Prophix is Excellence
Updated June 17, 2025

Prophix is Excellence

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

Overall Satisfaction with Prophix

Prophix has made budgeting and forecasting so much easier for the organization. Monthly budgeting is allowing the organization to have relevant cash flow analysis. The dynamic dimensions of Prophix allow the organization to report at levels that was not before easily attainable. The results let the organization make decisions in real time with real data.

Pros

  • Reporting
  • Personnel Management
  • FP&A

Cons

  • Allowing formulas in templates
  • Allows for funded/unfunded analysis
  • Saves hours of work with reporting
  • Personnel planning allows for more accurate budgeting
Our organization was using a sequel Access database for budgeting. There were not enough version for the budget in this tool. Reports were standard and difficult to reformat in Excel. Cross fiscal year reporting is now a snap as selecting units of time makes reporting so much easier. There is far more accuracy in Prophix and the software is user friendly.
Prophix was the clear choice when evaluating multiple software applications. The concept of dimensions in Prophix allows the organization to generate reports of any kind and there is no request for a report that we have not been able to create. Having direct budget entry into the system is so much easier than an Excel upload. There is no need to worry about what version of Excel you are running. Prophix offers a Continuous Success Package and each client has a partner.

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 been helpful to the organization in every way when it comes to FP&A. Before, the verbiage drove the budget, now the numbers drive the conversation. Prophix allows the organization to make decisions in real time regarding a program's valuation. Having personnel costs calculate automatically is extremely helpful to ensure that we forecasting the correct numbers.

Prophix Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
10.0
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
10
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
10.0
Personalized dashboards
10
Color-coded scorecards
Not Rated
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
Not Rated
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
10.0
Pixel Perfect reports
Not Rated
Customizable dashboards
10
Report Formatting Templates
10
10.0
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
10.0
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Not Rated
Predictive Analytics
Not Rated
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
10.0
Responsive Design for Web Access
10

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