Prophix is simply AMAZING
April 04, 2024

Prophix is simply AMAZING

Amanda Sabido, MBA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

We have implemented Prophix just over the past 6-7 months. We are using the platform for financial reporting, budgeting, WIP (construction) reporting and people planning. We are looking forward to be able to get rid of all excel processes within our business and do account reconciliations in the platform as well.
  • User Friendly Platform
  • Great Customer Service
  • Security Features
  • Template Studio - Building from scratch
  • Data Integration
  • Excel features - not all available in Prophix
  • Positive - Workflow of Annual Budget Process - Approvals more efficient
  • Positive - Steamlined Monthly Financial Reporting
  • Negative - The formatting of monthly financial reporting
We have transition all of our budget and planning excel sheets into Prophix as of this year. We are looking forward to transition our excel based workpapers to Prophix which will fully allow our organization to get away from excel reporting. We also are looking to move our job reporting out of excel and into Prophix.
Prophix is 10 steps ahead of Spectrum. They are very different though. Spectrum is our ERP - while Prophix is a very useful and needed add on.

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 is relatively easy to use! The customer service is top notch and the capabilities are endless. We have struggled with template creation and the overall switch from excel to a platform. The learning resources are great to have but would love to have easier use of the cube features.

Prophix Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
5
Management reporting
10
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Detailed Audit Trails
8
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
5
XBRL support for regulatory filing
5
Personalized dashboards
7
Color-coded scorecards
5
KPIs
5
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
9
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Customizable dashboards
5
Report Formatting Templates
2
Drill-down analysis
10
Formatting capabilities
4
Report sharing and collaboration
7
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Predictive Analytics
6
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Responsive Design for Web Access
10