Prophix

Prophix Reviews

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Ratings and Reviews
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September 13, 2021

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Tom Samuelson | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
The performance was outstanding in the beginning but as our database has grown, the report loading has slowed down a bit. We are looking at migrating to the Cloud soon which should help the performance. In the mean time, Prophix offers a couple of processes that we need to run to improve performance.
March 29, 2021

Prophix 12 Review

William Van Hulzen | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
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.
Score 9 out of 10
Vetted Review
Verified User
Review Source
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.
Score 10 out of 10
Vetted Review
Verified User
Review Source
We have experienced good performance with Prophix. Some of the reporting we do is complex and in our legacy systems it would take a very long time to populate these reports. Our integration that ran from GP to Prophix was also very efficient. We had it scheduled to update daily and this never impacted our other systems performance.
Score 9 out of 10
Vetted Review
Verified User
Review Source
Increases in data do tend to make the system slower. We utilize cell comments frequently and this area in particular is very slow to load.

Prophix Scorecard Summary

Feature Scorecard Summary

Ad-hoc Reporting (3)
77%
7.7
Drill-down analysis (43)
81%
8.1
Formatting capabilities (42)
72%
7.2
Report sharing and collaboration (40)
79%
7.9
Report Output and Scheduling (3)
80%
8.0
Publish to PDF (37)
82%
8.2
Report Versioning (28)
77%
7.7
Report Delivery Scheduling (33)
81%
8.1
Data Discovery and Visualization (1)
71%
7.1
Predictive Analytics (15)
71%
7.1
Access Control and Security (3)
84%
8.4
Multi-User Support (named login) (38)
84%
8.4
Role-Based Security Model (39)
84%
8.4
Multiple Access Permission Levels (Create, Read, Delete) (41)
85%
8.5
Mobile Capabilities (1)
83%
8.3
Responsive Design for Web Access (20)
83%
8.3
Budgeting, Planning, and Forecasting (5)
78%
7.8
Long-term financial planning (118)
80%
8.0
Financial budgeting (138)
91%
9.1
Forecasting (132)
83%
8.3
Scenario modeling (113)
58%
5.8
Management reporting (138)
80%
8.0
Consolidation and Close (7)
73%
7.3
Financial data consolidation (96)
83%
8.3
Journal entries and reports (58)
73%
7.3
Multi-currency management (43)
69%
6.9
Intercompany Eliminations (51)
72%
7.2
Minority Ownership (21)
62%
6.2
Local and consolidated reporting (79)
82%
8.2
Detailed Audit Trails (63)
70%
7.0
Financial Reporting and Compliance (5)
75%
7.5
Financial Statement Reporting (123)
80%
8.0
Management Reporting (133)
83%
8.3
Excel-based Reporting (119)
83%
8.3
Automated board and financial reporting (101)
83%
8.3
XBRL support for regulatory filing (2)
45%
4.5
Analytics (6)
76%
7.6
Personalized dashboards (107)
89%
8.9
Color-coded scorecards (79)
64%
6.4
KPIs (84)
79%
7.9
Cost and profitability analysis (88)
74%
7.4
Key Performance Indicator setting (71)
76%
7.6
Benchmarking with external data (48)
75%
7.5
Integration (3)
76%
7.6
Flat file integration (105)
80%
8.0
Excel data integration (116)
79%
7.9
Direct links to 3rd-party data sources (97)
68%
6.8

What is 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

  • 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 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 software is the right balance of simplicity and depth of functionality, delivering a CPM solution that is easy, powerful and enables collaboration. Prophix provides a single, unified CPM solution for budgeting, planning, forecasting, reporting, and financial consolidation.Prophix Visual Analytics makes working with data easier and more intuitive for CPM users. With one click information access and structured visual data discovery users can easily see the value in their data.

Uncover powerful insights with stunning interactive charts and graphs
Accelerate the path to analysis
Quickly see data from various viewpoints and perspectives
Enable many users to interact and adjust data on-the-flyAd hoc analysis and templates with Prophix have search capabilities for quick analysis and template creation so that you can interrogate and navigate across multidimensional data to get to exactly what you need in just a few clicks.Workflows with Prophix provide a quick, interactive overview of the tasks you are responsible for, either as a direct owner, or something that you have to approve. Workflow allows you to filter and show you all the tasks that are in progress, past due or finished with a clean interface, showing you relevant, important items right away.

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.
Move beyond spreadsheets for budgeting with Prophix. Watch this short 1.5 minute overview about how Prophix will make your annual budget process more efficient.
In less than 2 minutes see how Prophix gives you the ability to tailor your 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 an error-free, dynamic, and intuitive environment, resulting in better decisions, made faster.
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 operational planning activities. Improving operational outcomes for the short-term and providing insights into your future operations.

Prophix Integrations

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

Prophix Competitors

Prophix Pricing

Prophix Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)5%
Enterprises (more than 500 employees)95%

Prophix Technical Details

Deployment TypesOn-premise, SaaS
Operating SystemsWindows, Mac
Mobile ApplicationMobile Web
Supported CountriesDenmark, United Kingdom, Germany, Brazil

Frequently Asked Questions

What is Prophix?

Phophix 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.

What is Prophix's best feature?

Reviewers rate Financial budgeting highest, with a score of 9.1.

Who uses Prophix?

The most common users of Prophix are from Mid-size Companies and the Hospital & Health Care industry.