What users are saying about
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Top Rated
452 Ratings
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Top Rated
207 Ratings

IBM Cognos Analytics

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Top Rated
452 Ratings
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Score 7.7 out of 100

Prophix

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Top Rated
207 Ratings
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Score 8.6 out of 100

Likelihood to Recommend

IBM Cognos Analytics

Well suited:* simple reports for simple users ("big button-users", mostly managers or CEOs)* analyze date in cubes (finding "most important customer-group", finding "outliers" / "exceptions"; seeing historical development of...)Less appropriate: * beautiful reports for the general public! Be it paper, be it in electronic form (online)
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

BI Standard Reporting

IBM Cognos Analytics
7.8
Prophix
Pixel Perfect reports
IBM Cognos Analytics
7.1
Prophix
Customizable dashboards
IBM Cognos Analytics
8.3
Prophix
Report Formatting Templates
IBM Cognos Analytics
8.0
Prophix

Ad-hoc Reporting

IBM Cognos Analytics
8.1
Prophix
7.7
Drill-down analysis
IBM Cognos Analytics
8.4
Prophix
8.1
Formatting capabilities
IBM Cognos Analytics
7.6
Prophix
7.2
Integration with R or other statistical packages
IBM Cognos Analytics
8.0
Prophix
Report sharing and collaboration
IBM Cognos Analytics
8.3
Prophix
7.9

Report Output and Scheduling

IBM Cognos Analytics
8.2
Prophix
8.0
Publish to Web
IBM Cognos Analytics
8.3
Prophix
Publish to PDF
IBM Cognos Analytics
8.3
Prophix
8.2
Report Versioning
IBM Cognos Analytics
8.6
Prophix
7.7
Report Delivery Scheduling
IBM Cognos Analytics
7.7
Prophix
8.2
Delivery to Remote Servers
IBM Cognos Analytics
8.0
Prophix

Data Discovery and Visualization

IBM Cognos Analytics
8.2
Prophix
7.2
Pre-built visualization formats (heatmaps, scatter plots etc.)
IBM Cognos Analytics
8.1
Prophix
Location Analytics / Geographic Visualization
IBM Cognos Analytics
8.1
Prophix
Predictive Analytics
IBM Cognos Analytics
8.3
Prophix
7.2

Access Control and Security

IBM Cognos Analytics
8.8
Prophix
8.5
Multi-User Support (named login)
IBM Cognos Analytics
8.9
Prophix
8.5
Role-Based Security Model
IBM Cognos Analytics
8.8
Prophix
8.5
Multiple Access Permission Levels (Create, Read, Delete)
IBM Cognos Analytics
8.6
Prophix
8.6
Single Sign-On (SSO)
IBM Cognos Analytics
8.7
Prophix

Mobile Capabilities

IBM Cognos Analytics
6.4
Prophix
8.5
Responsive Design for Web Access
IBM Cognos Analytics
6.9
Prophix
8.5
Dedicated iOS Application
IBM Cognos Analytics
6.7
Prophix
Dedicated Android Application
IBM Cognos Analytics
5.6
Prophix
Dashboard / Report / Visualization Interactivity on Mobile
IBM Cognos Analytics
6.4
Prophix

Application Program Interfaces (APIs) / Embedding

IBM Cognos Analytics
7.3
Prophix
REST API
IBM Cognos Analytics
7.7
Prophix
Javascript API
IBM Cognos Analytics
7.5
Prophix
iFrames
IBM Cognos Analytics
7.8
Prophix
Java API
IBM Cognos Analytics
6.6
Prophix
Themeable User Interface (UI)
IBM Cognos Analytics
6.9
Prophix
Customizable Platform (Open Source)
IBM Cognos Analytics
7.1
Prophix

Budgeting, Planning, and Forecasting

IBM Cognos Analytics
Prophix
7.9
Long-term financial planning
IBM Cognos Analytics
Prophix
8.0
Financial budgeting
IBM Cognos Analytics
Prophix
9.0
Forecasting
IBM Cognos Analytics
Prophix
8.3
Scenario modeling
IBM Cognos Analytics
Prophix
6.2
Management reporting
IBM Cognos Analytics
Prophix
8.2

Consolidation and Close

IBM Cognos Analytics
Prophix
7.5
Financial data consolidation
IBM Cognos Analytics
Prophix
8.5
Journal entries and reports
IBM Cognos Analytics
Prophix
7.6
Multi-currency management
IBM Cognos Analytics
Prophix
6.8
Intercompany Eliminations
IBM Cognos Analytics
Prophix
7.2
Minority Ownership
IBM Cognos Analytics
Prophix
6.8
Local and consolidated reporting
IBM Cognos Analytics
Prophix
8.3
Detailed Audit Trails
IBM Cognos Analytics
Prophix
7.3

Financial Reporting and Compliance

IBM Cognos Analytics
Prophix
7.6
Financial Statement Reporting
IBM Cognos Analytics
Prophix
8.2
Management Reporting
IBM Cognos Analytics
Prophix
8.5
Excel-based Reporting
IBM Cognos Analytics
Prophix
8.4
Automated board and financial reporting
IBM Cognos Analytics
Prophix
8.4
XBRL support for regulatory filing
IBM Cognos Analytics
Prophix
4.5

Analytics

IBM Cognos Analytics
Prophix
7.8
Personalized dashboards
IBM Cognos Analytics
Prophix
9.0
Color-coded scorecards
IBM Cognos Analytics
Prophix
6.7
KPIs
IBM Cognos Analytics
Prophix
8.1
Cost and profitability analysis
IBM Cognos Analytics
Prophix
7.7
Key Performance Indicator setting
IBM Cognos Analytics
Prophix
7.6
Benchmarking with external data
IBM Cognos Analytics
Prophix
7.6

Integration

IBM Cognos Analytics
Prophix
7.8
Flat file integration
IBM Cognos Analytics
Prophix
8.1
Excel data integration
IBM Cognos Analytics
Prophix
8.1
Direct links to 3rd-party data sources
IBM Cognos Analytics
Prophix
7.3

Pros

IBM Cognos Analytics

  • What IBM Cognos does really well is provide precise data that may otherwise be hard to retrieve from your primary accounting software. While doing so, it organizes this data such that it becomes much more meaningful to analyze.
  • IBM Cognos also does a fantastic job through the Query Studio module to give certain users the ability to create simple reports and modify existing reports, this allows the flexibility a user needs in getting the intended data.
  • IBM Cognos also provides the ability to utilize a BI tool for complicated reporting requirements or in cases when there are many data dependencies that exist. This BI tool enables Cognos to tackle many organizational and data challenges that companies face in the industry.
Nabeel Chohan | 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

IBM Cognos Analytics

  • With the upgrade from Cognos 10 to Cognos 11, there were a lot of features, like run schedule once, weren't brought over to the newest version of Report Studio.
  • I felt like they were trying to chase Tableau and Qlik with dashboarding rather than focusing on their bread and butter of Report Studio or which other Business Intelligence tools don't do very well.
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

IBM Cognos Analytics

IBM Cognos Analytics 7.9
Based on 23 answers
For an existing solution, renewing licenses does provide a good return on investment. Additionally, while rolling out scorecards and dashboards with little adhoc capabilities, to end users, cognos is very easily scalable. It also allows to create a solution that has a mix of OLAP and relational data-sources, which is a limitation with other tools. Synchronizing with existing security setup is easy too.
Sachin Karkun | TrustRadius Reviewer

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

IBM Cognos Analytics

IBM Cognos Analytics 7.5
Based on 6 answers
We have a strong user base (3500 users) that are highly utilizing this tool. Basic users are able to consume content within the applied security model. We have a set of advanced users that really push the limits of Cognos with Report and Query Studio. These users have created a lot of personal content and stored it in 'My Reports'. Users enjoy this flexibility.
Robert Goodman | TrustRadius Reviewer

Prophix

Prophix 8.0
Based on 36 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

IBM Cognos Analytics

IBM Cognos Analytics 8.6
Based on 8 answers
Reports can typically be viewed through any browser that can access the server, so the availability is ultimately up to what the company utilizing it is comfortable with allowing, though report development tends to be more picky about browsers and settings as mentioned above. It also has an optional iPad app and general mobile browsing support, but dashboards lack the mobile compatibility. What keeps it from getting a higher score is the desktop tools that are vital to the development process. The compatibility with only Windows when the server has a wide range of compatibility can be a real sore point for a company that outfits its employees exclusively with Mac or Linux machines. Of course, if they are planning on outsourcing the development anyways, it's a rather moot point
Gerrit Goewey | TrustRadius Reviewer

Prophix

Prophix 8.5
Based on 29 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

IBM Cognos Analytics

IBM Cognos Analytics 9.0
Based on 10 answers
Overall no major complaints but it doesn't handle DMR (Dimensionally Modeled for Relational) very well. DMR modelling is a capability that IBM Cognos Framework Manager provides allowing you to specify dimensional information for relational metadata and allows for OLAP-style queries. However, the capability is not very efficient and, for example, if I'm using only 2 columns on a 20-column model, the software is not smart enough to exclude 18 columns and the query side gets progressively larger and larger until it's effectively unusable.
Meghdeep Raval, PMP | TrustRadius Reviewer

Prophix

Prophix 7.9
Based on 29 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

IBM Cognos Analytics

IBM Cognos Analytics 7.0
Based on 14 answers
Why is their web application not working as fast as you think it should? They never know, and it is always a a bunch of shots in the dark to find out. Trying to download software from them is like trying to find a book at the library before computers were invented.
Jonathan Kyrlach | 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

IBM Cognos Analytics

IBM Cognos Analytics 8.7
Based on 4 answers
Onsite training provided by IBM Cognos was effective and as expected. They did not perform training with our data which was a bit difficult for our end-users.
Robert Goodman | TrustRadius Reviewer

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

IBM Cognos Analytics

IBM Cognos Analytics 8.0
Based on 4 answers
The online courses they offer are thorough and presented in such a way that someone who isn't already familiar with the general design methodologies used in this field will be capable of making a good design. The training environments are provided as a fully self contained virtual machine with everything needed already to create the environments. We've had some persisting issues with the environments becoming unavailable, but support has been responsive when these issues arise and straightening them out for us
Gerrit Goewey | TrustRadius Reviewer

Prophix

Prophix 8.2
Based on 8 answers
not very detailed but good enough if you have prior experience it is great.. The pros for training online you can go over and over again to make sure that you get it however it is very general and sometimes you miss few things should be done in the company's site with in house training.
Narine Chalumyan MBA | TrustRadius Reviewer

Implementation Rating

IBM Cognos Analytics

IBM Cognos Analytics 7.0
Based on 14 answers
Make sure that any custom tables that you have, are built into your metadata packages. You can still access them via SQL queries in Cognos, but it is much easier to have them as a part of the available metadata packages.
Toni McKee | TrustRadius Reviewer

Prophix

Prophix 7.4
Based on 26 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

IBM Cognos Analytics

Although Tableau has certain advantages, mostly in its best in class visualization capabilities, Cognos is catching up. Most of the other advantages of Tableau Desktop have been addressed in more recent versions of Cognos, for instance the ability to ingest personal data sources, self-service modeling, and improved dashboarding/visualization features. Tableau still lacks a centralized metadata and governance model and requires a bit more effort to implement at the enterprise level. Also, Cognos is still best in breed for standardized reporting, which is always a crucial need for organizations. More requirements can be centrally addressed by Cognos, but it is unlikely any organization will have just one BI tool.
Albert Valdez | 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

IBM Cognos Analytics

IBM Cognos Analytics 10.0
Based on 1 answer
The Cognos architecture is well suited for scalability. However, the architecture must be designed with scalability in mind from day one of the implementation. We recently upgraded from 10.1 to 10.2.1 and took the opportunity to revamp our architecture. It is now poised for future growth and scalability.
Robert Goodman | TrustRadius Reviewer

Prophix

Prophix 8.3
Based on 16 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

IBM Cognos Analytics

  • (+) increased efficiency: Less time trying to figure out how to do something w/ another BI tool that may seem impossible -- Cognos will be able to do it 99% of the time
  • (-) increased training required: Training for Cognos had to be longer and more intensive than other BI tools. For example, my team members go through a week long 8-hour/day class and it was just enough to scratch the surface. A good base if required, but real world experience is the only way to become a Cognos pro.
  • (-) more end-user training: We do mostly canned reports with Cognos, so out end-users must be trainied. It is much harder to train them with Cognos than other BI tools. This is why I only turn to Cognos if I cannot accomplish my goal in another tool.
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

IBM Cognos Analytics

General

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

IBM Cognos Analytics Editions & Modules

On-premise Edition
On Demand Standard$15.001
On Demand Plus$35.001
On Demand Premium$70.001
  1. Per User/Per Month
SaaS Edition
On Cloud HostedContact for quote
    Additional Pricing Details
    30-day free trial available.

    Prophix

    General

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

    Prophix Editions & Modules

    Additional Pricing Details

    Rating Summary

    Likelihood to Recommend

    IBM Cognos Analytics
    7.8
    Prophix
    8.9

    Likelihood to Renew

    IBM Cognos Analytics
    7.9
    Prophix
    10.0

    Usability

    IBM Cognos Analytics
    7.5
    Prophix
    8.0

    Reliability and Availability

    IBM Cognos Analytics
    8.6
    Prophix
    8.5

    Performance

    IBM Cognos Analytics
    9.0
    Prophix
    7.9

    Support Rating

    IBM Cognos Analytics
    7.0
    Prophix
    9.1

    In-Person Training

    IBM Cognos Analytics
    8.7
    Prophix
    8.3

    Online Training

    IBM Cognos Analytics
    8.0
    Prophix
    8.2

    Implementation Rating

    IBM Cognos Analytics
    7.0
    Prophix
    7.4

    Scalability

    IBM Cognos Analytics
    10.0
    Prophix
    8.3

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