Another Review
Updated June 22, 2023

Another Review

Justin Wentz , MBA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

Within Prophix, we house all of our data within it. This includes Budget and Actuals. We pull reporting templates and analyze most of our information from Prophix. We use this information for Board Meeting Slide Decks, Analyze department to department trends, and many other report techniques. We store this information both at a product level and a business unit level too.

Pros

  • Easy use report building
  • Easy uploading data
  • Customer Service Quality

Cons

  • Drill Down on certain intersections
  • Statutory Ledger Building
  • Ability to go back in Ad Hoc Analysis
  • Great Actuals to Budget Analysis
  • Great analysis by Department
  • Great analysis by line of business
This is not applicable to us as an organization really. The most we use Prophix at this level is to pull prior actuals for them to get an idea of trends

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

N/A. Not involved in this process
Microsoft 365 (formerly Office 365), Oracle Access Management
Being able to build reports easily that you can use month to month is a huge advantage with Prophix. This makes out month to month report a lot easier, faster, and able to analyze the information a lot quicker. Within Ad Hoc analysis, if you drill down on a certain section, you do not have an option to return to the original report unless you saved it as a template which is less than desirable.

Prophix Feature Ratings

8.7
Long-term financial planning
Not Rated
Financial budgeting
8
Forecasting
8
Scenario modeling
Not Rated
Management reporting
10
9.3
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
8
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
Not Rated
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
9.2
Personalized dashboards
10
Color-coded scorecards
10
KPIs
9
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
Not Rated
9.0
Flat file integration
Not Rated
Excel data integration
9
Direct links to 3rd-party data sources
Not Rated
BI Standard Reporting ()
Not Rated
8.7
Drill-down analysis
9
Formatting capabilities
8
Report sharing and collaboration
9
9.0
Publish to PDF
Not Rated
Report Versioning
9
Report Delivery Scheduling
Not Rated
Not Rated
Predictive Analytics
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
9.0
Responsive Design for Web Access
9

Growing with Prophix

It has been very easy to work with prophix and what we want from our reporting standards. Because of their processes, we have been able to streamline our reporting which is key for analysis
We are using it for headcount analysis. We evaluate from year to year for growth, decline and things like that
I was not involved in that process during my time

Using Prophix

ProsCons
Like to use
Easy to use
Well integrated
Quick to learn
Feel confident using
Unnecessarily complex
Requires technical support
Inconsistent
Cumbersome
Lots to learn
  • Report building
  • N/A
Don't use mobile

Comments

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