Prophix Reviews

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
191 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.7 out of 100

Do you work for this company? Learn how we help vendors

TrustRadius Top Rated for 2020

Overall Rating

Reviewer's Company Size

Last Updated

By Topic

Industry

Department

Experience

Job Type

Role

Filtered By:

Reviews (1-13 of 13)

Companies can't remove reviews or game the system. Here's why.
Narine Chalumyan MBA | TrustRadius Reviewer
October 02, 2020

Prophix User for Budget Purposes

Score 8 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

1
Since company's IT department was not part of the implementation and it was done only by an executive assistant who did not have extensive knowledge about finance and accounting it was done VERY Poorly and haphazardly. Nothing was done properly and it was not planned correctly. It worked for short term but after 2 years we had to re-do all the cubes and it was very hard to fix and correct things
Read Narine Chalumyan MBA's full review
Tom Samuelson | TrustRadius Reviewer
September 16, 2020

Our One Source Of Truth

Score 10 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

10
Our trainer did a nice job of showing us how to complete the tasks required for implementation, being there for questions and making suggestions on implementation based on her previous experience (i. best practices).
Read Tom Samuelson's full review
William Van Hulzen | TrustRadius Reviewer
July 25, 2018

Prophix 12 Review

Score 8 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

8
Know your requirements. Make sure you are on the same page as your consultant with cost and expected return. Know how much training will be involved and plan for it both in time and $. The implementation will be the responsibility of management, don't expect the consultant to do everything!
Read William Van Hulzen's full review
Angela Barta | TrustRadius Reviewer
July 18, 2018

Prophix in a nutshell

Score 9 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

10
There were no issue with the implementation. Because we did the implantation in phases, we quickly figured out that we knew more than the consultant after they came out the 3rd time.
Read Angela Barta's full review
Carl Evans | TrustRadius Reviewer
January 23, 2016

Prophix brings Power to the User

Score 8 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

8
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 Carl Evans's full review
Steve Anderson | TrustRadius Reviewer
September 22, 2015

An affordable, customizable and effective CPM Tool!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Implementation Rating

9
Make sure you have a good thought process for a well laid out general ledger structure. Prophix works like a powerful pivot table, so having data that can be analyzed well in that format will allow for much more useful reports. The implementation team will do what you request, but take the opportunity to review your data structure as you begin implementation.
Read Steve Anderson's full review

Feature Scorecard Summary

Drill-down analysis (17)
8.5
Formatting capabilities (16)
6.9
Report sharing and collaboration (15)
7.8
Publish to PDF (15)
8.1
Report Versioning (12)
7.4
Report Delivery Scheduling (11)
7.9
Predictive Analytics (8)
6.5
Multi-User Support (named login) (13)
8.7
Role-Based Security Model (13)
8.5
Multiple Access Permission Levels (Create, Read, Delete) (15)
8.5
Responsive Design for Web Access (7)
8.4
Long-term financial planning (98)
8.3
Financial budgeting (117)
8.7
Forecasting (111)
8.3
Scenario modeling (96)
8.2
Management reporting (118)
9.4
Financial data consolidation (80)
8.4
Journal entries and reports (49)
7.6
Multi-currency management (36)
6.9
Intercompany Eliminations (42)
7.2
Minority Ownership (15)
6.9
Local and consolidated reporting (66)
8.5
Detailed Audit Trails (52)
7.3
Financial Statement Reporting (102)
9.3
Management Reporting (114)
9.1
Excel-based Reporting (101)
7.8
Automated board and financial reporting (86)
8.2
XBRL support for regulatory filing (2)
4.5
Personalized dashboards (89)
9.0
Color-coded scorecards (68)
7.0
KPIs (69)
7.6
Cost and profitability analysis (76)
8.2
Key Performance Indicator setting (59)
7.5
Benchmarking with external data (38)
7.6
Flat file integration (88)
9.0
Excel data integration (98)
7.9
Direct links to 3rd-party data sources (81)
9.3

About Prophix

Prophix’s Corporate Performance Management (CPM) software promises to help users achieve goals more successfully.

Key capabilities and benefits include:

  • Improve profitability and minimize risk when you automate repetitive tasks and focus on what matters.
  • Budget, plan, consolidate and report automatically.

Whether in the cloud or on-premise, Prophix promises to support the user's future with a platform that flexes to suit strategic realities, today and tomorrow. For more information, visit www.prophix.com.

Prophix Features

Budgeting, Planning, and Forecasting Features

Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting

Consolidation and Close Features

Has featureFinancial data consolidation
Has featureJournal entries and reports
Has featureMulti-currency management
Has featureIntercompany Eliminations
Has featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails

Financial Reporting and Compliance Features

Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Has featureAutomated board and financial reporting

Analytics Features

Has featurePersonalized dashboards
Has featureColor-coded scorecards
Has featureKPIs
Has featureCost and profitability analysis
Has featureKey Performance Indicator setting
Has featureBenchmarking with external data

Integration Features

Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources

Ad-hoc Reporting Features

Has featureDrill-down analysis
Has featureFormatting capabilities
Has featureReport sharing and collaboration

Report Output and Scheduling Features

Has featurePublish to PDF
Has featureReport Versioning
Has featureReport Delivery Scheduling

Data Discovery and Visualization Features

Has featurePredictive Analytics
Has featureSupport for Machine Learning models

Access Control and Security Features

Has featureMulti-User Support (named login)
Has featureRole-Based Security Model
Has featureMultiple Access Permission Levels (Create, Read, Delete)
Has featureReport-Level Access Control

Mobile Capabilities Features

Has featureResponsive Design for Web Access
Additional Features
Has featureProfitability Analysis
Has featurePersonnel Planning
Has featureSales & Revenue Planning
Has featureCash Flow Planning
Has featureCross Company Planning
Has featureCapEx Planning
Has featureReporting
Has featureProject Planning
Has featureScenario Planning
Has featureFinancial Consolidation & Close
Has featureAnomaly Detection
Has featureAI (Artificial Intelligence)
Has featureVisual Analytics

Prophix Screenshots

Prophix Videos (4)

Prophix Integrations

Direct links to 3rd-party data sources, Any ERP including Microsoft Dynamics, Sage, Epicor, Maccola

Prophix Competitors

Prophix Pricing

  • Has featureFree Trial Available?Yes
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?Optional

Prophix Customer Size Distribution

Consumers
0%
Small Businesses (1-50 employees)
0%
Mid-Size Companies (51-500 employees)
5%
Enterprises (> 500 employees)
95%

Prophix Support Options

 Paid Version
Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar

Prophix Technical Details

Deployment Types:On-premise, SaaS
Operating Systems: Windows, Mac
Mobile Application:Mobile Web
Supported Countries:Denmark, United Kingdom, Germany, Brazil