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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

  • Role: Finance
  • Industry: Technology
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Feb 2023

Budgeting and forecasting powerhouse software!

Likeliness to Recommend

6 /10

Pros

  • Respectful
  • Fair
  • Saves Time
  • Security Protects

Cons

  • Less Performance Enhancing
  • Inhibits Innovation
  • Slower Product Innovation

Loise K.

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

Submitted Oct 2022

Solid Performance Management Approach.

Likeliness to Recommend

9 /10

What differentiates Prophix from other similar products?

Prophix CPM is appropriate and useful in evaluating all the processes a company have.

What is your favorite aspect of this product?

Prophix CPM is more robust in improving the value for business performance through the consolidation of various systems.

What do you dislike most about this product?

Prophix CPM is more productive with authentic performance measure.

What recommendations would you give to someone considering this product?

The support that Prophix CPM offers in accurately evaluating performance is extensive.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Trustworthy
  • Caring

Stephanie A.

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

Submitted Oct 2022

Unified tool that fuses finances and operations

Likeliness to Recommend

10 /10

What differentiates Prophix from other similar products?

Prophix CPM helps improve profitability and minimize risk by automating repetitive tasks and providing greater visibility into the company's financial health, so we easily track company performance against planning and quickly make adjustments as needed

What is your favorite aspect of this product?

Through Capital Expense Planning provided by Prophix CPM, it allows me to integrate detailed capital asset costs into our planning process, enabling the organization to understand the impact of planned capital expenditures on company performance

What do you dislike most about this product?

The fact that the licensing structure model of Prophix has limited the number of users we can involve directly with the software

What recommendations would you give to someone considering this product?

Prophix CPM provides a means for budgeting at a departmental level and seamlessly rolling those budgets up to an enterprise-wide master budget. It allows financial professionals to focus on what matters most, uncovering new business opportunities through data insights

Pros

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

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