What users are saying about
196 Ratings
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Top Rated
186 Ratings
196 Ratings
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Score 7.8 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 Hyperion

Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement.Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
Anonymous | 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 Hyperion
7.4
Prophix
Pixel Perfect reports
Oracle Hyperion
7.2
Prophix
Customizable dashboards
Oracle Hyperion
7.1
Prophix
Report Formatting Templates
Oracle Hyperion
7.8
Prophix

Ad-hoc Reporting

Oracle Hyperion
7.6
Prophix
7.7
Drill-down analysis
Oracle Hyperion
8.3
Prophix
8.2
Formatting capabilities
Oracle Hyperion
7.7
Prophix
6.7
Integration with R or other statistical packages
Oracle Hyperion
7.3
Prophix
Report sharing and collaboration
Oracle Hyperion
7.0
Prophix
8.2

Report Output and Scheduling

Oracle Hyperion
6.8
Prophix
7.5
Publish to Web
Oracle Hyperion
6.4
Prophix
Publish to PDF
Oracle Hyperion
6.5
Prophix
7.8
Report Versioning
Oracle Hyperion
7.1
Prophix
7.3
Report Delivery Scheduling
Oracle Hyperion
7.4
Prophix
7.5

Data Discovery and Visualization

Oracle Hyperion
7.1
Prophix
8.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
Oracle Hyperion
6.9
Prophix
Location Analytics / Geographic Visualization
Oracle Hyperion
7.3
Prophix
Predictive Analytics
Oracle Hyperion
7.2
Prophix
8.0

Access Control and Security

Oracle Hyperion
7.3
Prophix
8.6
Multi-User Support (named login)
Oracle Hyperion
7.3
Prophix
8.8
Role-Based Security Model
Oracle Hyperion
6.6
Prophix
8.4
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Hyperion
7.4
Prophix
8.6
Single Sign-On (SSO)
Oracle Hyperion
7.9
Prophix

Mobile Capabilities

Oracle Hyperion
5.6
Prophix
8.0
Responsive Design for Web Access
Oracle Hyperion
6.1
Prophix
8.0
Dedicated iOS Application
Oracle Hyperion
5.0
Prophix
Dedicated Android Application
Oracle Hyperion
5.0
Prophix
Dashboard / Report / Visualization Interactivity on Mobile
Oracle Hyperion
6.2
Prophix

Budgeting, Planning, and Forecasting

Oracle Hyperion
8.2
Prophix
8.6
Long-term financial planning
Oracle Hyperion
8.4
Prophix
8.4
Financial budgeting
Oracle Hyperion
8.5
Prophix
8.8
Forecasting
Oracle Hyperion
8.2
Prophix
8.3
Scenario modeling
Oracle Hyperion
7.5
Prophix
8.2
Management reporting
Oracle Hyperion
8.5
Prophix
9.4

Consolidation and Close

Oracle Hyperion
7.8
Prophix
7.5
Financial data consolidation
Oracle Hyperion
8.3
Prophix
8.2
Journal entries and reports
Oracle Hyperion
7.9
Prophix
7.4
Multi-currency management
Oracle Hyperion
8.2
Prophix
7.0
Intercompany Eliminations
Oracle Hyperion
7.6
Prophix
7.0
Minority Ownership
Oracle Hyperion
7.4
Prophix
6.9
Local and consolidated reporting
Oracle Hyperion
7.8
Prophix
8.5
Detailed Audit Trails
Oracle Hyperion
7.6
Prophix
7.4

Financial Reporting and Compliance

Oracle Hyperion
8.2
Prophix
7.8
Financial Statement Reporting
Oracle Hyperion
8.5
Prophix
9.3
Management Reporting
Oracle Hyperion
8.4
Prophix
9.1
Excel-based Reporting
Oracle Hyperion
8.9
Prophix
7.9
Automated board and financial reporting
Oracle Hyperion
7.7
Prophix
8.2
XBRL support for regulatory filing
Oracle Hyperion
7.5
Prophix
4.5

Analytics

Oracle Hyperion
7.5
Prophix
7.8
Personalized dashboards
Oracle Hyperion
8.0
Prophix
9.0
Color-coded scorecards
Oracle Hyperion
7.3
Prophix
7.0
KPIs
Oracle Hyperion
7.4
Prophix
7.6
Cost and profitability analysis
Oracle Hyperion
7.8
Prophix
8.1
Key Performance Indicator setting
Oracle Hyperion
7.2
Prophix
7.5
Benchmarking with external data
Oracle Hyperion
7.4
Prophix
7.5

Integration

Oracle Hyperion
8.0
Prophix
8.8
Flat file integration
Oracle Hyperion
8.2
Prophix
9.1
Excel data integration
Oracle Hyperion
8.5
Prophix
8.0
Direct links to 3rd-party data sources
Oracle Hyperion
7.3
Prophix
9.3

Pros

Oracle Hyperion

  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Teal Sexton | 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 Hyperion

  • One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
  • The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
  • Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
Matt Downing | 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 Hyperion

Oracle Hyperion 5.0
Based on 1 answer
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
Matt Downing | 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 Hyperion

No score
No answers yet
No answers on this topic

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 Hyperion

No score
No answers yet
No answers on this topic

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 Hyperion

No score
No answers yet
No answers on this topic

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 Hyperion

Oracle Hyperion 8.0
Based on 1 answer
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
Anonymous | 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 Hyperion

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 Hyperion

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 Hyperion

No score
No answers yet
No answers on this topic

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 Hyperion

I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
Ricky Bhatia | 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 Hyperion

No score
No answers yet
No answers on this topic

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 Hyperion

  • Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
  • Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
  • One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
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 Hyperion

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
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 Hyperion
7.8
Prophix
9.4

Likelihood to Renew

Oracle Hyperion
5.0
Prophix
10.0

Usability

Oracle Hyperion
Prophix
8.4

Reliability and Availability

Oracle Hyperion
Prophix
8.9

Performance

Oracle Hyperion
Prophix
7.2

Support Rating

Oracle Hyperion
8.0
Prophix
8.8

In-Person Training

Oracle Hyperion
Prophix
8.7

Online Training

Oracle Hyperion
Prophix
9.0

Implementation Rating

Oracle Hyperion
Prophix
7.9

Scalability

Oracle Hyperion
Prophix
7.6

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