What users are saying about
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener'>Customer Verified: Read more.</a>
Top Rated
207 Ratings
3 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8 out of 100

Prophix

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener'>Customer Verified: Read more.</a>
Top Rated
207 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.6 out of 100

Likelihood to Recommend

Axiom Software (formerly Axiom EPM)

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Anonymous | TrustRadius Reviewer

Prophix

Prophix is adaptable to many different types of organizations. It is an exceptional tool for budget development, even across complex organizations. Prophix also allows a much more flexible approach to financial reporting and analysis than is offered in most ERP systems. An added bonus is the ability that Prophix has to handle long-range planning and forecasting.
Mark Russell | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom Software (formerly Axiom EPM)
8.5
Prophix
7.9
Long-term financial planning
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.0
Financial budgeting
Axiom Software (formerly Axiom EPM)
9.0
Prophix
9.0
Forecasting
Axiom Software (formerly Axiom EPM)
8.0
Prophix
8.3
Scenario modeling
Axiom Software (formerly Axiom EPM)
8.0
Prophix
6.0
Management reporting
Axiom Software (formerly Axiom EPM)
Prophix
8.1

Consolidation and Close

Axiom Software (formerly Axiom EPM)
9.7
Prophix
7.5
Financial data consolidation
Axiom Software (formerly Axiom EPM)
10.0
Prophix
8.4
Local and consolidated reporting
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.3
Detailed Audit Trails
Axiom Software (formerly Axiom EPM)
10.0
Prophix
7.3
Journal entries and reports
Axiom Software (formerly Axiom EPM)
Prophix
7.6
Multi-currency management
Axiom Software (formerly Axiom EPM)
Prophix
7.0
Intercompany Eliminations
Axiom Software (formerly Axiom EPM)
Prophix
7.3
Minority Ownership
Axiom Software (formerly Axiom EPM)
Prophix
6.8

Financial Reporting and Compliance

Axiom Software (formerly Axiom EPM)
8.3
Prophix
7.6
Financial Statement Reporting
Axiom Software (formerly Axiom EPM)
8.0
Prophix
8.1
Management Reporting
Axiom Software (formerly Axiom EPM)
8.0
Prophix
8.4
Excel-based Reporting
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.3
Automated board and financial reporting
Axiom Software (formerly Axiom EPM)
8.0
Prophix
8.4
XBRL support for regulatory filing
Axiom Software (formerly Axiom EPM)
Prophix
4.5

Analytics

Axiom Software (formerly Axiom EPM)
8.7
Prophix
7.7
Personalized dashboards
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.9
Cost and profitability analysis
Axiom Software (formerly Axiom EPM)
8.0
Prophix
7.6
Benchmarking with external data
Axiom Software (formerly Axiom EPM)
9.0
Prophix
7.7
Color-coded scorecards
Axiom Software (formerly Axiom EPM)
Prophix
6.6
KPIs
Axiom Software (formerly Axiom EPM)
Prophix
8.0
Key Performance Indicator setting
Axiom Software (formerly Axiom EPM)
Prophix
7.7

Integration

Axiom Software (formerly Axiom EPM)
9.0
Prophix
7.7
Flat file integration
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.1
Excel data integration
Axiom Software (formerly Axiom EPM)
9.0
Prophix
8.0
Direct links to 3rd-party data sources
Axiom Software (formerly Axiom EPM)
9.0
Prophix
7.0

Ad-hoc Reporting

Axiom Software (formerly Axiom EPM)
Prophix
7.8
Drill-down analysis
Axiom Software (formerly Axiom EPM)
Prophix
8.1
Formatting capabilities
Axiom Software (formerly Axiom EPM)
Prophix
7.2
Report sharing and collaboration
Axiom Software (formerly Axiom EPM)
Prophix
8.0

Report Output and Scheduling

Axiom Software (formerly Axiom EPM)
Prophix
8.0
Publish to PDF
Axiom Software (formerly Axiom EPM)
Prophix
8.2
Report Versioning
Axiom Software (formerly Axiom EPM)
Prophix
7.7
Report Delivery Scheduling
Axiom Software (formerly Axiom EPM)
Prophix
8.2

Data Discovery and Visualization

Axiom Software (formerly Axiom EPM)
Prophix
7.3
Predictive Analytics
Axiom Software (formerly Axiom EPM)
Prophix
7.3

Access Control and Security

Axiom Software (formerly Axiom EPM)
Prophix
8.5
Multi-User Support (named login)
Axiom Software (formerly Axiom EPM)
Prophix
8.5
Role-Based Security Model
Axiom Software (formerly Axiom EPM)
Prophix
8.5
Multiple Access Permission Levels (Create, Read, Delete)
Axiom Software (formerly Axiom EPM)
Prophix
8.6

Mobile Capabilities

Axiom Software (formerly Axiom EPM)
Prophix
8.6
Responsive Design for Web Access
Axiom Software (formerly Axiom EPM)
Prophix
8.6

Pros

Axiom Software (formerly Axiom EPM)

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Anonymous | TrustRadius Reviewer

Prophix

  • Prophix helps tremendously with the budgeting process. It allows scalability when we add new programs. The flexibility of Prophix allows for an accurate and efficient budgeting process.
  • Prophix does an excellent job at building data integrations, which helps feed the most recent data into Prophix with no manual processes.
  • Prophix's customer support team is amazing and is always willing to help you build more functionality into the product as time goes on and additional needs are identified.
Alex Kaiser | TrustRadius Reviewer

Cons

Axiom Software (formerly Axiom EPM)

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
Anonymous | TrustRadius Reviewer

Prophix

  • More flexibility needed in dashboard chart design
  • More flexibility in how accounts roll-up (children added together = parent total; sometimes I need to average the children to get the parent, but that is not a current feature)
  • I wish ad hoc analysis was available for standard users
Marcia Jo Frazier | TrustRadius Reviewer

Likelihood to Renew

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 10.0
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 | TrustRadius Reviewer

Usability

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 7.9
Based on 37 answers
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
Anonymous | TrustRadius Reviewer

Reliability and Availability

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.6
Based on 31 answers
Prophix has never been unavailable in the 3 years we have used the system. Any outages we have had have been due to internal issues not the Prophix software itself
Anonymous | TrustRadius Reviewer

Performance

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.1
Based on 31 answers
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.
William Van Hulzen | TrustRadius Reviewer

Support Rating

Axiom Software (formerly Axiom EPM)

Axiom Software (formerly Axiom EPM) 7.0
Based on 2 answers
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
Anonymous | TrustRadius Reviewer

Prophix

Prophix 9.1
Based on 202 answers
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!
Anonymous | TrustRadius Reviewer

In-Person Training

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.3
Based on 8 answers
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.
Anonymous | TrustRadius Reviewer

Online Training

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.2
Based on 10 answers
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.
Anonymous | TrustRadius Reviewer

Implementation Rating

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 7.7
Based on 27 answers
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.
Carl Evans | TrustRadius Reviewer

Alternatives Considered

Axiom Software (formerly Axiom EPM)

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
Anonymous | TrustRadius Reviewer

Prophix

Workday Adaptive Planning had some excellent looking features such as report design and processing speed and efficiency. Fiserv Prologue really excels at providing banking specific functionality built-in. We ultimately felt the Prophix provides the best blend of the other two's strengths and did so with a great value for the price and excellent customer service through sales, product, marketing and integration.
Ben Swinney | TrustRadius Reviewer

Scalability

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.4
Based on 18 answers
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.
Kevin Warnick | TrustRadius Reviewer

Return on Investment

Axiom Software (formerly Axiom EPM)

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
Anonymous | TrustRadius Reviewer

Prophix

  • Not only did it cut significant time off our budgeting cycle, but it allowed us to do things we couldn't even do in excel versions (i.e., load in another month of data for comparables three days before presenting to executive team).
  • Month-end reporting has resulted in the ability to continually tweak reporting to focus end-users on what's important; our previous reporting package (inside our accounting software) was far too cumbersome to make this work.
  • Moving all of my other data functions inside Prophix has resulted in not only a lot more efficiency for me, *but* it allows me answer about 95% of ad hoc questions coming at me with the data I now have stored, as opposed to starting from scratch by extracting raw data out of our original systems every time.
Michael Senchuk | TrustRadius Reviewer

Screenshots

Pricing Details

Axiom Software (formerly Axiom EPM)

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Prophix

General

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

Rating Summary

Likelihood to Recommend

Axiom Software (formerly Axiom EPM)
7.0
Prophix
8.9

Likelihood to Renew

Axiom Software (formerly Axiom EPM)
Prophix
10.0

Usability

Axiom Software (formerly Axiom EPM)
Prophix
7.9

Reliability and Availability

Axiom Software (formerly Axiom EPM)
Prophix
8.6

Performance

Axiom Software (formerly Axiom EPM)
Prophix
8.1

Support Rating

Axiom Software (formerly Axiom EPM)
7.0
Prophix
9.1

In-Person Training

Axiom Software (formerly Axiom EPM)
Prophix
8.3

Online Training

Axiom Software (formerly Axiom EPM)
Prophix
8.2

Implementation Rating

Axiom Software (formerly Axiom EPM)
Prophix
7.7

Scalability

Axiom Software (formerly Axiom EPM)
Prophix
8.4

Add comparison