Prophix New User
Updated January 04, 2022

Prophix New User

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

Overall Satisfaction with Prophix

Prophix is being used by the finance department. It is used for budgeting, monthly financial statements, analyses and reporting as needed throughout the organization.
  • Organizes data quickly
  • Accurately displays data
  • Makes data manageable
  • Not all areas of our GL can be imported
  • Naming of the data sets is hard to grasp
  • Annual budgeting is made easier
  • Financial statement disbursement is faster
  • Returns on Ad-Hoc information is quick
Rather than multiple tabs and spreadsheets, prophix has helped us consolidate our information. We are able to only send relevant information to the directors, which is easily accomplished. Dashboards can be updated for quick access to specific users.

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?

I wasn't involved with the selection/purchase process

Did implementation of Prophix go as expected?

Yes

Would you buy Prophix again?

Yes

Prophix is clean, it's nice to see data with clear fonts, brightly colored. Gone are the days of ledger paper.
Prophix makes data manageable. The drill across feature is great for seeing detailed transactions quickly. Dashboards make files easily accessible rather than combing through files of where you think it might be.

Prophix Feature Ratings

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

Growing with Prophix

Change is good. It's hard to move beyond our comfort zone and explore new territory. Prophix is user friendly, and honestly can be frustrating at times to find files or manipulate data. The more you use it, the more comfortable you become.
Off hand none come to mind, we use it for payroll reporting, hourly employee inquiries, employee management, and the list goes on.
I was not involved in the process.

Using Prophix

We use line item details during budget. It's a great resource to look back and remember what was budgeted for.
We use report binders to distribute reports on a monthly basis to senior management.
25 - The CFO, Program Directors, and Program Accountants all have opportunity to receive and review information in Prophix.
We utilize Prophix Support as needed.

Integrating Prophix

Just some inconveniences when importing, having to upload a new file ever time. When we previously used data connectors we could just save the new data and it would automatically upload. Extra steps to be taken seem to waste some time.
  • Great Plains
I was not involved in the integration.
  • File import/export
We had a great team within our organization and from Prophix as well. We had communication on a weekly basis with meetings.

Using Prophix

ProsCons
Like to use
Well integrated
Consistent
Lots to learn
I find report building difficult, but they do offer many training course through prophix academy and also a support system.

Prophix Reliability

We use this software for budgeting, leases, and volume reports.
I've had no issues with Prophix's availablity.
We had some issues with reports loading slowly, but were able to work through with prophix.

Relationship with Prophix Software

I was not involved in this process.
I've had no trouble contacting support.
I was not involved in this process.
I was not involved in the process.

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
I was having an issue with report building and was able to reach out to Prophix for support/help and they were able to walk me through the issue I was having.
Prophix support is readily available and a solution provided timely.

Prophix Training

We used our system and created a test cube to work with our own data. We ran through the different functions of Prophix and covered alot of material. We did two sessions a week, with homework tasks assigned. We were able to ask questions and cover any questions during the followup sessions.

Upgrading Prophix

Yes - We upgraded to the cloud, and were able to run both systems simultaneously.

Evaluating Prophix and Competitors

Yes - I'm sure it did, but I was not here prior to prophix.
  • Product Features
I was not involved in the process.
I was not involved in the process.

Prophix Implementation

Configuring Prophix

Unsure, out of my scope of work.
Unsure, beyond my scope of work.