Microsoft Power BI vs. Prophix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Power BI
Score 8.5 out of 10
N/A
Microsoft Power BI is a visualization and data discovery tool from Microsoft. It allows users to convert data into visuals and graphics, visually explore and analyze data, collaborate on interactive dashboards and reports, and scale across their organization with built-in governance and security.
$10
per month per user
Prophix
Score 8.3 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
Microsoft Power BIProphix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Microsoft Power BIProphix
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Microsoft Power BIProphix
Considered Both Products
Microsoft Power BI

No answer on this topic

Prophix
Chose Prophix
Prophix is the first and only financial software we have used of its kind. Previously everything was Excel based and worked on manually. This is where Prophix has been able to help us as a business advance ourselves in the modern world of reporting allowing us to do more with …
Chose Prophix
Prophix seems to be more modern than the IBM tools and offers more local expertise than IBM does
Chose Prophix
Prophix works for our business and is flexible enough to work for a number of different types of business. We are able to work with Prophix to develop cubes that record out business needs and supply our budget holders with graphical data to support their reporting needs. The …
Chose Prophix
We carried out an evaluation with IBM, and some other national software that is not on the list, such as Lever Pro and Allstrategy. For IBM, our main problem was that the software representative wanted to sell something modular, thus losing all the functionality of a "blank …
Chose Prophix
The learning curve to understanding Prophix is far less severe than it has been with other softwares. It requires much less time in order to learn how to be a beginning user and then each progression to deeper levels of understanding is remarkably easy. I appreciate the …
Chose Prophix
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 …
Chose Prophix
SSMS was used at my previous employer to pull data directly from SQL based server and manipulate that data through tables or "views" so that we could query that data into PowerBI. Prophix makes it much easier in the fact that you can create pivot table-like formats to easily …
Chose Prophix
We chose Prophix based on the desire to make a paradigm shift away from Excel and towards a more fully-featured web-based SaaS solution that would still allow for the utilization of Excel where it made sense. Prophix does this through an Excel add-on, while more comprehensive …
Chose Prophix
Better drill across capabilities and easier to do quick adhoc reporting. Able to build complex allocation processes.
Features
Microsoft Power BIProphix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Microsoft Power BI
8.3
196 Ratings
1% above category average
Prophix
6.1
27 Ratings
22% below category average
Pixel Perfect reports8.3167 Ratings5.410 Ratings
Customizable dashboards8.7195 Ratings6.226 Ratings
Report Formatting Templates8.0178 Ratings6.626 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Microsoft Power BI
8.0
194 Ratings
0% below category average
Prophix
9.4
120 Ratings
15% above category average
Drill-down analysis8.3191 Ratings9.8119 Ratings
Formatting capabilities7.8191 Ratings8.8115 Ratings
Integration with R or other statistical packages7.4143 Ratings00 Ratings
Report sharing and collaboration8.4189 Ratings9.7113 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Microsoft Power BI
8.0
187 Ratings
3% below category average
Prophix
9.1
108 Ratings
10% above category average
Publish to Web8.2177 Ratings00 Ratings
Publish to PDF8.0172 Ratings9.8103 Ratings
Report Versioning7.7144 Ratings7.881 Ratings
Report Delivery Scheduling8.2147 Ratings9.895 Ratings
Delivery to Remote Servers7.9110 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Microsoft Power BI
7.8
187 Ratings
3% below category average
Prophix
8.6
48 Ratings
11% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)8.2181 Ratings00 Ratings
Location Analytics / Geographic Visualization8.1166 Ratings00 Ratings
Predictive Analytics7.4136 Ratings8.648 Ratings
Pattern Recognition and Data Mining7.437 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Microsoft Power BI
8.5
178 Ratings
0% below category average
Prophix
9.5
114 Ratings
10% above category average
Multi-User Support (named login)8.7168 Ratings9.8111 Ratings
Role-Based Security Model8.4146 Ratings9.8110 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.4158 Ratings9.8114 Ratings
Report-Level Access Control8.347 Ratings8.555 Ratings
Single Sign-On (SSO)8.6140 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Microsoft Power BI
8.0
160 Ratings
3% above category average
Prophix
9.6
60 Ratings
23% above category average
Responsive Design for Web Access7.7150 Ratings9.660 Ratings
Mobile Application7.6131 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.9153 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Microsoft Power BI
7.8
115 Ratings
1% above category average
Prophix
-
Ratings
REST API8.1103 Ratings00 Ratings
Javascript API7.684 Ratings00 Ratings
iFrames8.055 Ratings00 Ratings
Java API7.068 Ratings00 Ratings
Themeable User Interface (UI)7.690 Ratings00 Ratings
Customizable Platform (Open Source)8.444 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Microsoft Power BI
-
Ratings
Prophix
9.7
219 Ratings
16% above category average
Long-term financial planning00 Ratings9.8185 Ratings
Financial budgeting00 Ratings9.8214 Ratings
Forecasting00 Ratings9.6205 Ratings
Scenario modeling00 Ratings9.5169 Ratings
Management reporting00 Ratings9.8209 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Microsoft Power BI
-
Ratings
Prophix
8.6
177 Ratings
8% above category average
Financial data consolidation00 Ratings9.7143 Ratings
Journal entries and reports00 Ratings9.788 Ratings
Multi-currency management00 Ratings7.372 Ratings
Intercompany Eliminations00 Ratings7.586 Ratings
Minority Ownership00 Ratings7.135 Ratings
Local and consolidated reporting00 Ratings9.8124 Ratings
Detailed Audit Trails00 Ratings8.8107 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Microsoft Power BI
-
Ratings
Prophix
8.8
208 Ratings
9% above category average
Financial Statement Reporting00 Ratings9.8190 Ratings
Management Reporting00 Ratings9.8201 Ratings
Excel-based Reporting00 Ratings8.9184 Ratings
Automated board and financial reporting00 Ratings9.8160 Ratings
XBRL support for regulatory filing00 Ratings5.610 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Microsoft Power BI
-
Ratings
Prophix
8.9
184 Ratings
9% above category average
Personalized dashboards00 Ratings8.8171 Ratings
Color-coded scorecards00 Ratings8.8125 Ratings
KPIs00 Ratings8.6137 Ratings
Cost and profitability analysis00 Ratings9.5134 Ratings
Key Performance Indicator setting00 Ratings8.8110 Ratings
Benchmarking with external data00 Ratings8.775 Ratings
Integration
Comparison of Integration features of Product A and Product B
Microsoft Power BI
-
Ratings
Prophix
9.7
205 Ratings
15% above category average
Flat file integration00 Ratings9.8166 Ratings
Excel data integration00 Ratings9.8181 Ratings
Direct links to 3rd-party data sources00 Ratings9.5157 Ratings
Best Alternatives
Microsoft Power BIProphix
Small Businesses
Yellowfin
Yellowfin
Score 8.7 out of 10

No answers on this topic

Medium-sized Companies
Reveal
Reveal
Score 10.0 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
Kyvos Semantic Layer
Kyvos Semantic Layer
Score 9.5 out of 10
OneStream
OneStream
Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Microsoft Power BIProphix
Likelihood to Recommend
8.5
(197 ratings)
8.9
(233 ratings)
Likelihood to Renew
9.5
(3 ratings)
10.0
(16 ratings)
Usability
8.3
(113 ratings)
7.7
(49 ratings)
Availability
-
(0 ratings)
9.9
(30 ratings)
Performance
-
(0 ratings)
9.6
(29 ratings)
Support Rating
10.0
(52 ratings)
8.2
(121 ratings)
In-Person Training
-
(0 ratings)
10.0
(11 ratings)
Online Training
-
(0 ratings)
10.0
(13 ratings)
Implementation Rating
9.0
(1 ratings)
9.0
(19 ratings)
Configurability
-
(0 ratings)
9.0
(11 ratings)
Ease of integration
-
(0 ratings)
8.9
(29 ratings)
Product Scalability
-
(0 ratings)
9.7
(27 ratings)
Vendor post-sale
-
(0 ratings)
8.5
(23 ratings)
Vendor pre-sale
-
(0 ratings)
7.6
(21 ratings)
User Testimonials
Microsoft Power BIProphix
Likelihood to Recommend
Microsoft
Has significantly improved collation of data and visualisation especially with business across Europe. Has given me the ability to see the Site availability at the click of a button to see which Site is in the "money" and seize opportunities based on Market data
Read full review
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.
Read full review
Pros
Microsoft
  • Options for data source connections are immense. Not just which sources, but your options for *how* the data is brought in.
  • Constant updates (this is both good and bad at times).
  • User friendliness. I can get the data connections set up and draft some quick visuals, then release to the target audience and let them expand on it how they want to.
Read full review
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.
Read full review
Cons
Microsoft
  • It would be easier for users could Microsoft Power BI and Excel used the same programming languages.
  • Would like to see the online version of Microsoft Power BI be as powerful as the desktop version.
  • Publishing a Microsoft Power BI file online and then having to save the file is somewhat redundant.
  • Would like to export each page or chart as an image.
Read full review
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.
Read full review
Likelihood to Renew
Microsoft
Microsoft Power BI is an excellent and scalable tool. It has a learning curve, but once you get past that, the sky is the limit and you can build from the most simple to the most complex dashboards. I have built everything from simple reports with only a few data points to complex reports with many pages and advanced filtering.
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
Microsoft
Automating reporting has reduced manual data processing by 50-70%, freeing up analysts for higher-value tasks. A finance team that previously spent 20+ hours per week on Excel-based reports now does it in minutes with Microsoft Power BI's automated Real-time dashboards have shortened decision cycles by 30-40%, enabling leadership to react quickly to sales trends, operational bottlenecks, and customer behavior.
Read full review
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.
Read full review
Reliability and Availability
Microsoft
No answers on this topic
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.
Read full review
Performance
Microsoft
No answers on this topic
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.
Read full review
Support Rating
Microsoft
It is a fantastic tool, you can do almost everything related with data and reports, it is a perfect substitutive of Power Point and Excel with a high evolution and flexibility, and also it is very friendly and easy to share. I think all companies should have Power BI (or other BI tool) in their software package and if they are in the MS Suite, for sure Power BI should be the one due to all the benefits of the MS ecosystem.
Read full review
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!
Read full review
In-Person Training
Microsoft
No answers on this topic
Prophix Software
Training is essential for this software to be successful for any company. We unfortunately had a bad implementation and training manager so I can say with confidence that if we had the CSM we have now - we would be light years ahead of our knowledge of the system. I highly suggest taking all training opportunities and not rushing the implementation training
Read full review
Online Training
Microsoft
No answers on this topic
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.
Read full review
Implementation Rating
Microsoft
It was integrated with our erp easily and was accessible on cloud.
Read full review
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.
Read full review
Alternatives Considered
Microsoft
Microsoft Power BI is free. If I didn't want to create a custom platform (i.e. my organization insisted on an existing platform that I *had* to use), I'd use Microsoft Power BI. For any start-up or SMB, I'd just use Claude & Grok to build it quickly, also for free. Would not pay for Tableau or Sigma anymore. Not worth it at all.
Read full review
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.
Read full review
Scalability
Microsoft
No answers on this topic
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
Read full review
Return on Investment
Microsoft
  • Power BI usage reduced the effort of analytical reports creation by about 80%
  • Empowered all the level of employee to be more vigilant of the data and business insights, gained the profit of 8% overall.
  • AI-powered predictive analytics improved forecasting accuracy by 17%, that topped the overall sales.
Read full review
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.
Read full review
ScreenShots

Microsoft Power BI Screenshots

Screenshot of Microsoft Power BI - Turns insights into impact for business usersScreenshot of Power BI integrates easily with Microsoft 365Screenshot of Microsoft Power BI - AI-Powered CapabilitiesScreenshot of Microsoft Power BI - Copilot can be used to create reportsScreenshot of Microsoft Power BI - Data HubScreenshot of Microsoft Power BI - Scales as organizational needs grow

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.