Moving forward with Prophix
February 01, 2024

Moving forward with Prophix

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

Overall Satisfaction with Prophix

Prophix has been a key part of our company's monthly reporting through the efficiency gains and ease of use of the software. Our team now has the capabilities to review operating expenses on a daily basis and make the operational changes if necessary to achieve our financial goals and milestones. Also, the additional flexibility of budgeting and forecasting within Prophix has moved forward our analytics by light years. These advancements give our Management team the best possible decision-making tools to navigate our business through any challenging situation.
  • Forecasting
  • End User Reporting
  • Budgeting
  • Price points
  • Import functionality
  • Template Updates
  • quicker monthly reporting
  • increase expense reporting
  • faster budget model processing
The analyzer tools with Excel has increased the number of individuals who use Prophix within our company. These add in's help our board reporting and SEC teams gain access to company results quickly and efficiently. These data views allow our teams to have a consistent format each reporting period to help turnaround times.

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

Our company has had great experience with Prophix in regards to our budget process and model. We are looking to expand those capabilites. Each year within our budget cycle, we are able to provide additional detailed information with regards to our budget assumptions and gain more insight in how to achieve our companies financial goals.

Prophix Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
Flat file integration
10
Direct links to 3rd-party data sources
10
Report Formatting Templates
10
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
Publish to PDF
10
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10