Likelihood to Recommend
[Catalyst, by EBM Software] is well suited to track invoices from vendors to get them paid on time to avoid late fees. [Catalyst, by EBM Software] is less appropriate when paying vendor because that is not a function they currently have. If the system was an all in one system that could track and pay your invoices it would be an amazing software.
Read full review
Prophix is a flexible tool and the people are friendly. From the outset, I've felt that they genuinely have my interests in mind. I didn't feel rushed to make a decision, like some other vendors. However, the team is slow to respond/innovate on issues and I've wasted time in many areas. We have received bad advice on numerous occasions, leading us to rebuild certain components. For example, it was communicated to us we could budget in USD but that turned into a huge headache when we had to redo several thousand lines of budget into the correct local currency. The product interfaces well with our ERP, however structure changes (new dept, office, etc) are not automated and require constant updates within Model Manager. This can be time consuming and create differences when actuals are pushed from the ERP if a change is not updated in Prophix. Reporting is customizable and fairly easy to use.
Read full review Pros The GUI is easy to navigate on the iPad mini, which we use for charting. The options are simple so there is very little room for mistakes. Charting is easy and the setup allows for necessary fields that must be completed so charting stays uniform. Read full review 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 The browser closes unexpectedly at times when refreshing the page and you get logged out The incorrect vendor is chosen by Catalyst a few times The Catalyst file is occasionally not placed on time in the folder Read full review 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 Read full review Likelihood to Renew
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
Well.... when it works... it's good. When it doesn't it is very frustrating for our staff.
Read full review
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
We deployed in the cloud. Prophix uses AWS hosting and uptime is over 99%. There are occasional outages and scheduled processes don't run due to them, but that's not a problem unique to Prophix. And that happens maybe once or twice a year.
Associate Financial Planning, Analysis and Reporting Manager
Read full review Performance
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.
Read full review Support Rating
The support for Catalyst is great and they are usually within the 48 hour response time. There could be a little quicker upload time for invoices that are submitted. They usually show up until the next day on the system and sometimes gives us a stress on time. Overall, the support is quite good
Read full review
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!
Read full review In-Person Training
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.
Read full review Online Training
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.
Read full review Implementation Rating
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.
Read full review Alternatives Considered
[Catalyst, by EBM Software] is a very easy system to use and is very user friendly. It gives you different ways of researching an invoice and not just one. Catalyst also helps to allow us to research an invoice within seconds and eliminates a lengthy and confusing process. It is a great software for first time users to learn quickly and efficiently.
Read full review 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.
Senior Vice President - Treasurer / Planning and Analysis
Read full review Scalability
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.
Read full review Return on Investment Catalyst is better than pencil and paper data analysis. But the app can be very frustrating when it's not working the way it did last week. The GUI is very simple. Sometimes too simple, like there is no way to go back in and edit SOAP note options. New feature roll-outs are mandatory. I understand that no one would opt in to being the guinea pig, but it would be nice if you weren't the first user to try it. The integration with billing software has streamlined the billing notes and saved us money over having two separate systems. Read full review 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