Prophix
Top Rated
TRUE
Prophix
Overview
What is Prophix?
Prophix offers a Corporate Performance Management (CPM) software that enables budgeting, planning, and reporting. Prophix emphasizes the software’s ability to automate data management and reporting tasks.
Read moreRecent Reviews
How Prophix Differs From Its Competitors
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
View all 37 features- Management Reporting (146)9.191%
- Management reporting (151)8.989%
- Financial budgeting (153)8.888%
- Forecasting (146)8.888%
Reviewer Pros & Cons
View all pros & consVideo Reviews
Leaving a video review helps other professionals like you evaluate products. Be the first one in your network to record a review of Prophix, and make your voice heard!
Pricing
View all pricingEntry-level set up fee?
- Setup fee optional
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
Would you like us to let the vendor know that you want pricing?
56 people want pricing too
Alternatives Pricing
Features
Return to navigation
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Prophix?
To empower mid-market companies to achieve their goals, Prophix provides an integrated, cloud-based platform to the Office of Finance; one that delivers planning, budgeting, reporting, forecasting and consolidation solutions. Prophix helps finance leaders improve profitability and minimize risk and puts the focus back on uncovering business opportunities. Prophix supports the future by adapting to meet companies' strategic realities, today and tomorrow. The solution boasts over 2,500 active customers currently around the globe.
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
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
- Supported: Benchmarking with external data
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
Ad-hoc Reporting Features
- Supported: Drill-down analysis
- Supported: Formatting capabilities
- Supported: Report sharing and collaboration
Report Output and Scheduling Features
- Supported: Publish to PDF
- Supported: Report Versioning
- Supported: Report Delivery Scheduling
Data Discovery and Visualization Features
- Supported: Predictive Analytics
- Supported: Support for Machine Learning models
Access Control and Security Features
- Supported: Multi-User Support (named login)
- Supported: Role-Based Security Model
- Supported: Multiple Access Permission Levels (Create, Read, Delete)
- Supported: Report-Level Access Control
Mobile Capabilities Features
- Supported: Responsive Design for Web Access
Additional Features
- Supported: Profitability Analysis
- Supported: Personnel Planning
- Supported: Sales & Revenue Planning
- Supported: Cash Flow Planning
- Supported: Cross Company Planning
- Supported: CapEx Planning
- Supported: Reporting
- Supported: Project Planning
- Supported: Scenario Planning
- Supported: Financial Consolidation & Close
- Supported: Anomaly Detection
- Supported: AI (Artificial Intelligence)
- Supported: Visual Analytics
Prophix Screenshots
Prophix Videos
Prophix develops Corporate Performance Management (CPM) software that integrates financial budgeting, planning, reporting, forecasting, consolidation, analytics, scorecards and dashboards in a single, unified application budgeting software tool.
In less than 2 minutes see how Prophix offers the ability to tailor financial statements and management reports so that information is delivered in a way that’s both insightful and meaningful. Prophix provides structure reports around business requirements in a dynamic environment.
A short 1.5 minute overview about how Prophix gives a clear picture of operational costs and connects them with key factors that drives revenue. That increased line-of-sight is made possible because Prophix tracks and monitors all day-to-day operational planning activities. Im...
Show More See a short 1.5 minute overview about how Prophix gives you a clear picture of all your operational costs and connects them with key factors that are driving your revenues. That increased line-of-sight is made possible because Prophix tracks and monitors all day-to-day operati...
Show More Prophix Competitors
Prophix Technical Details
Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Windows, Mac |
Mobile Application | Mobile Web |
Supported Countries | Denmark, United Kingdom, Germany, Brazil |
Frequently Asked Questions
Prophix offers a Corporate Performance Management (CPM) software that enables budgeting, planning, and reporting. Prophix emphasizes the software’s ability to automate data management and reporting tasks.
Workday Adaptive Planning, Vena, and Wolters Kluwer CCH® Tagetik are common alternatives for Prophix.
Reviewers rate Financial data consolidation highest, with a score of 9.3.
The most common users of Prophix are from Mid-sized Companies (51-1,000 employees).
Prophix Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 0% |
Mid-Size Companies (51-500 employees) | 5% |
Enterprises (more than 500 employees) | 95% |
Comparisons
View all alternativesCompare with
Reviews and Ratings
(234)
Attribute Ratings
Reviews
(1-16 of 16)- Popular Filters
Companies can't remove reviews or game the system. Here's why
March 24, 2021
Prophix use in a Real Estate Development Company
February 01, 2019
Prophix Review from a Consultant
July 18, 2018
Prophix in a nutshell
Score 8 out of 10
Vetted Review
Verified User
August 18, 2017
One click to Reporting
January 23, 2016
Prophix brings Power to the User
September 30, 2015
Prophix - To buy or not to buy, that is the question!
September 23, 2015
An affordable, customizable and effective CPM Tool!
Score 9 out of 10
Vetted Review
Verified User
Score 10 out of 10
Vetted Review
Verified User
December 01, 2014
Prophix - Make your users self-service
Score 10 out of 10
Vetted Review
Verified User
July 28, 2014
Hooked on Prophix worked for me.
July 25, 2014
Top Tier Tool for Budgeting and Forecasting
July 25, 2014
One user's experience with Prophix
July 22, 2014