Just getting started
November 19, 2025

Just getting started

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

Overall Satisfaction with Prophix

We are just starting our journey with Prophix but we will be using it for financial reporting, WIP reporting, budgeting/forecasting and ad hoc reporting.

Pros

  • Gathers data from multiple sources
  • Allows for cross sectional reporting with multiple variables
  • Provides detailed insights on specific data sets

Cons

  • will update as we go through the process
  • Faster month and year-end close
  • More efficient board, lender and investor reporting
  • Real time data, no need to compile the report once it is built
It has the look and feel of Excel so it is familiar but also not as static as Excel
It is light years ahead of what we were doing but can always continue to evolve
We thought it was the best for our use, all were good with Vena being very close

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

Again, early in the process but provides much needed depth to the analysis and automates many of the tasks we have done manually previously.

Prophix Feature Ratings

Long-term financial planning
9
Financial budgeting
10
Forecasting
9
Scenario modeling
10
Management reporting
10
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
Pixel Perfect reports
9
Customizable dashboards
9
Report Formatting Templates
9
Drill-down analysis
9
Formatting capabilities
9
Report sharing and collaboration
9
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Predictive Analytics
9
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Responsive Design for Web Access
9

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