Prophix is the way to go, stop looking!
Updated July 21, 2023

Prophix is the way to go, stop looking!

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

Overall Satisfaction with Prophix

Prophix is used within our organization as a consolidation and budgeting software solution. It does both of these very well. We found it difficult to find a software solution that addressed our needs and was user-friendly until we found Prophix.

Pros

  • Budgeting
  • Forecasting
  • Consolidation
  • Reporting
  • Dashboards

Cons

  • More Chart options
  • Streamlined Budgeting
  • Streamlined Forecasting
  • Decreased time spent consolidating
With our first-year budgeting completed in Prophix, we are starting to see employees buy into the reliability of the software. Users are starting to move away from excel and asking for reporting to be made in Prophix. This is helping with planning and budgeting ensuring fewer human error mistakes that were often seen on excel spreadsheets.

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

Prophix is a huge step above the rest. The implementation process took less than 3 months compared to others that took 6-12 months. The learning curve with Prophix is so easy that almost everyone catches on right away. Just cannot say enough good things about this aspect of the software.
Infor CloudSuite Industrial (SyteLine), Infor Dynamic Enterprise Performance Management (Infor d/EPM)
Prophix is very good at forecasting, the ease of use is unmatched. It is also very good at reporting. Building reports in Prophix is very user-friendly and easy to learn.

Prophix Feature Ratings

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

Growing with Prophix

Setting up dashboards and getting buy in from others in the organization has proved to be extremely beneficial to the company. Most log in every morning now to review their financial position with real time data. Prophix has helped us to become better prepared to make financial decisions.
We have set up data entry templates within Prophix to help track head counts within the company. Of course this also allows us to do some financial analysis in comparison to head count.
The experience from day one with Prophix was great. From implementation until now has been great for our company. We get better everyday with Prophix.

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