Prophix is a very user-friendly tool that your business will find invaluable.
August 14, 2017

Prophix is a very user-friendly tool that your business will find invaluable.

Rob Mulrooney | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

Prophix has always been very responsive.
It is used across the entire organization. It is used for both financial reporting and operational reporting. It feeds our metrics software. It is used for doing annual budgets and quarterly forecasts.
  • Producing monthly financial reports, i.e. expense reports.
  • Software used for company's budgeting process.
  • Storing and reporting operational data.
  • Metrics and dash boarding.
  • Automation, e.g. it does not publish to SharePoint in the Cloud.
  • Streamlined monthly reporting.
  • Effective budget process.
  • Solid repository of multiple years worth of financial and operational data, which is used with external metrics software.
We have a legacy antiquated ERP system that does not work well with other systems, so despite attempts we don't have ODBC connectors with Prophix. But we are migrating to a Microsoft platform using Dynamics and Great Plains, which we believe will allow Prophix to import data much easier.
We are migrating most of our systems to the cloud so it is important. Currently, we are using Prophix 100% on premise.
Prophix was here when I began my employment here, so other alternatives were not seriously considered. Going forward we may consider Power BI, but we still need Prophix for budgeting. We may consider Management Reporter or its replacement, but we have not researched this as of yet.
Well suited for standardized reporting, both financial and operational. Well suited for annual budgets and regular forecasts. Good for financial analysis. Good as a data warehouse.

Prophix Feature Ratings

Long-term financial planning
9
Financial budgeting
10
Forecasting
10
Management reporting
9
Financial data consolidation
8
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
Direct links to 3rd-party data sources
8