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PeerSpot user
Managing Director at a tech services company
Consultant
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Easy to use and cloud-ready, helps me manage my business

How has it helped my organization?

Increased margin on products.

What is most valuable?

  • Easy to use
  • Rich functionality
  • Complete corporate performance management solution
  • Based on modern technology
  • Cloud-ready

All of them allow me to manage my business.

What needs improvement?

  • BI analytics
  • Few related Ad Hoc Analyses in one window
  • Sorting and filtering in Data View

For how long have I used the solution?

More than five years.
Buyer's Guide
Business Performance Management
October 2024
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What do I think about the stability of the solution?

No issues with stability.

What do I think about the scalability of the solution?

No issues with scalability.

How are customer service and support?

10 out of 10.

Which solution did I use previously and why did I switch?

Excel. Nightmare.

How was the initial setup?

Very straightforward. Easy to build business model.

What's my experience with pricing, setup cost, and licensing?

Very low cost for license, implementation, and maintenance.

Which other solutions did I evaluate?

IBM Cognos TM1, Eureka (local Polish solution), Corporate Planning (local German solution).

What other advice do I have?

Prepare your data sources well for importing to models in Prophix.

Disclosure: My company has a business relationship with this vendor other than being a customer: We are the exclusive distributor in Poland.
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PeerSpot user
it_user217737 - PeerSpot reviewer
Chief Financial Officer at a construction company with 501-1,000 employees
Vendor
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Report writing has some stability issues, but overall it is a very good product.

What is most valuable?

  • Budgeting
  • Financial Analysis

How has it helped my organization?

It has enabled us to cut the budgeting process by 50% as well as making the budgets more acute.

What needs improvement?

Report writing needs work,

For how long have I used the solution?

I've used it for two years.

What was my experience with deployment of the solution?

Just minor issues.

What do I think about the stability of the solution?

With the report writing there are some issues.

What do I think about the scalability of the solution?

No issues encountered.

How are customer service and technical support?

Customer Service:

Very good.

Technical Support:

Very good.

Which solution did I use previously and why did I switch?

We used Excel worksheets.

How was the initial setup?

It was somewhat complex but their people helped us through it.

What about the implementation team?

In-house with some people from Prophix.

What was our ROI?

We figured it would pay us back in a year.

Which other solutions did I evaluate?

Yes, we also looked at Budget Maestro, and a couple of others.

What other advice do I have?

This is a very good product.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
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Buyer's Guide
Download our free Business Performance Management Report and find out what your peers are saying about PROPHIX, Workday, Planful, and more!
Updated: October 2024
DOWNLOAD NOW
Buyer's Guide
Download our free Business Performance Management Report and find out what your peers are saying about PROPHIX, Workday, Planful, and more!
Buyer's Guide
Business Performance Management
October 2024
DOWNLOAD NOW
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