Prophix "The Super CPM" tool
Updated September 14, 2020

Prophix "The Super CPM" tool

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

Overall Satisfaction with Prophix

Prophix, being a corporate performance management tool, comes in very handy and helps our organization on many fronts with financial reporting, budgets, & forecasting capabilities across the whole organization. It address and solves our monthly reporting requirements, our year budget consolidation, & collaboration efforts and assists with our forecasting adventures. It also helps us with better decision making.
  • Ease of Use
  • Flexibility
  • Easy to manage
  • Online community
  • Dashboards
  • Streamlined budgeting and planning
  • Streamlined Internal reporting
They are decent. We have a daily data import from our ERP to Prophix. Once set up, it's easy to manage and refresh.
It is quite important as that is the future. Currently, we don't use the cloud-based approach.
They answer back quickly and are available.
Ease of use and ease of control
Prophix is very good for internal financial reporting and bottom-up budgeting. It is not appropriate for changing forecasts with a lot of variables.

Prophix Feature Ratings

Long-term financial planning
3
Financial budgeting
10
Forecasting
6
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
10
Excel-based Reporting
2
Automated board and financial reporting
8
Personalized dashboards
1
Color-coded scorecards
1
KPIs
5
Cost and profitability analysis
10
Key Performance Indicator setting
1
Benchmarking with external data
Not Rated
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated

Using Prophix

Yes, it has eased the budgeting process and made it efficient.
40 - various functions across the entire organization.
4 - programmer
tech support
Financial Analysts