Overall Satisfaction with Prophix
We use Prophix to consolidate financial data from several locations each currently on different ERP systems. We heavily rely on Prophix for reports within their platform but also use their excel add-on (analyzer) to create custom reports in excel. It has been great! The reporting and functionality can be tailored to our exact needs. We also use their workflows and report binders to help guide out month-end close process and automatically send out reports.
- Consolidate trial balances with multiple currencies
- Dynamic reporting capabilities in Prophix and in excel
- Workflows and Report Binders
- Financial Planning with their Detail Personnel Manager and CAPEX modules
- Recommended dashboards
- Improve excel formulas; they can be difficult to remember what dimensions go where in the formula
- Faster month-end closes
- Easier to budget & forecast
We use to have a million tab excel file that consolidated trial balances, converted the currencies, and eliminated intercompany balances. It was prone to errors and was never correct. Prophix helped make those steps easy and we close the books with confidence now. I highly recommend.
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