Item: Prophix
Rating: 10
Author: Verified User

Use Cases and Deployment Scope

Prophix is used mainly in our finance department at this time. It's used for monthly financials, board reporting, budgeting, personnel tracking, etc. We are planning to purchase more licenses to roll out to our sales group in the next month. Prophix has helped our company become much more efficient and allowed us to have more consistency of reporting. Ad hoc reports that would have taken a couple hours to do now take five minutes!

Pros and Cons

Ad hoc reporting: This has made a significant difference in the turn around time of reporting.
Budgeting: We were able to cut out 2 1/2 months of our budget cycle because of all of the efficiencies we gained from Prophix.

I would like to see the ability to view reports similar to an Excel file. Within Prophix, you cannot view a report with different tabs; however, you can create a report binder that will take several different reports and combine them into one as an exported file.
Sometimes I have wanted to be able to link one report to another, and you cannot do that in Prophix.

Return on Investment

Reduced budget cycle time
Consistency of reporting

Data Integration

Our company has integrated our MAS500 system with Prophix. We have not had any issues with the integration over the last year. I do frequently use flat files to upload data into Prophix from Paycor, for example. I also am able to take some internal reports that track stats that I now can upload into Prophix to help calculate KPIs.

Deployment

Our company chose the cloud. It is nice that they do the updates and I don't have to do anything! I really was focused on making sure that our IT group was informed and that it met the needs that they felt were important. Prophix was great about making sure they made our group comfortable with the decision they made.

Support Rating

I truly cannot say enough about the support you get through CSP. They are available for any questions you have. If they don't know the answer right off, they have always followed up with me until there was a solution or answer. I appreciate all the help and guidance they have provided me!

Alternatives Considered

Adaptive Insights and a Workday company

Prophix definitely has the cost vs benefit nailed down. Our decision really came down to which product would accomplish what we needed for the price point we were looking at. With Adaptive being purchased by Workday, there were so many unknowns. Prophix had such a great demo and the people were so friendly and attentive to answering all of our questions.

Likelihood to Recommend

Prophix has been great for ad hoc reporting, monthly reporting, board reporting, budgeting, etc. I am still in the process of exploring all that Prophix can do, but over the last year that our company has used Prophix, I can't recommend it enough! We had requests for data that would take two days to pull together. With Prophix, it would take maybe five minutes to gather all the data. The ability to drill across and view transaction level detail when I'm reviewing the monthly statements has been invaluable. I would spend so much time going back and forth between different platforms to try to look something up, and it takes no time to view the drill across detail.

Exactly what we needed!

Overall Satisfaction with Prophix