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Prophix for Budget/Reporting
September 08, 2023

Prophix for Budget/Reporting

Laura Washburn | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

We use Prophix for budgeting and monthly board and management reporting. We have a financial reporting and a personnel cube currently created and transiting to a fixed asset cube.
  • Easy Board reporting build
  • Access to information quickly after daily interface
  • Budgeting at a management level
  • Waterfall graphs could use improvement
  • Building Word documents with all the reviews
  • Formatting could be expanded
  • Streamlined Personnel budgeting
  • Faster reporting for monthly packet
Yes, the line item detail it let's managers put in, is very helpful to go back and explain variances. The downfall is it does not export back out to excel very nicely.

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

I would highly recommend for reporting and budgeting based on how robust your monthly financial reports are. There is a learning curve on how to use Prophix, but it is basic. The dashboards are great for things being up to date and at your fingertips.

Prophix Feature Ratings

8.8
Long-term financial planning
8
Financial budgeting
10
Forecasting
7
Management reporting
10
9.6
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
10
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
7.3
Personalized dashboards
8
KPIs
7
Cost and profitability analysis
7
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
8.0
Flat file integration
Not Rated
Excel data integration
8
Direct links to 3rd-party data sources
8
BI Standard Reporting ()
Not Rated
7.7
Drill-down analysis
9
Formatting capabilities
6
Report sharing and collaboration
8
9.3
Publish to PDF
10
Report Versioning
8
Report Delivery Scheduling
10
8.0
Predictive Analytics
8
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Not Rated
Responsive Design for Web Access
Not Rated