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IBM Cognos Controller vs Prophix comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IBM Cognos Controller
Ranking in Financial Close Software
11th
Average Rating
7.6
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Prophix
Ranking in Financial Close Software
20th
Average Rating
8.2
Reviews Sentiment
6.9
Number of Reviews
10
Ranking in other categories
Business Performance Management (19th), Financial Performance and Strategy Management (7th)
 

Mindshare comparison

As of April 2025, in the Financial Close Software category, the mindshare of IBM Cognos Controller is 1.8%, up from 1.4% compared to the previous year. The mindshare of Prophix is 1.2%, down from 1.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

Pauli Leppänen - PeerSpot reviewer
A tool useful for areas like reporting and group consolidation
Scalability-wise, I rate the solution an eight out of ten. My company hasn't faced any issues regarding scalability, which we can't overcome. Regarding the scalability, there is some work required in the product. A user should also have some knowledge to be able to operate the tool's scalability feature. Sometimes, my company has to contact our support partner to figure out how to do certain things in the product. So far, my company hasn't encountered any issues with the tool where we have to deal with volumes even though we have to deal with a lot of leasing contracts, like over 2,000. My company expects the product to offer more scalability. My company has around 70 licenses.
it_user205587 - PeerSpot reviewer
​Areas where you load your CapEx still need a lot of improvements however, it is easy to build a report.
* The products are linked to operational software (SAP) through an ODBC connection, so uploading the data is just on the click of a button * Creating a forecast or budget model is very simple * The turn around time and accuracy has improved dramatically * Analysis became much easier
report
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Top Industries

By visitors reading reviews
No data available
Educational Organization
35%
Computer Software Company
26%
Construction Company
7%
Performing Arts
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about IBM Cognos Controller?
The most valuable feature of the solution stems from the fact that it is a properly working solution... The functionalities and package offered by the product seem to be the right fit for our company.
What needs improvement with IBM Cognos Controller?
IFRS 16 functionality is something that is not embedded in IBM Cognos Controller. My company uses a good built-in functionality in the tool, which was made by our support partner. IBM Cognos Contro...
What is your primary use case for IBM Cognos Controller?
I use the solution for reporting and group consolidation.
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Comparisons

 

Overview

 

Sample Customers

Emirates National Oil Company
Solarcentury, Swan Mill Paper Company, Interstates Companies, First Medical Health Plan, Community Physician Network, AAA Southern New England
Find out what your peers are saying about IBM Cognos Controller vs. Prophix and other solutions. Updated: March 2025.
845,406 professionals have used our research since 2012.