Oracle Fusion Cloud Enterprise Performance Management vs. Prophix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle Fusion Cloud Enterprise Performance Management
Score 7.2 out of 10
N/A
Oracle Fusion Cloud Enterprise Performance Management (EPM) is a solution that helps users model and plan across finance, HR, supply chain, and sales, streamline the financial close process. Oracle Cloud Enterprise Performance Management (EPM) Platform is a framework of the technical and functional components shared among Cloud EPM processes.
$250
per user/per month
Prophix
Score 8.2 out of 10
Enterprise companies (1,001+ employees)
Prophix helps finance leaders to improve the speed and accuracy of decision making. Prophix’s Financial Performance Platform enables finance teams to reduce complexity and uncertainty, and illuminate insights with access to AI insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.N/A
Pricing
Oracle Fusion Cloud Enterprise Performance ManagementProphix
Editions & Modules
EPM Standard
$250
per user/per month
EPM Enterprise
$500
per user/per month
No answers on this topic
Offerings
Pricing Offerings
Oracle Fusion Cloud Enterprise Performance ManagementProphix
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsPricing 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.
More Pricing Information
Community Pulse
Oracle Fusion Cloud Enterprise Performance ManagementProphix
Considered Both Products
Oracle Fusion Cloud Enterprise Performance Management
Chose Oracle Fusion Cloud Enterprise Performance Management
Oracle EPM Cloud is much more user-friendly when compared to Prophix. Oracle's Smart View, compared to Prophix Excel plug-ins, is a lot more flexible.
Chose Oracle Fusion Cloud Enterprise Performance Management
We used to use Prophix before we switched over to Oracle EPM Cloud. In general, Oracle EPM Cloud and Prophix have similar feature offerings, but Oracle EPM takes advantage of the current major leading technologies. We chose EPM Cloud since we needed to access the Cloud through …
Prophix

No answer on this topic

Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
Oracle Fusion Cloud Enterprise Performance ManagementProphix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.6
3 Ratings
36% below category average
Prophix
7.6
4 Ratings
6% below category average
Pixel Perfect reports8.12 Ratings00 Ratings
Customizable dashboards4.43 Ratings7.33 Ratings
Report Formatting Templates4.43 Ratings8.04 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.2
23 Ratings
10% above category average
Prophix
8.8
86 Ratings
6% above category average
Drill-down analysis9.722 Ratings9.585 Ratings
Formatting capabilities9.521 Ratings8.684 Ratings
Report sharing and collaboration8.419 Ratings8.480 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.0
19 Ratings
10% above category average
Prophix
8.8
79 Ratings
7% above category average
Publish to Web9.016 Ratings00 Ratings
Publish to PDF8.919 Ratings9.074 Ratings
Report Versioning9.017 Ratings8.054 Ratings
Report Delivery Scheduling9.015 Ratings9.267 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.9
3 Ratings
26% below category average
Prophix
7.3
27 Ratings
5% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)6.03 Ratings00 Ratings
Location Analytics / Geographic Visualization6.83 Ratings00 Ratings
Predictive Analytics5.13 Ratings7.327 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.2
24 Ratings
5% above category average
Prophix
8.9
83 Ratings
2% above category average
Multi-User Support (named login)9.020 Ratings9.480 Ratings
Role-Based Security Model9.323 Ratings8.880 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.920 Ratings8.883 Ratings
Single Sign-On (SSO)9.321 Ratings00 Ratings
Report-Level Access Control00 Ratings8.625 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.2
2 Ratings
11% below category average
Prophix
9.6
40 Ratings
18% above category average
Responsive Design for Web Access6.22 Ratings9.640 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.8
38 Ratings
6% above category average
Prophix
9.1
183 Ratings
9% above category average
Long-term financial planning9.230 Ratings9.0149 Ratings
Financial budgeting9.738 Ratings9.0178 Ratings
Forecasting8.937 Ratings9.0170 Ratings
Scenario modeling8.635 Ratings9.5137 Ratings
Management reporting7.833 Ratings9.0175 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
20 Ratings
12% above category average
Prophix
8.4
148 Ratings
4% above category average
Financial data consolidation9.817 Ratings9.6124 Ratings
Journal entries and reports9.714 Ratings9.376 Ratings
Multi-currency management8.913 Ratings8.159 Ratings
Intercompany Eliminations8.914 Ratings8.870 Ratings
Minority Ownership8.612 Ratings7.027 Ratings
Local and consolidated reporting9.716 Ratings9.0104 Ratings
Detailed Audit Trails8.216 Ratings7.484 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.4
34 Ratings
2% above category average
Prophix
8.4
175 Ratings
2% above category average
Financial Statement Reporting9.629 Ratings9.1158 Ratings
Management Reporting7.932 Ratings9.3169 Ratings
Excel-based Reporting8.430 Ratings8.9153 Ratings
Automated board and financial reporting7.828 Ratings8.6132 Ratings
XBRL support for regulatory filing8.519 Ratings6.43 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.7
25 Ratings
4% below category average
Prophix
7.9
152 Ratings
2% below category average
Personalized dashboards8.225 Ratings8.6140 Ratings
Color-coded scorecards7.73 Ratings8.0100 Ratings
KPIs7.44 Ratings7.8109 Ratings
Cost and profitability analysis6.74 Ratings7.7109 Ratings
Key Performance Indicator setting8.124 Ratings7.588 Ratings
Benchmarking with external data8.024 Ratings7.559 Ratings
Integration
Comparison of Integration features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
36 Ratings
9% above category average
Prophix
9.1
171 Ratings
9% above category average
Flat file integration9.634 Ratings8.9135 Ratings
Excel data integration9.632 Ratings8.9149 Ratings
Direct links to 3rd-party data sources8.228 Ratings9.3130 Ratings
Best Alternatives
Oracle Fusion Cloud Enterprise Performance ManagementProphix
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle Fusion Cloud Enterprise Performance ManagementProphix
Likelihood to Recommend
8.9
(46 ratings)
8.6
(201 ratings)
Likelihood to Renew
9.0
(3 ratings)
10.0
(16 ratings)
Usability
8.0
(1 ratings)
8.9
(43 ratings)
Availability
10.0
(1 ratings)
9.2
(25 ratings)
Performance
9.0
(1 ratings)
8.6
(24 ratings)
Support Rating
6.8
(3 ratings)
8.0
(120 ratings)
In-Person Training
-
(0 ratings)
8.3
(10 ratings)
Online Training
-
(0 ratings)
8.7
(12 ratings)
Implementation Rating
8.2
(16 ratings)
9.0
(19 ratings)
Configurability
5.0
(1 ratings)
8.7
(11 ratings)
Ease of integration
8.0
(1 ratings)
8.6
(27 ratings)
Product Scalability
8.0
(1 ratings)
9.1
(22 ratings)
Vendor post-sale
7.0
(1 ratings)
9.1
(20 ratings)
Vendor pre-sale
9.0
(1 ratings)
8.8
(18 ratings)
User Testimonials
Oracle Fusion Cloud Enterprise Performance ManagementProphix
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
Being able to allow all budget holders access to their reports via Prophix and having charts on the dashboards which give an image of where we are financially as a company each month is really helpful, our users appreciate the access and not receiving emails with reports. The drill down in the reports provides much more detail for the budget holders and going forward we are going to try to use the line item details to provided a greater amount of information. Using the Detailed Planning Manager for Personnel Planning during budget setting was a game changer - being able to view the costs and being much more accurate with regard to start and end dates and applying a cost of living increase which we could adjust to see how it would affect the budget overall was really helpful.
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
  • 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
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
  • Version control; there are issues using the same budget version in multiple years if adding detail (line item detail). What Prophix has explained as a benefit is a huge detriment for us and we've been working with them for 6 months on a fix and it's yet to get resolved
  • There are certain aspects that a messy; within our budgeting and forecasting detail, we have "unexplained balance" lines that show up that are distracting and add no value.
  • Lack of a centralized location for content outside of tool; for example, training, help, support, intranet, etc are all separate websites and not easy to get to. I'm not sure why all of this isn't linked to the same account and accessible through the tool. Why should we need separate passwords for everything Prophix?!
Read full review
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's CS is one of the best that we communicate with. Response time is reasonable, and they can communicate via email or phone or Teams. Multiple ways to communicate and if any additional questions that they cannot answer, i am redirected to the correct individual to assist
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!
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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!
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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.
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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.
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Alternatives Considered
Oracle
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.
Read full review
Prophix Software
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 than its rivals, which made the decision process quite easy.
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.
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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
  • 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

Oracle Fusion Cloud Enterprise Performance Management Screenshots

Screenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise DeploymentScreenshot of Planning and Forecasting - Decision-Oriented Plans with Instant Feedback Loop - What-If Modeling and SandboxScreenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of User Interface - Role-Based, Intuitive User Interface - Role-Based Navigation Flows - Microsoft Office InterfaceScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise Deployment

Prophix Screenshots

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 an efficient summary of key performance metrics found buried within Prophix charts.  It also summarizes the important insights in plain English.Screenshot of Prophix's self-serve dashboards and visualizations, 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 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.