Being able to allow all budget holders access to their reports via Prophix and having charts on the dashboards which give an image of where we are financially as a company each month is really helpful, our users appreciate the access and not receiving emails with reports. The drill down in the reports provides much more detail for the budget holders and going forward we are going to try to use the line item details to provided a greater amount of information. Using the Detailed Planning Manager for Personnel Planning during budget setting was a game changer - being able to view the costs and being much more accurate with regard to start and end dates and applying a cost of living increase which we could adjust to see how it would affect the budget overall was really helpful.
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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.
Read full review
Prophix Software
  • ONU has benefitted by moving away from a centralized, Excel-based budget process by implementing Prophix to a decentralized process that engages budget managers in the development of the University's budget.
  • Prophix offers tremendous flexibility in reporting that is not available through our ERP system.
  • Prophix is very adaptable to many different types of industries. Its flexibility and adaptability is one of its biggest strengths.
  • The ability to set up workflows for a variety of tasks within Prophix is very beneficial for tracking purposes.
Read full review
Cons
Alteryx
  • Alteryx is great for processes that is has already "thought through". It's more difficult to get Alteryx to deal with some customization.
  • The data visualizations with Alteryx are generally good, although I don't think the color schemes are the best.
  • I think the data science capabilities are awesome with Alteryx, although not as well used as products built with Python or R.
Read full review
Prophix Software
  • Version control; there are issues using the same budget version in multiple years if adding detail (line item detail). What Prophix has explained as a benefit is a huge detriment for us and we've been working with them for 6 months on a fix and it's yet to get resolved
  • There are certain aspects that a messy; within our budgeting and forecasting detail, we have "unexplained balance" lines that show up that are distracting and add no value.
  • Lack of a centralized location for content outside of tool; for example, training, help, support, intranet, etc are all separate websites and not easy to get to. I'm not sure why all of this isn't linked to the same account and accessible through the tool. Why should we need separate passwords for everything Prophix?!
Read full review
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.
Read full review
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
Read full review
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.
Read full review
Prophix Software
The
data can be sliced and diced many ways, and each user is able to do it however
they like. It is easy to create or run existing reports. We have made many of
our processes more efficient, and Prophix has allowed us to save more time than
you can imagine. We
are able to use Prophix for Expense tracking, Expense and Capital planning, reforecasting,
Compensation planning, Project tracking, Expense allocation, GAAP PLOB
reporting, and still have several more tasks to implement through Prophix
Read full review
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
Prophix's CS is one of the best that we communicate with. Response time is reasonable, and they can communicate via email or phone or Teams. Multiple ways to communicate and if any additional questions that they cannot answer, i am redirected to the correct individual to assist
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Performance
Alteryx
Alteryx is an extremely reliable platform. If there is an error in my workflow, I feel pretty strongly it was probably my fault. The platform also handles large amounts of data very quickly and can join/match, sort, filter, calculate on that data quickly as well. One of my favorite things to build into a workflow are the messages based on data/metadata and error messages based on errors I have come across before.
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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
The initial integration consultant was very helpful in making sure we were set up with all the essential uses we required: reporting/budgeting/forecasting. There was a learning curve but our consultant made it very easy to understand and helped me be comfortable in my Global Admin role in the system. Even after integration, we were given support whenever I came up with an idea I would get in touch and I would be trained on how I can implement it.
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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 found Prophix to be more flexible than the other solutions. It proved to have less of an implementation timeframe, and we felt more comfortable supporting the system ourselves post-implementation. We were also surprised to find that Prophix's pricing was more competitive than its rivals, which made the decision process quite easy.
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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.
Read full review
Prophix Software
We are a medium sized company, but the structure of Prophix would seemingly adapt to whatever sized organization you have. It also can be applied in any area of an enterprise that needs performance management, whether it involves financial data or not. The potential for application within the enterprise is really only limited by you imagination.
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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.
Read full review
Prophix Software
  • The greatest impact Prophix has had is provided useful data for business decisions, especially with variance analysis and real time production data.
  • Prophix has saved our company a considerable amount of time during our budgeting/forecast process as well as reporting actuals and variance to managers.
Read full review
ScreenShots

Alteryx 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.