What users are saying about
175 Ratings
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Top Rated
220 Ratings
175 Ratings
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Score 8.6 out of 100

Prophix

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Top Rated
220 Ratings
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Score 8.4 out of 100

Feature Set Ratings

  • Oracle Cloud EPM ranks higher in 6 feature sets: Ad-hoc Reporting, Report Output and Scheduling, Consolidation and Close, Financial Reporting and Compliance, Analytics and Reporting, Integration
  • Prophix ranks higher in 4 feature sets: Data Discovery and Visualization, Access Control and Security, Mobile Capabilities, Budgeting, Planning, and Forecasting

BI Standard Reporting

5.6

Oracle Cloud EPM

56%

Prophix

Feature Set Not Supported
N/A
Oracle Cloud EPM ranks higher in 3/3 features

Pixel Perfect reports

8.1
81%
2 Ratings
N/A
0 Ratings

Customizable dashboards

4.4
44%
3 Ratings
N/A
0 Ratings

Report Formatting Templates

4.4
44%
3 Ratings
N/A
0 Ratings

Ad-hoc Reporting

8.9

Oracle Cloud EPM

89%
8.5

Prophix

85%
Oracle Cloud EPM ranks higher in 3/3 features

Drill-down analysis

9.2
92%
23 Ratings
9.0
90%
48 Ratings

Formatting capabilities

9.0
90%
22 Ratings
8.0
80%
46 Ratings

Report sharing and collaboration

8.6
86%
20 Ratings
8.6
86%
45 Ratings

Report Output and Scheduling

8.7

Oracle Cloud EPM

87%
8.6

Prophix

86%
Oracle Cloud EPM ranks higher in 3/4 features

Publish to Web

8.6
86%
17 Ratings
N/A
0 Ratings

Publish to PDF

8.7
87%
20 Ratings
8.9
89%
41 Ratings

Report Versioning

8.8
88%
18 Ratings
8.1
81%
30 Ratings

Report Delivery Scheduling

8.8
88%
16 Ratings
8.7
87%
37 Ratings

Data Discovery and Visualization

5.9

Oracle Cloud EPM

59%
7.6

Prophix

76%
Oracle Cloud EPM ranks higher in 2/3 features

Pre-built visualization formats (heatmaps, scatter plots etc.)

6.0
60%
3 Ratings
N/A
0 Ratings

Location Analytics / Geographic Visualization

6.8
68%
3 Ratings
N/A
0 Ratings

Predictive Analytics

5.1
51%
3 Ratings
7.6
76%
14 Ratings

Access Control and Security

8.9

Oracle Cloud EPM

89%
9.1

Prophix

91%
Prophix ranks higher in 3/4 features

Multi-User Support (named login)

8.6
86%
21 Ratings
9.2
92%
43 Ratings

Role-Based Security Model

9.0
90%
24 Ratings
9.1
91%
44 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

8.7
87%
21 Ratings
9.1
91%
46 Ratings

Single Sign-On (SSO)

9.2
92%
22 Ratings
N/A
0 Ratings

Mobile Capabilities

7.2

Oracle Cloud EPM

72%
8.4

Prophix

84%
Prophix ranks higher in 1/1 features

Responsive Design for Web Access

6.2
62%
2 Ratings
8.4
84%
21 Ratings

Budgeting, Planning, and Forecasting

8.6

Oracle Cloud EPM

86%
8.7

Prophix

87%
Oracle Cloud EPM ranks higher in 3/5 features

Long-term financial planning

8.5
85%
30 Ratings
8.3
83%
122 Ratings

Financial budgeting

9.2
92%
38 Ratings
9.2
92%
143 Ratings

Forecasting

8.9
89%
37 Ratings
9.0
90%
137 Ratings

Scenario modeling

8.5
85%
35 Ratings
8.1
81%
116 Ratings

Management reporting

8.0
80%
33 Ratings
9.0
90%
143 Ratings

Consolidation and Close

8.9

Oracle Cloud EPM

89%
7.6

Prophix

76%
Oracle Cloud EPM ranks higher in 6/7 features

Financial data consolidation

9.4
94%
18 Ratings
9.2
92%
99 Ratings

Journal entries and reports

9.3
93%
15 Ratings
8.2
82%
60 Ratings

Multi-currency management

8.7
87%
14 Ratings
7.2
72%
44 Ratings

Intercompany Eliminations

9.0
90%
14 Ratings
6.6
66%
53 Ratings

Minority Ownership

8.7
87%
12 Ratings
5.4
54%
20 Ratings

Local and consolidated reporting

9.3
93%
17 Ratings
8.6
86%
83 Ratings

Detailed Audit Trails

8.1
81%
17 Ratings
8.2
82%
64 Ratings

Financial Reporting and Compliance

8.3

Oracle Cloud EPM

83%
8.0

Prophix

80%
Prophix ranks higher in 4/5 features

Financial Statement Reporting

9.1
91%
29 Ratings
9.1
91%
127 Ratings

Management Reporting

7.9
79%
32 Ratings
9.1
91%
138 Ratings

Excel-based Reporting

8.1
81%
31 Ratings
8.7
87%
124 Ratings

Automated board and financial reporting

8.1
81%
28 Ratings
8.3
83%
104 Ratings

XBRL support for regulatory filing

8.4
84%
20 Ratings
4.5
45%
2 Ratings

Analytics and Reporting

7.8

Oracle Cloud EPM

78%
7.5

Prophix

75%
Prophix ranks higher in 4/6 features

Personalized dashboards

8.2
82%
26 Ratings
8.9
89%
112 Ratings

Color-coded scorecards

7.7
77%
3 Ratings
7.8
78%
82 Ratings

KPIs

7.4
74%
4 Ratings
7.5
75%
87 Ratings

Cost and profitability analysis

6.7
67%
4 Ratings
6.8
68%
91 Ratings

Key Performance Indicator setting

8.3
83%
25 Ratings
7.3
73%
73 Ratings

Benchmarking with external data

8.3
83%
25 Ratings
6.7
67%
47 Ratings

Integration

8.8

Oracle Cloud EPM

88%
8.2

Prophix

82%
Oracle Cloud EPM ranks higher in 2/3 features

Flat file integration

9.3
93%
34 Ratings
8.0
80%
108 Ratings

Excel data integration

9.2
92%
33 Ratings
8.4
84%
121 Ratings

Direct links to 3rd-party data sources

7.9
79%
29 Ratings
8.3
83%
101 Ratings

Attribute Ratings

  • Oracle Cloud EPM is rated higher in 1 area: Availability
  • Prophix is rated higher in 10 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Performance, Support Rating, Implementation Rating, Configurability, Ease of integration, Product Scalability, Vendor post-sale
  • Oracle Cloud EPM and Prophix are tied in 1 area: Vendor pre-sale

Likelihood to Recommend

8.4

Oracle Cloud EPM

84%
46 Ratings
8.9

Prophix

89%
166 Ratings

Likelihood to Renew

9.0

Oracle Cloud EPM

90%
3 Ratings
10.0

Prophix

100%
16 Ratings

Usability

8.0

Oracle Cloud EPM

80%
1 Rating
8.7

Prophix

87%
38 Ratings

Availability

10.0

Oracle Cloud EPM

100%
2 Ratings
9.9

Prophix

99%
31 Ratings

Performance

9.0

Oracle Cloud EPM

90%
2 Ratings
9.1

Prophix

91%
31 Ratings

Support Rating

6.8

Oracle Cloud EPM

68%
6 Ratings
8.2

Prophix

82%
202 Ratings

In-Person Training

Oracle Cloud EPM

N/A
0 Ratings
8.6

Prophix

86%
9 Ratings

Online Training

Oracle Cloud EPM

N/A
0 Ratings
8.2

Prophix

82%
10 Ratings

Implementation Rating

8.2

Oracle Cloud EPM

82%
32 Ratings
9.3

Prophix

93%
27 Ratings

Configurability

5.0

Oracle Cloud EPM

50%
1 Rating
9.0

Prophix

90%
9 Ratings

Ease of integration

8.0

Oracle Cloud EPM

80%
1 Rating
8.1

Prophix

81%
21 Ratings

Product Scalability

8.0

Oracle Cloud EPM

80%
1 Rating
8.6

Prophix

86%
18 Ratings

Vendor post-sale

7.0

Oracle Cloud EPM

70%
1 Rating
8.9

Prophix

89%
16 Ratings

Vendor pre-sale

9.0

Oracle Cloud EPM

90%
1 Rating
9.0

Prophix

90%
15 Ratings

Likelihood to Recommend

Oracle

It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
Read full review

Prophix Software

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.
Read full review

Pros

Oracle

  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
Read full review

Prophix Software

  • 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.
Read full review

Cons

Oracle

  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
Read full review

Prophix Software

  • 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

Pricing Details

Oracle Cloud EPM

Starting Price

$250 per user/per month

Editions & Modules

Oracle Cloud EPM editions and modules pricing
EditionModules
EPM Standard2501
EPM Enterprise5002

Footnotes

  1. per user/per month
  2. per user/per month

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Entry-level set up fee?

No setup fee

Additional Details

Pricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.

Prophix

Starting Price

Editions & Modules

Prophix editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    Optional

    Additional Details

    Pricing Info

    Likelihood to Renew

    Oracle

    We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
    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

    Oracle

    EPM usability is good in some modules but needs some improvement in others
    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

    Oracle

    EPM has been so far available all the time
    Read full review

    Prophix Software

    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
    Read full review

    Performance

    Oracle

    The product performance is so far very good
    Read full review

    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

    Oracle

    Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
    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

    Oracle

    No answers on this topic

    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.
    Read full review

    Online Training

    Oracle

    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

    Oracle

    I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
    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

    Oracle

    The cloud is the way technology is going, so we love migrating from on prem solutions to true cloud-based solutions such as Oracle Cloud EPM. It's very easy to use. We also felt comfortable choosing the solution when reading a previous review around the system being able to have one global plan and integration with other Oracle products for plans which reduces the manual effort of getting the data and activating information.
    Read full review

    Prophix Software

    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.
    Read full review

    Scalability

    Oracle

    The product is scalable
    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.
    Read full review

    Return on Investment

    Oracle

    • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
    • We now need less employees to manage the configurations of Oracle EPM Cloud.
    • There have been many time savings as a whole to apply to more productive causes.
    Read full review

    Prophix Software

    • 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.
    Read full review

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