Item: Prophix
Rating: 8
Author: Verified User

Use Cases and Deployment Scope

We currently use Prophix for Budgeting, financial reporting and forecasting. We use the workflow manager to allow many users to input budget data, and at this time about 25 users have access.

Pros and Cons

Financial Reporting
Forecasting
Aggregating data in logical ways

I would have like to see Prophix take one budgeted item and follow it through all the way to the Finance Cube during implementation to verify all processes worked. Everything was discussed in a hypothetical scenario rather than actual
Faster CSP availability
It would be nice to be able to edit data views in templates

Return on Investment

Streamlined budgeting
Timeline management
More accurate reports

Data Integration

Once the connection was established, we found it very easy to import from our ERP to Prophix.

Deployment

We use the cloud and appreciate the automatic updates.

Support Rating

We have the CRP package which we need as we get things up and running. We would like the response time to be faster but appreciate that we can schedule appointments.

Alternatives Considered

Our CFO chose this package and I was not there to evaluate any other options.

Great financial reporting. I think after we get our feet under ourselves it will be a great time saver. We are currently in the process of reviewing our model set up and hope to continue making improvements.

Great software - Still learning a lot

Overall Satisfaction with Prophix