Prophix Delivers Great Value, Functionality and Customer Service! They Care About their Customers.
April 01, 2021

Prophix Delivers Great Value, Functionality and Customer Service! They Care About their Customers.

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

Overall Satisfaction with Prophix

We use Prophix for our company level reporting and planning as well as department reporting.
  • Automating processes.
  • Flexibility of design. You can easily make changes.
  • Efficiency. It save lots of time.
  • Designing reports could be more streamlined
  • It could run faster
  • Capacity to scale can be an issue
  • Decreased the time to close the monthly reporting by 3 days
  • Increased the accuracy of our reporting
  • Increased the ability to generate more robust reports for our various managers
It has completely solved this issue for us. We were able to convert from our Excel-based reporting, forecasting and budgeting model and no longer have to maintain that file. We were able to reduce our need to maintain multiple data files and account mappings.

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?

Yes

Did implementation of Prophix go as expected?

Yes

Would you buy Prophix again?

Yes

Workday Adaptive Planning had some excellent looking features such as report design and processing speed and efficiency. Fiserv Prologue really excels at providing banking specific functionality built-in. We ultimately felt the Prophix provides the best blend of the other two's strengths and did so with a great value for the price and excellent customer service through sales, product, marketing and integration.
Prophix works well for companies that want flexibility but also want to build standardized, efficient processes. It does great for management reporting, forecasting and budgeting. If you have a lot of data elements (number of fields and number of data items), it can reach some capacity issues.

Prophix Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
7
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
8
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
8
Automated board and financial reporting
9
Personalized dashboards
8
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
8
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
10
Drill-down analysis
10
Formatting capabilities
8
Report sharing and collaboration
9
Publish to PDF
10
Report Versioning
Not Rated
Report Delivery Scheduling
10
Predictive Analytics
Not Rated
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Responsive Design for Web Access
Not Rated