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Thumbs up for Prophix!
Updated August 18, 2017

Thumbs up for Prophix!

Grady Bone, CPA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

Prophix is usually very quick to understand and solve any user need.
We use Prophix for a variety of forecasting, hierarchy and cost management and are very satisfied with the functionality. Recently, we have been very involved with implementing a dynamic calculation project through Prophix's DPM Module. The team was extremely helpful in all aspects of development, troubleshooting and providing solutions to our specialized needs. They took our tight deadlines as their own and worked with us daily to make sure that all of the technicalities were worked through and completed on time. This process has had dramatic effects on our overall process and we are extremely pleased with the results. It has been my pleasure to work with the highly professional experts at Prophix.
  • Working with many levels of detail.
  • Processes can take quite a bit of time (with large amounts of data).
  • Prophix makes life quite easy on our analysts and other users.
We have been able to successfully import and export data using a variety of methods - from direct SQL scripts to the process manager. Once designed these are straightforward and easy to use however they can be challenging to change.
I am not able to comment on deployment flexibility as I have not experienced a need for this flexibility.
  • N/A
Prophix was selected prior to my tenure.
Prophix can handle anything, but as the amount and complexity of data increases, Prophix becomes more challenging.

Prophix Feature Ratings

7.6
Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
7
Management reporting
7
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
7.0
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
7
Automated board and financial reporting
7
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
6.5
Flat file integration
Not Rated
Excel data integration
7
Direct links to 3rd-party data sources
6
BI Standard Reporting ()
Not Rated
Ad-hoc Reporting ()
Not Rated
Report Output and Scheduling ()
Not Rated
Data Discovery and Visualization ()
Not Rated
Access Control and Security ()
Not Rated
Mobile Capabilities ()
Not Rated

Using Prophix

There are many great things and it does the core things well, where we had challenges were when we tried to customize to much - the Prophix team is fully capable of doing so, but that is not always the right move and can cause problems down the road.
ProsCons
Like to use
Relatively simple
Easy to use
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Requires technical support
Lots to learn
  • Process Manger
  • Ad-hoc
  • Model Manager