Prophix Review
April 17, 2019

Prophix Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

The current state is primarily used by finance departments, and future state will be used by accounting and development departments.
  • Flexibility. Prophix is flexible in data sources and combining those sources for unique reporting and analysis
  • Scalability. Able to process large volumes of data at scale
  • Able to calculate projections based on very detailed items
  • Implementation can be difficult initially since the product is so flexible
  • Ongoing development can be labor intensive as well and difficult to do without hiring support
  • Consolidation of hundreds of individual budgets into various roll up categories.
  • Increased awareness by end users of financial impacts.
Implementation of data imports can be costly and time consuming but once developed, efficiencies are realized.
We currently use on-premise deployment.
Support is readily available.
Prophix is well suited for flexibility in reporting financial and non-financial metrics.

Prophix Feature Ratings

Long-term financial planning
6
Financial budgeting
7
Forecasting
6
Scenario modeling
5
Management reporting
8
Financial data consolidation
10
Journal entries and reports
7
Multi-currency management
7
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
5
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
Not Rated
Automated board and financial reporting
5
Personalized dashboards
8
Color-coded scorecards
6
KPIs
Not Rated
Cost and profitability analysis
9
Key Performance Indicator setting
Not Rated
Benchmarking with external data
7
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9