Prophix
June 23, 2025

Prophix

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

Overall Satisfaction with Prophix

Monthly & YTD Variance Analysis. Prophix allows up to create and automate reports so that department leaders are able to fully understand what there expenses are for the month end close process. We are also able to streamline the yearly budget entering process in a easy to follow way that the Prophix software provides all users.

Pros

  • Dashboarding
  • Data Entry
  • Reporting

Cons

  • Line-Item Reporting
  • Sandbox Environment
  • Streamline Budget Process
  • Self-reliant on pulling monthly reports
Prophix has allowed us to implement a ZBB method where all budget owners are responsible for entering and noting any discrepancies within their budget. It makes it easier for us to keep track of any major changes with the line-item feature by making notes etc.

Do you think Prophix delivers good value for the price?

Not sure

Are you happy with Prophix's feature set?

Yes

Did Prophix live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Prophix go as expected?

I wasn't involved with the implementation phase

Would you buy Prophix again?

Yes

Prophix is well suited for almost all FP&A scenarios relating to month-end close. Dashboards are particularly important to our dept owners and with Prophix creating dashboards is easy to follow and customize.

Another great thing with Prophix is the CSP team. They are always very helpful and attentive to your questions. I know if i encounter any issues they have always helped me in a timely manner.

Prophix Feature Ratings

8.2
Long-term financial planning
10
Financial budgeting
10
Forecasting
7
Scenario modeling
5
Management reporting
9
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
7.5
Personalized dashboards
8
Color-coded scorecards
Not Rated
KPIs
7
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
10.0
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
9.0
Drill-down analysis
10
Formatting capabilities
8
Report sharing and collaboration
9
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
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
Not Rated
Responsive Design for Web Access
Not Rated

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