Love Prophix
January 25, 2022

Love Prophix

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

Overall Satisfaction with Prophix

We use Prophix to produce our monthly and yearly financial statements. Our completed ad-hoc reports can include as much or as little data as we need for different districts, buildings, or states. We also use Prophix to complete our yearly budgeting process across the company.
  • Month End Financial Statement Binders
  • Budgeting
  • Ad Hoc reporting
  • More detailed error messages
  • Saves time on month end close and year end close
  • Saves time on creating reports
  • Saves time on budgeting and gets more people involved
We have not used Microsoft Excel for budgeting yet but this year will be the first year we do so. Our employees out in the field are looking forward to it!

Do you think Prophix delivers good value for the price?

Not sure

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

We love the financial statement binders because we can tailor them to meet our needs. For example, we can input an income statement by state and/or district and consolidated it to include the whole company. We can do the same for balance sheets, cash flow statements, and trial balances. Prophix gives us a clear view of the company from all angles.

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
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
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
10
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
Not Rated
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
10