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Prophix

Prophix

7.4 /10
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Prophix
7.4 /10

What is Prophix?

Your business is evolving. Your systems should evolve too. Achieve your goals more successfully with Prophix’s innovative Corporate Performance Management (CPM) software. Improve profitability and minimize risk when you automate repetitive tasks and focus on what matters. Budget, plan, consolidate and report automatically. Whether in the cloud or on-premise, Prophix supports your future with a platform that flexes to suit your strategic realities, today and tomorrow.

Company Details

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Awards & Recognition

Prophix won the following awards in the Enterprise Performance Management category

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Prophix Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Prophix.

85 Likeliness to Recommend

96 Plan to Renew

76 Satisfaction of Cost Relative to Value

1
Since last award


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Emotional Footprint Overview

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Prophix?

2% Negative
9% Neutral
89% Positive

Pros

  • Respectful
  • Inspires Innovation
  • Saves Time
  • Appreciates Incumbent Status

Feature Ratings

Average 83

Financial Reporting and Consolidation

88

Budgeting and Forecasting

87

Planning and Scheduling

85

Data Visualization

82

Business Application Integration

80

BI and Performance Management

80

Collaboration

79

Governance Risk and Compliance

76

Marketing Analytics

73

Vendor Capability Ratings

Average 80

Usability and Intuitiveness

85

Vendor Support

85

Breadth of Features

81

Business Value Created

81

Quality of Features

81

Ease of IT Administration

81

Ease of Data Integration

80

Ease of Customization

80

Product Strategy and Rate of Improvement

79

Ease of Implementation

79

Availability and Quality of Training

79

Prophix Reviews

Brandon Y.

  • Role: Information Technology
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2024

Unlocking Prophix's Financial Potential

Likeliness to Recommend

8 /10

What differentiates Prophix from other similar products?

It helps streamline the workflow including management of budget, planning of finance, and analysis of data by facilitating automation and integration to manage them. Prophix is known for its ability to seamless integration with several financial processes from solving small to large tasks with scalability.

What is your favorite aspect of this product?

It helps me to manage my financial tasks by providing user-friendly features. Its promising features guide me to handle detailed budgets by streamlining manual tasks such as data input, assessment, and consolidation, thus making the whole procedure quick and accurate. Also, it has a strong analytical reporting power that enables me to generate customized and in-depth financial reports.

What do you dislike most about this product?

Although it deals with all financial-related tasks efficiently whether it's about budget management and the formation of reports it facilitates customizable reporting capabilities but as far as non-financial tasks are concerned, the customization choices are very limited. This is one of the drawbacks which I noticed when I intend to deal with wide enterprise management.

What recommendations would you give to someone considering this product?

It is a great choice for all those who want to deal with complex financial needs and require a sophisticated financial tool.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Trustworthy
  • Unique Features

Emily F.

  • Role: Finance
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Sep 2024

The most authentic and reliable reporting tool

Likeliness to Recommend

9 /10

What differentiates Prophix from other similar products?

Prophix is a high-ranking software. The reason for its popularity is that it has streamlined financial planning. It has also brought much convenience in budgeting and reporting processes. It is incredibly easy to use and it offers the most satisfactory and effective customer support. The presence of a spreadsheet-style interface has made navigation quite easier.

What is your favorite aspect of this product?

The foremost pro is that it has made budgeting, financial planning, reporting, and accounting easier. Secondly, its data processing rate is very advanced and latest. It plays playing a vital role in handling and managing complex plans. Moreover, it easily lets us handle large datasets. Its user-friendly interface fascinates users.

What do you dislike most about this product?

The only thing is that its learning curve is quite challenging for beginners. Another drawback is that its free trial period is very less due to which it becomes difficult to make evaluation before purchasing.

What recommendations would you give to someone considering this product?

Highly recommended platform must give it a try.

Pros

  • Continually Improving Product
  • Reliable
  • Unique Features
  • Efficient Service

Shashank S.

  • Role: Consultant
  • Industry: Consulting
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Jul 2024

High performance low cost

Likeliness to Recommend

9 /10

What differentiates Prophix from other similar products?

As compared to competitors the complex financial processes can be easily automated which increases the efficiency and minimize the cost.

What is your favorite aspect of this product?

Financial modelling

What do you dislike most about this product?

After care support, as many a times they take time to resolve your issue which is kind of frustrating

What recommendations would you give to someone considering this product?

Go ahead with it if you in need to automate your financial company structure

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

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