What users are saying about
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Top Rated
170 Ratings
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Top Rated
220 Ratings

Planful

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Top Rated
170 Ratings
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Score 8.7 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

  • Planful ranks higher in 5 feature sets: Access Control and Security, Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Integration
  • Prophix ranks higher in 4 feature sets: Ad-hoc Reporting, Data Discovery and Visualization, Mobile Capabilities, Analytics and Reporting
  • Planful and Prophix are tied in 1 feature set: Report Output and Scheduling

BI Standard Reporting

7.3

Planful

73%

Prophix

Feature Set Not Supported
N/A
Planful ranks higher in 3/3 features

Pixel Perfect reports

7.3
73%
10 Ratings
N/A
0 Ratings

Customizable dashboards

7.4
74%
20 Ratings
N/A
0 Ratings

Report Formatting Templates

7.3
73%
20 Ratings
N/A
0 Ratings

Ad-hoc Reporting

8.3

Planful

83%
8.5

Prophix

85%
Prophix ranks higher in 3/3 features

Drill-down analysis

8.8
88%
42 Ratings
9.0
90%
48 Ratings

Formatting capabilities

7.6
76%
43 Ratings
8.0
80%
46 Ratings

Report sharing and collaboration

8.4
84%
40 Ratings
8.6
86%
45 Ratings

Report Output and Scheduling

8.6

Planful

86%
8.6

Prophix

86%
Planful ranks higher in 4/4 features

Publish to Web

7.7
77%
8 Ratings
N/A
0 Ratings

Publish to PDF

9.1
91%
32 Ratings
8.9
89%
41 Ratings

Report Versioning

8.1
81%
21 Ratings
8.1
81%
30 Ratings

Report Delivery Scheduling

9.4
94%
23 Ratings
8.7
87%
37 Ratings

Data Discovery and Visualization

7.3

Planful

73%
7.6

Prophix

76%
Planful ranks higher in 2/2 features

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

6.9
69%
9 Ratings
N/A
0 Ratings

Predictive Analytics

7.7
77%
10 Ratings
7.6
76%
14 Ratings

Access Control and Security

9.5

Planful

95%
9.1

Prophix

91%
Planful ranks higher in 4/4 features

Multi-User Support (named login)

9.4
94%
40 Ratings
9.2
92%
43 Ratings

Role-Based Security Model

9.4
94%
40 Ratings
9.1
91%
44 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

9.5
95%
40 Ratings
9.1
91%
46 Ratings

Single Sign-On (SSO)

9.9
99%
33 Ratings
N/A
0 Ratings

Mobile Capabilities

8.2

Planful

82%
8.5

Prophix

85%
Planful ranks higher in 2/2 features

Responsive Design for Web Access

8.9
89%
20 Ratings
8.5
85%
21 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

7.5
75%
11 Ratings
N/A
0 Ratings

Budgeting, Planning, and Forecasting

9.4

Planful

94%
8.7

Prophix

87%
Planful ranks higher in 5/5 features

Long-term financial planning

9.4
94%
77 Ratings
8.3
83%
122 Ratings

Financial budgeting

9.8
98%
89 Ratings
9.2
92%
143 Ratings

Forecasting

9.3
93%
83 Ratings
9.0
90%
137 Ratings

Scenario modeling

8.5
85%
70 Ratings
8.1
81%
116 Ratings

Management reporting

9.8
98%
86 Ratings
9.0
90%
143 Ratings

Consolidation and Close

9.4

Planful

94%
7.6

Prophix

76%
Planful ranks higher in 7/7 features

Financial data consolidation

9.7
97%
59 Ratings
9.2
92%
99 Ratings

Journal entries and reports

8.9
89%
44 Ratings
8.2
82%
60 Ratings

Multi-currency management

9.3
93%
40 Ratings
7.2
72%
44 Ratings

Intercompany Eliminations

9.4
94%
38 Ratings
6.6
66%
53 Ratings

Minority Ownership

9.0
90%
19 Ratings
5.4
54%
20 Ratings

Local and consolidated reporting

10.0
100%
49 Ratings
8.6
86%
83 Ratings

Detailed Audit Trails

9.5
95%
45 Ratings
8.2
82%
64 Ratings

Financial Reporting and Compliance

8.8

Planful

88%
8.0

Prophix

80%
Planful ranks higher in 5/5 features

Financial Statement Reporting

9.6
96%
73 Ratings
9.1
91%
127 Ratings

Management Reporting

9.8
98%
84 Ratings
9.1
91%
138 Ratings

Excel-based Reporting

9.3
93%
84 Ratings
8.7
87%
124 Ratings

Automated board and financial reporting

8.3
83%
60 Ratings
8.3
83%
104 Ratings

XBRL support for regulatory filing

7.1
71%
3 Ratings
4.5
45%
2 Ratings

Analytics and Reporting

7.0

Planful

70%
7.5

Prophix

75%
Planful ranks higher in 3/6 features

Personalized dashboards

7.5
75%
43 Ratings
8.9
89%
112 Ratings

Color-coded scorecards

7.3
73%
24 Ratings
7.8
78%
82 Ratings

KPIs

7.7
77%
32 Ratings
7.5
75%
87 Ratings

Cost and profitability analysis

8.9
89%
34 Ratings
6.9
69%
91 Ratings

Key Performance Indicator setting

7.4
74%
25 Ratings
7.3
73%
73 Ratings

Benchmarking with external data

3.1
31%
8 Ratings
6.7
67%
47 Ratings

Integration

9.4

Planful

94%
8.2

Prophix

82%
Planful ranks higher in 3/3 features

Flat file integration

9.6
96%
57 Ratings
8.0
80%
108 Ratings

Excel data integration

9.9
99%
75 Ratings
8.4
84%
121 Ratings

Direct links to 3rd-party data sources

8.8
88%
52 Ratings
8.3
83%
101 Ratings

Attribute Ratings

  • Planful is rated higher in 1 area: Vendor pre-sale
  • Prophix is rated higher in 12 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Availability, Performance, Support Rating, In-Person Training, Online Training, Implementation Rating, Configurability, Product Scalability, Vendor post-sale

Likelihood to Recommend

8.7

Planful

87%
98 Ratings
8.9

Prophix

89%
166 Ratings

Likelihood to Renew

8.8

Planful

88%
15 Ratings
10.0

Prophix

100%
16 Ratings

Usability

8.0

Planful

80%
15 Ratings
8.7

Prophix

87%
38 Ratings

Availability

8.2

Planful

82%
6 Ratings
9.9

Prophix

99%
31 Ratings

Performance

7.7

Planful

77%
2 Ratings
9.1

Prophix

91%
31 Ratings

Support Rating

6.9

Planful

69%
21 Ratings
8.2

Prophix

82%
202 Ratings

In-Person Training

6.4

Planful

64%
2 Ratings
8.6

Prophix

86%
9 Ratings

Online Training

7.3

Planful

73%
1 Rating
8.2

Prophix

82%
10 Ratings

Implementation Rating

2.3

Planful

23%
12 Ratings
9.3

Prophix

93%
27 Ratings

Configurability

8.2

Planful

82%
2 Ratings
9.0

Prophix

90%
9 Ratings

Ease of integration

Planful

N/A
0 Ratings
8.1

Prophix

81%
21 Ratings

Product Scalability

8.2

Planful

82%
2 Ratings
8.6

Prophix

86%
18 Ratings

Vendor post-sale

8.2

Planful

82%
2 Ratings
8.9

Prophix

89%
16 Ratings

Vendor pre-sale

9.1

Planful

91%
1 Rating
9.0

Prophix

90%
15 Ratings

Likelihood to Recommend

Planful

A specific scenario where Planful is well suited when creating financial reports. Due to the customizable column and row sets that you can create you can look at P&L to at any level of detail you so chose. You can also manipulate what data you want to look at when creating reports by using the page parameters. With the page parameters you can select specific locations of your business, or specific sections of your business
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

Planful

  • Support: They assign a technical expert to your team, which we have used extensively. They are always very responsive.
  • The spotlight XL add-in is a great tool and has made reporting extremely efficient. So easy to update with changes in your data.
  • Continued enhancements in leading-edge technology - Ex. AI
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

Planful

  • User security control could be more centralized on the platform, where you may need to navigate to multiple screens to ensure the access granted is what it should be, depending on your system setup.
  • Dynamic planning (while certainly powerful and can help fulfill special use cases) does have more of a learning curve vs. other areas of Planful, especially if you are not using it frequently. That being said, Planful does have training and resources to help acquire that knowledge.
  • Out-of-the-box intercompany reporting in the consolidation module can be tricky depending on how balances are booked in local source systems. Building reports using the intercompany dimension can be challenging depending on your specific company (entity) structure, but it can be done with some testing and validation.
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

Planful

Starting Price

Editions & Modules

Planful editions and modules pricing
EditionModules
Host Analytics Planning1
Host Analytics Consolidation2
Host Analytics Modeling3

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Entry-level set up fee?

No setup fee

Additional Details

Contact Us

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

    Planful

    Our new Comptroller understands the value of Planful, and we plan to utilize it further in the organization to enhance external reporting. Strangely enough, Planful had not previously been embraced by the former CFO, who argued that we were running two sets of books (of course, we were not). Fortunately, the before mentioned reconciliation of EBITDA to Net Income demonstrated that to the banks.
    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

    Planful

    Planful is very easy to use for end users. The budget templates can be customized to meet the business needs. They just released business user experience functionality which you to take a complicated budget template and filter it down to meet departmental needs to avoid sending more lines than needed
    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

    Planful

    I only give a 9 rating rather than a 10 rating because it seems that every day around 2pm we see a slowdown in the use of Planful. I have requested our internal IT department verify that it is not an internal issue and have been assured it is the tool. We have not yet reached out to Planful to do extensive research to solve this issue.
    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

    Planful

    Again, the system is very reliable and, for the most part, runs very quick and smooth. When running larger queries, it does take some time, and during budgeting season our users experienced slower loading times, but nothing that raises concerns outside of normal network issues. Occasionally, as with any software we use, it will crash and you have to restart, but that does not happen very often.
    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

    Planful

    Sometimes we get great help when using Planful's support team and other times we don't. In particular, there is one person that often responds to our support tickets who is less than helpful, hence the reason for the 5 out of 10 rating. As a result, most of the time we reach out to our Planful consulting group as they provide faster and better support
    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

    Planful

    I have made a point to attend the Planful Perform conference and it, by far, offers so much more information than "other conferences". Planful does an amazing job including their customers (other users) in their conference to ensure their customers are getting the most out of the information provided. It is truly a wonderful LEARNING experience for their customers!
    Read full review

    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

    Planful

    A few years ago I participated in a lot of their online learning. Their references have grown over the years and continue to get better and better. We use it throughout the year to update the information we hold internally for documentation and to educate ourselves on all of the new release notes and features within Planful.
    Read full review

    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

    Planful

    After going through the initial implementation with Host Analytics and a re-implementation with Cervello (due to an ERP change, not due to a poor initial implementation), I've learned that you really must rely on your internal staff to bear most of the implementation burden. Use the vendor or partners for ideas and best-practice suggestions, and some of the easy-but-time-consuming work. Since you will ultimately be using and maintaining the application, you should be able to do most of it yourself.
    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

    Planful

    Planful is the first FP&A specific software I have used. However, the dashboard module can be compared to PowerBI as I use both - with regard to dashboards, PowerBI offers much more control and customization not only with data manipulation, but also with visualizations and formatting. Planful has a strong selection to visualize most needs, but there can be some complications and road blocks when trying to replicate and/or replace existing dashboards in PowerBI
    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

    Planful

    I give this rating simply because I have first-hand knowledge of the scalability of Planful when working across departments in our company that use different financial systems. We have one team on InEight and another using SAP. When we implemented it, we only customized the system to accommodate one of these financial platforms, but when we considered expanding the use of Planful to other departments, we were able to make the necessary adjustments to accommodate our needs.
    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

    Planful

    • Reduced time spent on producing reports. With Planful, this is quick and easy!
    • Reduced time spent on month-end closing cycles. Its powerful consolidation capabilities means that there is less dependence on slow legacy solutions & workarounds, we get our consolidated numbers much quicker with Planful.
    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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