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Rich's Review
March 29, 2024

Rich's Review

Richard Garth | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

Primary Planning (Budget/Forecast) tool and financial reporting suite for main and individual entities as well as contract status and WIP reporting
  • Affordable
  • Excel Plug in is very useful
  • Model manager provides great flexibility
  • Excel Plug in can be glitchy and does no always save changes back to the server
  • Excel Plug in can only be used for ad hoc reports; if this had template functionality, would be a significant improvement
  • Task log error messages are difficult to interpret
  • Detailed budget roll up with line items to understand what activates drive spend
  • Flexible reporting for changes in account hierarchy or structure
Less reliant on excel based tools

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

Well suited for annual budget and quarterly forecasting process. Template Studio provides flexibility to set up reporting based on the user's needs. Personnel (DPM) model is very detailed but we currently don't have functionality available to pull in actuals which makes analysis difficult.

Prophix Feature Ratings

7.3
Long-term financial planning
5
Financial budgeting
8
Forecasting
7
Scenario modeling
Not Rated
Management reporting
9
7.0
Minority Ownership
Not Rated
Local and consolidated reporting
7
8.3
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
8
6.0
Cost and profitability analysis
6
7.3
Flat file integration
7
Excel data integration
7
Direct links to 3rd-party data sources
8
BI Standard Reporting ()
Not Rated
7.0
Drill-down analysis
6
Formatting capabilities
7
Report sharing and collaboration
8
7.3
Publish to PDF
7
Report Versioning
8
Report Delivery Scheduling
7
6.0
Predictive Analytics
6
7.8
Multi-User Support (named login)
7
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
8
Mobile Capabilities ()
Not Rated