Easy to Administer
Updated February 28, 2022

Easy to Administer

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Prophix

Used as data aggregation & reporting tool. We're utilizing this to export Multi-tab workbooks & provide reporting to executive level staff. This tool allows us to very flexibly change the Chart of Accounts, add new entities and quickly report and find outliers in the month-end closing process
  • Ease of use
  • Takes KPI Dashboarding to a new level
  • Simple to administer
  • Interface adjustments & configuration
  • Dashboards need more configuration for Charting
  • Simplified reporting packages
  • Standardized Monthly report templates
  • Transparency with formulas in distributed templates is HUGE!
It's added lots of flexibility in creating models & organizing our workforce for keeping track of where we are in the month end close process and planning cycle. The monthly planning cycles are much easier to close and ensure all formulas are accurate & consistent
We import data from 10 different sources, easily. The flat files let us provide non-standard data feeds from various places (HR, Operations teams). The direct SQL lets us query simply & efficiently. Excel Imports let us bring data in from all the other places we need. The scheduler work great, and has many flexible features. Would love to be able to just right click & re-run a process - but it's not too difficult to open the original file & run it on demand.
This is not important at all. We prefer to have our financial information deployed private network with no external cloud access.

Do you think Prophix delivers good value for the price?

Yes

Are you happy with Prophix's feature set?

Yes

Did Prophix live up to sales and marketing promises?

Yes

Did implementation of Prophix go as expected?

Yes

Would you buy Prophix again?

Yes

Hyperion planning lacked the ease of administration -and moreover was even more complicated for end-users to work with. Prophix alleviates that complication - by making the administration easy - and ease of use for end-users even easier!
Oracle Business Intelligence Discoverer (discontinued), Oracle Analytics Cloud, Microsoft 365 (formerly Office 365)
Prophix is terrific consolidation application. If you need to source data from multiple places - you can do it very easily with no other tools using the Process Manager.

Prophix Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
7
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
8
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
8
Automated board and financial reporting
10
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
Publish to PDF
10
Report Delivery Scheduling
10
Predictive Analytics
10
Multi-User Support (named login)
9
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Responsive Design for Web Access
10

Growing with Prophix

Consolidating P&L from three different source Accounting systems.
We had one go down due to corrupted backup and were able to close the month using a manual upload with existing template in a matter of hours

We use Prophix to review key FTE targets + actuals

Using Prophix

The Cell comments are tremendously helpful - we use them for monthly reviews of each client + team performance.
Importing data from our other EDW systems to create productivity measures help quantify changes in financial performance
We utilize the report binders to deliver timely reporting, and drill through to help aide the month end close process
39 - Data Analyst, FP&A - Accounting & Finance as well as CFO
2 - There are two of us that share Prophix support, and ETL for data harvesting. Because Prophix is so easy to use - out monthly maintenance works out to about 4 hours.

Integrating Prophix

So very easy to implement new data feeds or load / reload information
  • MS SQL Server
  • Oracle Business Intelligence
Data is sent via templates to be harvested into our other Business Warehouse to report performance KPI alongside Productivity measures. The Classification dimensions in Prophix are used as sources for some dimensions in our other business systems
  • SAP BI Hana
Yes - we know that this is done with other support teams, but we just haven't tried to execute on this yet.
  • File import/export
  • ETL tools
Buy the product it's very easy to use.

Using Prophix

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Familiar
None
  • Importing from Excel is tremendously Easy
  • Creating & distributing reporting templates
  • Managing permissions is a breeze
Prophix web interface is so tremendously easy to use, especially compared to some of the competition. Interfaces are laid out in a very intuitive manner.

Prophix Reliability

so easy to customize and flexibly implement changes.
I built a totally new revised Income statement cube and populated it under 3 hours!
We have 99.9999 uptime with our on-premise box. It's great.
prophix uses well managed underlying technology - it works great. very robust

Relationship with Prophix Software

Prophix Support

ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
Quick Initial Response
None
We just have the regular support plan - and it's terrific!
Yes - Yes - and they took great care to ensure I was notified when it was updated / patched in the next release. Prophix Support & development realize that the tool is for the users - and that they work very hard to include everyones feedback.
Everytime we connect with them- they're friendly, concise and extremely professional
Have had many interactions with the support team,they are quick to response and very professional. Very easy to engage in conversation, but efficient in resolutions.

Prophix Training

  • Online training
  • in-person training
Fantastic! Attended two Prophix user conferences in person - and took many training sessions all excellent content & delivery
it was great. Tanweer Rohilla was excellent

Upgrading Prophix

Yes - the directions provided with each release are clear & concise. using MS base layer products makes it easy to back-up, restore & ensure the products upgrade easily.
  • Easy to manage
  • Quick downtime
  • Quick support if issues.
  • New Features
  • Bug Fixes
  • Great GUI Changes
Yes - considering moving to the cloud to take advantage of the AWS network.

Configuring Prophix

The Prophix model is waiting for you to completely customize it - there is no boundary for what you can develop
Don't make your model too granular!
No - we have not done any customization to the interface
No - we have not done any custom code