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Prophix

Prophix

Composite Score
7.4 /10
CX Score
7.6 /10
Category
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.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

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

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+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
  • Transparent

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

Anela H.

  • Role: Operations
  • Industry: Not for Profit
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2021

Prophix makes it easier and more efficient

Likeliness to Recommend

8 /10

What differentiates Prophix from other similar products?

Greater improvement in overall efficiency for budgeting and reporting, making it easier to communicate relevant details

What is your favorite aspect of this product?

Ease of use and speeding up pertinent processes

What do you dislike most about this product?

Occasional template issues

What recommendations would you give to someone considering this product?

Give it chance and perform in depth testing, it pays to dive below the surface and discover the diverse paths of usefulness Prophix provides

Pros

  • Efficient Service
  • Effective Service
  • Caring
  • Helps Innovate

BILAL S.

  • Role: Finance
  • Industry: Retail
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2021

Friendly tool and easy to learn!

Likeliness to Recommend

10 /10

What differentiates Prophix from other similar products?

Currently we do Financial planning and consolidation of our budget, Internal operational reporting and analysis and personnel budgeting within Prophix. Prophix has help us with better business partner during our budgeting process through there workflow and template process, which are great and easy to use.

What is your favorite aspect of this product?

The tool is very flexible for customizing the software to our business needs and even if we need to rebuild the structures and data cubes. The experienced Prophix consultants are a pleasure to work with and very knowledgeable. The budget can be housed within Prophix rather than within multiple spreadsheets. Other highlights are Multi-tiered Allocations, great at Variance Analysis, helps with budget streamlining, its flexible for building reports on almost anything in any format and staying powerful with analysis of huge volumes of data. They also have an amazing community forum of users to support each other.

What do you dislike most about this product?

Dashboard aspects is still a little weak, and graph editing could be better on the advanced graph editing; as excel is still more capable of that. Report builders usage to build a report to match something that you were doing in excel can be a challenge sometimes.

What recommendations would you give to someone considering this product?

Good tool for reporting and budgeting. Very easy to compile ad hoc reporting easily for execs/management. Monthly reports can be set up to distribute automatically. Prophix is very easy to get up and running. Very little IT involvement is needed to maintain the system.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Role: Consultant
  • Industry: Consulting
  • Involvement: IT Development, Integration, and Administration
Validated Review
Anonymous Reviewer

Submitted Jun 2021

Decent product. Could use AI to simplify setup.

Likeliness to Recommend

7 /10

Pros

  • Helps Innovate

Cons

  • Slower Product Innovation

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