What users are saying about
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Top Rated
149 Ratings
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Top Rated
186 Ratings

Oracle Cloud EPM

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Top Rated
149 Ratings
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Score 8.2 out of 100

Prophix

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Top Rated
186 Ratings
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Score 8.7 out of 100

Likelihood to Recommend

Oracle Cloud EPM

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 successIt 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.
Vishal Shivdasani | TrustRadius Reviewer

Prophix

Any company that has multiple entities and/or stores would see an immediate benefit, as Prophix has the ability to slice and dice the financial and non-financial data on any dimension (whether it's company code, store code, etc.) Multiple entity reporting is extremely easy, and also very flexible. Our organization has 140 stores in 1 entity, and 3 other entities that don't have stores. With Prophix we are able to generate reporting that gives us both consolidated and consolidating financials with 1 click.
Paul Ryan | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Oracle Cloud EPM
6.4
Prophix
Pixel Perfect reports
Oracle Cloud EPM
8.1
Prophix
Customizable dashboards
Oracle Cloud EPM
5.6
Prophix
Report Formatting Templates
Oracle Cloud EPM
5.7
Prophix

Ad-hoc Reporting

Oracle Cloud EPM
7.9
Prophix
7.7
Drill-down analysis
Oracle Cloud EPM
8.0
Prophix
8.2
Formatting capabilities
Oracle Cloud EPM
7.5
Prophix
6.7
Report sharing and collaboration
Oracle Cloud EPM
8.1
Prophix
8.2

Report Output and Scheduling

Oracle Cloud EPM
8.2
Prophix
7.5
Publish to Web
Oracle Cloud EPM
8.0
Prophix
Publish to PDF
Oracle Cloud EPM
8.8
Prophix
7.8
Report Versioning
Oracle Cloud EPM
7.9
Prophix
7.3
Report Delivery Scheduling
Oracle Cloud EPM
8.1
Prophix
7.5

Data Discovery and Visualization

Oracle Cloud EPM
5.7
Prophix
8.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
Oracle Cloud EPM
5.8
Prophix
Location Analytics / Geographic Visualization
Oracle Cloud EPM
6.0
Prophix
Predictive Analytics
Oracle Cloud EPM
5.4
Prophix
8.0

Access Control and Security

Oracle Cloud EPM
8.6
Prophix
8.6
Multi-User Support (named login)
Oracle Cloud EPM
8.5
Prophix
8.8
Role-Based Security Model
Oracle Cloud EPM
8.4
Prophix
8.4
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Cloud EPM
8.7
Prophix
8.6
Single Sign-On (SSO)
Oracle Cloud EPM
8.7
Prophix

Mobile Capabilities

Oracle Cloud EPM
7.2
Prophix
8.0
Responsive Design for Web Access
Oracle Cloud EPM
6.2
Prophix
8.0
Dedicated Android Application
Oracle Cloud EPM
8.2
Prophix

Budgeting, Planning, and Forecasting

Oracle Cloud EPM
8.4
Prophix
8.6
Long-term financial planning
Oracle Cloud EPM
8.4
Prophix
8.4
Financial budgeting
Oracle Cloud EPM
8.5
Prophix
8.8
Forecasting
Oracle Cloud EPM
8.2
Prophix
8.3
Scenario modeling
Oracle Cloud EPM
8.3
Prophix
8.2
Management reporting
Oracle Cloud EPM
8.5
Prophix
9.4

Consolidation and Close

Oracle Cloud EPM
7.7
Prophix
7.5
Financial data consolidation
Oracle Cloud EPM
7.9
Prophix
8.2
Journal entries and reports
Oracle Cloud EPM
7.4
Prophix
7.4
Multi-currency management
Oracle Cloud EPM
7.6
Prophix
7.0
Intercompany Eliminations
Oracle Cloud EPM
7.8
Prophix
7.0
Minority Ownership
Oracle Cloud EPM
7.5
Prophix
6.9
Local and consolidated reporting
Oracle Cloud EPM
7.4
Prophix
8.5
Detailed Audit Trails
Oracle Cloud EPM
8.1
Prophix
7.4

Financial Reporting and Compliance

Oracle Cloud EPM
8.0
Prophix
7.8
Financial Statement Reporting
Oracle Cloud EPM
8.4
Prophix
9.3
Management Reporting
Oracle Cloud EPM
8.4
Prophix
9.1
Excel-based Reporting
Oracle Cloud EPM
8.1
Prophix
7.9
Automated board and financial reporting
Oracle Cloud EPM
7.9
Prophix
8.2
XBRL support for regulatory filing
Oracle Cloud EPM
7.2
Prophix
4.5

Analytics

Oracle Cloud EPM
7.2
Prophix
7.8
Personalized dashboards
Oracle Cloud EPM
8.0
Prophix
9.0
Color-coded scorecards
Oracle Cloud EPM
6.8
Prophix
7.0
KPIs
Oracle Cloud EPM
7.3
Prophix
7.6
Cost and profitability analysis
Oracle Cloud EPM
6.0
Prophix
8.1
Key Performance Indicator setting
Oracle Cloud EPM
7.3
Prophix
7.5
Benchmarking with external data
Oracle Cloud EPM
7.6
Prophix
7.5

Integration

Oracle Cloud EPM
7.9
Prophix
8.8
Flat file integration
Oracle Cloud EPM
7.9
Prophix
9.1
Excel data integration
Oracle Cloud EPM
8.6
Prophix
8.0
Direct links to 3rd-party data sources
Oracle Cloud EPM
7.3
Prophix
9.3

Pros

Oracle Cloud EPM

  • 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.
Raju Aenike | TrustRadius Reviewer

Prophix

  • Line item Detail is one of my favorite functions. It is such a simple, easy thing but helps a lot with staying organized.
  • Workflows are super easy to create and make the budget kickoff effortless.
  • Processes - I love being able to create a process that will flip all data from one version to the next. This is so helpful for companies like mine that do multiple forecasts per year.
Ashleigh Arand | TrustRadius Reviewer

Cons

Oracle Cloud EPM

  • 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.
Anonymous | TrustRadius Reviewer

Prophix

  • In the future, it would nice to be able to preview an adhoc query result before committing to it. Sometimes waiting for the query results to finish rendering is a pain, especially if you realize that you need to change the view once you finally see it. This only applies to very large adhoc results however. 90% of the time, the wait time is very short.
Sharon Hess | TrustRadius Reviewer

Likelihood to Renew

Oracle Cloud EPM

Oracle Cloud EPM 9.0
Based on 3 answers
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.
Anonymous | 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

Oracle Cloud EPM

Oracle Cloud EPM 8.0
Based on 1 answer
EPM usability is good in some modules but needs some improvement in others
Aissam Drai | TrustRadius Reviewer

Prophix

Prophix 8.4
Based on 23 answers
Prophix is necessarily complex because it is a very flexible tool that can be used to solve just about any data analysis or reporting need. There is always a disconnect between the initial presentation of a software product and actual implementation and use. Be sure to allocate the necessary investment in time and money for consulting help and user training.
William Van Hulzen | TrustRadius Reviewer

Reliability and Availability

Oracle Cloud EPM

Oracle Cloud EPM 10.0
Based on 2 answers
EPM has been so far available all the time
Aissam Drai | TrustRadius Reviewer

Prophix

Prophix 8.9
Based on 12 answers
We have Prophix on premise so the only time we have issues with availability it was due to an internal issue and that has only happened once. So very few and far between
Tom Samuelson | TrustRadius Reviewer

Performance

Oracle Cloud EPM

Oracle Cloud EPM 9.0
Based on 2 answers
The product performance is so far very good
Aissam Drai | TrustRadius Reviewer

Prophix

Prophix 7.2
Based on 12 answers
During high peak times revenue and budget forecastings, (50 users in the system) Prophix does struggle during the time. I am usually asking IT once a quarter during the peak times to restart the server because its on overload. I have tried to train my users to use the system at different times, but when everyone waits to the last minute to perform their task Prophix can't keep up.
Angela Barta | TrustRadius Reviewer

Support Rating

Oracle Cloud EPM

Oracle Cloud EPM 7.0
Based on 6 answers
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!
Greg Grey | TrustRadius Reviewer

Prophix

Prophix 8.8
Based on 115 answers
Support has been great. We pay for the Continuous Success Package, and it's great to have that level of support, and not worry about going over budget to receive support. Support has always been able to fix my issue or provide the needed guidance. The one thing I wish they would improve, or I would learn how to do, is to be able to get faster response times on support. Generally, I have to schedule something 3-5 days out. That's not always ideal.
Stephen Kirschenmann | TrustRadius Reviewer

In-Person Training

Oracle Cloud EPM

No score
No answers yet
No answers on this topic

Prophix

Prophix 8.7
Based on 3 answers
During the implementation process we covered a lot of material in a short period of time. Our trainer was available via phone or e-mail for several weeks after our initial training for any questions that we had. After about 3 months on the system we brought our trainer in for additional training and model development.
Tom Samuelson | TrustRadius Reviewer

Online Training

Oracle Cloud EPM

No score
No answers yet
No answers on this topic

Prophix

Prophix 9.0
Based on 4 answers
They have pretty good help screens within Prophix. I have sued them a lot because the Customer Success Program is so easy to use
Tom Samuelson | TrustRadius Reviewer

Implementation Rating

Oracle Cloud EPM

Oracle Cloud EPM 8.1
Based on 32 answers
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.
Anonymous | TrustRadius Reviewer

Prophix

Prophix 7.9
Based on 11 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

Oracle Cloud EPM

Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
Anonymous | TrustRadius Reviewer

Prophix

Compared to Host Analytics and Adaptive, Prophix provides more value for the dollar, especially when we deploy multiple models. Solution set is also comparably built out, so we are not missing any critical functionality. Self-maintenance by finance is also comparable to Host and Adaptive, and much easier compared to SAP and Oracle solutions. (Much more expense both for consulting and license when compared to those last two.)I still think Prophix has a compelling value story. Because the underlying technology is Microsoft, I am not worried that the Prophix functionality/technology will ever lag too far behind anything other larger companies offer, and will certainly stay with any proprietary solutions.
Andreas Loeffler | TrustRadius Reviewer

Scalability

Oracle Cloud EPM

Oracle Cloud EPM 8.0
Based on 1 answer
The product is scalable
Aissam Drai | TrustRadius Reviewer

Prophix

Prophix 7.6
Based on 9 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

Oracle Cloud EPM

  • 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.
Anonymous | TrustRadius Reviewer

Prophix

  • Cost. In comparing this to Adaptive, Oracle, Host Analytics - this product really stands out from a cost standpoint in being much cheaper and the value (based on features and knowledge transfer from the consultant) pays out over time.
  • Employee productivity. The software definitely solved load time issues and made our reporting process much smoother. We have more time for analytics and spending a lot less time on data validation.
Brandon Russell | TrustRadius Reviewer

Screenshots

Pricing Details

Oracle Cloud 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

Oracle Cloud EPM
8.3
Prophix
9.4

Likelihood to Renew

Oracle Cloud EPM
9.0
Prophix
10.0

Usability

Oracle Cloud EPM
8.0
Prophix
8.4

Reliability and Availability

Oracle Cloud EPM
10.0
Prophix
8.9

Performance

Oracle Cloud EPM
9.0
Prophix
7.2

Support Rating

Oracle Cloud EPM
7.0
Prophix
8.8

In-Person Training

Oracle Cloud EPM
Prophix
8.7

Online Training

Oracle Cloud EPM
Prophix
9.0

Implementation Rating

Oracle Cloud EPM
8.1
Prophix
7.9

Scalability

Oracle Cloud EPM
8.0
Prophix
7.6

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