Prophix Reviews

Name: Prophix
Brand: PROPHIX
Rating: 4.1 (10 reviews)

4.1 out of 5

10 reviews
100% willing to recommend

376 followers

What is Prophix?

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.

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Prophix is the #7 ranked solution in top Financial Performance and Strategy Management solutions, #19 ranked solution in top Business Performance Management solutions, and #21 ranked solution in top Financial Close Software. PeerSpot users give Prophix an average rating of 8.2 out of 10. Prophix is most commonly compared to Oracle HFM: Prophix vs Oracle HFM. Prophix is popular among the midsize enterprise segment, accounting for 49% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a educational organization, accounting for 44% of all views.

Buyer's Guide

Business Performance Management

November 2024

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Helped 823,875 peers since 2012

Featured reviews

it_user205587

CFO at a construction company with 51-200 employees

* 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

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it_user285996

Manager - Commercial Credit at a retailer with 1,001-5,000 employees

The ability to budget on individual levels, i.e. by person for payroll, by vehicle for transportation, etc The payroll module is powerful, but not user friendly. One budgeting season before I left the company. Discovery was not in depth enough for our deployment to be successful – we had a lot…

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it_user259965

Consulting Manager of Corporate Finance and Strateg at a financial services firm with 51-200 employees

* The ability for statistical accounts to more easily recalculate instead of summing metrics * The time it takes to export OLAP reports has increased as newer versions were released * The ability to leave off table-of-contents links to report downloads would be nice * Ability to drill into specific accounts easier inside the system

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Prophix mindshare

Product category:

As of December 2024, the mindshare of Prophix in the Business Performance Management category stands at 0.9%, down from 1.0% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Business Performance Management