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Prophix - Rich Features & Functionalities.
March 05, 2024

Prophix - Rich Features & Functionalities.

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

We use prophix in two different sub-departments, Project Controlling & IT Finance Expense Management. We manage our Resources, licenses & Services for our Run and Change Cost as well as Project Controlling where give access to Project managers to manage their project resources. This enable Opex team to report and analyze multiple expenses related to labor and non labor, FTE & Contractors and other aspects.
  • Run & Change Cost for IT Finance related to Labor & Non-Labor.
  • Project Resources and Program Management.
  • Opex Reporting & Analyzing.
  • We can utilize in other Departments to manage their forecast/planning.
  • Opex & Project Controlling sub-department.
  • Consolidated reporting for Opex & Project Controlling.
  • Workflow based Forecasting & Planning process.
  • Reporting and Analyzing to detail level.
Prophix should be used to get rid of Excel-based reporting/budgeting and planning, and utilize Prophix workflow to streamline and implement Excel free(managed in) budgeting and planning.

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 has a very diversified and detail-oriented Calculation Engine for Detail Planning(Project/Resource Planning, Personnel Planning, Expense/Capex Planning), Collaborative Planning & Forecasting with workflow. Consolidated Reporting for a Sub-Department, Department or Organization or even Enterprise covering multiple regions with elimination entries. Advance features such as Anomaly detection can be very excellent tool for.

Prophix Feature Ratings

9.8
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
9.3
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
10
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
9
Detailed Audit Trails
10
8.6
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
7
8.0
Personalized dashboards
9
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
7
9.3
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
8
6.5
Customizable dashboards
6
Report Formatting Templates
7
9.0
Drill-down analysis
10
Formatting capabilities
8
Report sharing and collaboration
9
8.0
Publish to PDF
10
Report Versioning
5
Report Delivery Scheduling
9
7.0
Predictive Analytics
7
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
9.0
Responsive Design for Web Access
9