Prophix Pricing

“There were two main factors in our decision:

• Prophix was significantly cheaper than TM1 in all ways, the cost for each user license, cost of implementation, and overall software... … Prophix has an affordable price tag for implementation, and the annual maintenance is very affordable.”

“faster month end close reports availability +50% time savings faster and more transparent and easier budget data entry process +25% time savings ability to update, prepare and report on monthly... …
Prophix system is very easy to use - from an end user perspective and from an admin perspective - made everyone lives easier during the budget and rolling forecast data entry process, and also...”

“Budget personnel Budget revenue Budget depreciation. … D365 lacked basic functionality to develop a budget.”

“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... … We now use Prophix for budget setting and for forecasting, this has reduced the amount of time taken to produce the reports for budget managers and has been a more inclusive process.”

“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... … Utilization of Prophix for budget development has allowed ONU to develop its budget in a decentralized fashion since its implementation.”

“But from our experience in our budget implementation, we have budget information that must be referenced to offline spreadsheet sources which is not a feature currently supported by Prophix if the...”

“The budget owners get reminders and the approvers receive an email when the budget owner has submitted their budget and it is ready for review.”

“We issue cost center managers a workflow that lets them know when they can enter the budget, submit the budget, and then workflow moves it to their manager, all without needing us to manually send...”

“The Customer Success package is well worth the price for new-to-Prophix organizations.”

“One year during budget season, a remove process was accidentally run that removed all of the budget data from our model, the same day that the final budget was due to corporate. … While the functionality is similar and sound, it's much more expensive and requires an extensive amount of IT involvement.

Additionally I have use Microsoft FRX, which was ok as a reporting...”

“For example, we wanted to be able to view: Prior Year Actuals, Prior Year Budget, Current Year Actuals and Current Year Budget all on one screen and have 5th row to enter next year budget.”