Phocas Software Reviews & Product Details

Phocas Software delivers cloud-based business intelligence (BI) and financial planning and analysis (FP&A) solutions for mid-market businesses in wholesale distribution, manufacturing, and retail. Phocas delivers an intuitive, accessible platform that simplifies data analysis and financial planning, empowering organizations to make confident, data-driven decisions. Seamlessly integrating with ERP systems and any other source, Phocas consolidates data into a centralized platform. Unlocking the potential of ERP data and delivering improvements at every business level. Its BI core enables users to explore data, spot trends, and find opportunities. FP&A tools support dynamic financial reporting, flexible budgeting, performance tracking and accurate forecasts. Plus, Phocas offers automated rebate management. Phocas Analytics A BI tool that connects businesses around one central data source. It’s fast, secure and designed to be self-serve for everyone. Up-to-date data is easy to access and explore empowering people to understand and improve the business at any level – by branch, division, sales, product, customer. • Data consolidation: ERP + other data sources automatically consolidated into a centralized platform • AI natural language: query data using Phocas AI and get instant answers • Drill down: Explore data from high-level overviews to transactional detail • Enhanced analysis: Flexible pivot tables enable custom data analysis • Ad hoc reporting: Build custom reports and dashboards in minutes and with ease • Visualizations & dashboards: Transform live data into custom dashboards, charts, graphs and sparklines Phocas Financial Statements Designed to help businesses easily and accurately report on their financial health and performance. ERP numbers are transformed into dynamic profit and loss (income statement), balance sheet and cashflow statements. Empowering users to quickly explore data in detail and to proactively solve problems. • Customize: Easily adjust statements to suit cross-functional teams • Fast: speed up month-end with automated financial data consolidation and reporting • Live actuals: work with reliable, up-to-date actuals with formulas and ratios baked into the tool • Drill down: slice, dice and drill down to transaction-level detail • Side-by-side analysis: compare statements across different periods, branches, divisions • User-based access: secure visibility and direction for end business users Phocas Budgets & Forecasts Consolidates planning across the business in one place – financial budgets, sales forecasts, headcount, demand planning. As easy to use as a spreadsheet, just faster and custom-built. • Automated: budgets and forecasts are populated with live ERP data so actuals are always reliable • Flexible: adapts to growing business needs; handles increased complexity, detailed planning • Easy tracking: use live actuals to regularly track performance, compare to budgets, quickly reforecast • Collaborative: assignment, submission and approval processes make cross-functional input quick and stress-free • Versatile: facilitates driver-based, multi-level, 3-statement budgeting, unlimited scenario planning Phocas Rebates Automated payable and receivable rebate management that improves accuracy and delivers more profitable outcomes. A self-serve tool that makes it easy to identify trends, spot near misses, and assess overall performance. With real-time updates, users can quickly optimize product offers, pricing, and purchasing decisions to align with emerging opportunities. Enabling businesses to maximize profitability and strengthen partnerships.

Product Website

Seller

Phocas Software

Discussions

Phocas Software Community

Languages Supported

English

Overview by

Harley Peddie

Value at a Glance

Averages based on real user reviews.

Time to Implement

2 months

View More Pricing Information

Phocas Software Integrations

(7)

Verified by Phocas Software

Phocas Software Media

With centralized data, everyone can do more. Phocas pulls data from your ERP and any other source into one easily accessible platform, empowering everyone with deep-dive analytics, reporting and planning.

Phocas is an intuitive business intelligence solution. Simpler than data analysis in Excel because we‘ve done all of the hard work for you with pre-built solutions! Data shouldn’t be an enigma… dig deeper and analyze your data inside the simplified Phocas Grid. Customize reports and dashboards th...

Phocas Software Demo - Phocas Financial Statements

With Phocas Financial Statements analysis and reporting software’ powerful capabilities, you can close month-end in minutes instead of days! If consolidating financial statements has you worried about accuracy, forget about it! You can consolidate and integrate 3rd party data quickly and safely.

Phocas Software Demo - Phocas Budgets & Forecasts

Accelerate and simplify budgeting with Phocas’ driver-based budgeting and forecasting software. Building a budget doesn’t have to be a lonely task! With Phocas’s secure and auditable workflow, you can collaborate with other key stakeholders directly into the budgeting process.

Streamlines rebate management by automating calculations for payable and receivable rebates, ensuring accuracy and delivering more profitable outcomes. Built on a BI foundation, this self-serve tool makes it easy to identify trends, spot near misses, and assess overall performance. Enabling busin...

Phocas CRM connects sales analysis with tasks and activities, bringing together finance, customer, and sales data in one platform for accurate, real-time insights. Built on a BI foundation, it offers intuitive tools for contact and interaction tracking, lead and campaign management, and centraliz...

Learn how you can get quick and easy access to the information you need to make data-driven decisions with trusted data that’s pulled fresh from your ERP.

Trade Supply Group uses Phocas to get faster, automated financial reporting everyone in their business can use, cutting down the time their IT Team used to spend building static ad-hoc reports.

Stokes Electric Company streamlines financial reporting and budgeting with Phocas Financial Statements, cutting the time it takes to create monthly reports in half.

Crescent Parts & Equipment is able to support as many custom reports as their team needs, without spending "a ton of time training people" using Phocas analytics and reports

Savona Foodservice turned to Phocas to handle heaps of transaction data and enable anyone in their finance team to make informed decisions about their business with confidence.

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Abhishek S.

Mid-Market (51-1000 emp.)

9/22/2023

""Phocas Software : A Game Changer for data Analysis and Business Intelligence""

4.5/5

What do you like best about Phocas Software?

1- Data Visualizations : Its offer data Visualizations capabilities,including customizable dashboard and a wide range chart types

2-Real-Time Reporting : Its real-time reporting and analylics and is allow user to access the most up-to-date information

3-Customer Support : the Customer support of this platform is also very good beacuse they knowelable and skilled person

4- Easy to Integration Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

1-Cost : the Costing of this platform is high in complaratively to other platform

2-Limited Advanced Analytics : its primarly design only for business inteligence and reporting

3- Customization Complexity : While the strength of this [platoform is customization but creating highly customized reports and dashboard have beacame complex Review collected by and hosted on G2.com.

What problems is Phocas Software solving and how is that benefiting you?

Phocas Software have solve some challenges and offer bentifs its will depend on its industry ,goals , and the way its implemented and utilizes the software . in genral the software helps businesses become more data-driven , efficient and competitive by addressing the data-related challenges they faces Review collected by and hosted on G2.com.

Melati B.

Wholesale

Small-Business (50 or fewer emp.)

6/26/2023

"A must have tool for businesses"

5/5

What do you like best about Phocas Software?

There are so many ways you can get your data to compare different sets of data together and in view it in different ways, helping us understand our data better.

It is easy to use, and it works with live data, so anyone can go into the interface without waiting to get information from someone else. Also, the ability to export reports is excellent.

I also like all the training they provide and the online resources and support available. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

When drilling into information in financials, the only thing is that when clicking the back button on the browser, it reverts to the default view, so you have to set all your report settings again, and it would be easier to click back instead of having to unselect all the options to drill down into the transactions.

You also have to reset the report sometimes, as it doesn't pull back your previous settings if you drill back out of information. Review collected by and hosted on G2.com.

What problems is Phocas Software solving and how is that benefiting you?

Phocas has helped us with accessibility and ease, as you can view data in real time at your fingertips instead of generating a report each time and exporting it from our ERP (or going through various sources to find it).

Being able to drill down information on a transaction basis makes it easier to view and understand the data, and you can answer your own query very quickly rather than asking someone else for the information (and therefore wait for them to get this information to you) or going through multiple areas of our ERP. Review collected by and hosted on G2.com.

Response from Harley Peddie of Phocas

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Hi Melati, thanks for taking the time to leave us a review.

It's awesome that you're able to speed up your reporting, and get down to transactional level details, all without chasing down other people for the latest data!

The way that you're losing the filters when you pull out of your financial drill-downs sounds really frustrating. I hope you don't mind going into a bit more detail with your account manager to get to the bottom of whats going wrong - they should be in touch with you shortly.

If you require any other assistance or have any suggestions, please drop us a message at hello@phocassoftware.com

Warm regards,

Verified User in Construction

Enterprise (> 1000 emp.)

7/26/2024

"Intuitive and well designed"

4.5/5

What do you like best about Phocas Software?

Ability to filter sales, products sold, margins and selling price. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

Not uniformly user friendly, could be more consistant. Review collected by and hosted on G2.com.

Response from Harley Peddie of Phocas

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Hi there,

thank you for taking the time to leave a review of Phocas.

That's great to hear that you're able get better visibility of your sales and easily filter products, margins and prices.

We're continually releasing product updates to improve functionality and make our analytics solutions more user friendly You can find the most up to date info about new features in our academy: https://www.phocassoftware.com/academy. If you spot anything like you mentioned you think could be better explained and walked through, please drop us a line at hello@phocassoftware.com

Warm regards,

on behalf of Mike Hills

Global Head of Customer

Payal G.

Mid-Market (51-1000 emp.)

8/17/2023

""Unleashing Data Insights : A review of Phocas Software's Analytics Solutions ""

4.5/5

What do you like best about Phocas Software?

1- Customization Options : User have heighlighted the software's customizations features.

2- Responsive Customer support:Postive feedback ooften mentions phocas software responsive and helpfull customer support ,

3-Fast Performance :the software performance in terms of data processing and querying speed is another aspect tht user tend to like. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

1-Data Transformation : user who require extensive data transformation and cleansing capabilities might find that phoscas software's data prepration are not as robust as those in dedicated data prepration tool

2-Pricing : Costing of this software is might be high in comparshaion of other software

3-this have also limited ofline access Review collected by and hosted on G2.com.

Vipin j.

Mid-Market (51-1000 emp.)

8/24/2023

""Revolutionizing Data Insight: A Deep Drive into the Capabilities of Phocas Software ""

4.5/5

What do you like best about Phocas Software?

1- Customizations: its offer the customization to the users to tailor dashboard and reports according to their specific needs

2-Speed and Performance : it is used to design to handle large volume of data quickly and efficiently

3-Customer Support : Many users have postive feedback on Phocas customer Support Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

1-Learing Curve : Some new users still find a learning curve associated with understanding all the features and functionalities

2-Limited Data Transformations : there is some limitation to have advacnce data transfer capabilites

3-Cost : the costing of the software is higher for small organisation in comparashion of other software Review collected by and hosted on G2.com.

What problems is Phocas Software solving and how is that benefiting you?

Phocas Software have solved many problem and its aim to simplify data analysis,streamline decision-making and provide actionable insight to organisations.By addressing these challenges , bussiness can make more informed choice ,enhance efficiency ,improve their overall perfomance in competive landscape Review collected by and hosted on G2.com.

Brandon G.

Supply Chain Manager

Small-Business (50 or fewer emp.)

7/18/2023

"We would be lost without Phocas"

5/5

What do you like best about Phocas Software?

Phocas takes all our data and devides them into logical legos that we can turnaround and build beautiful creations with. Almost all of our decison making processes have quantitative data that came from some part of Phocas. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

It is our own fault but we've built so many reports and dashboards it gets cumbersome to push all the appropriate ones to a new user. This is really only for admins but a way to multi select favorites to share with a new user would be slick. Review collected by and hosted on G2.com.

Scott H.

Small-Business (50 or fewer emp.)

12/12/2023

"The most user friendly BI tool available"

5/5

What do you like best about Phocas Software?

These ease of use, onboarding is very quick and the online videos are extremely helpful with the onboarding process Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

Yet to complain or hear anyone on my team complain Review collected by and hosted on G2.com.

Response from Harley Peddie of Phocas

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Hi Scott,

thanks for taking the time to review Phocas. That's great that we're able to help with your inventory forecasting and budget tracking needs.

We try and keep our our library of how-to videos up-to-date: https://www.phocassoftware.com/academy. If you spot anything like you think could be better explained and walked through, please drop us a line at hello@phocassoftware.com

Warm regards,

on behalf of Mike Hills

Global Head of Customer

See how Phocas improved

James (Jim) H.

Chief Financial Officer

Mid-Market (51-1000 emp.)

7/18/2023

"Great Program"

5/5

What do you like best about Phocas Software?

Most helpful is ease of use and quick access to so much data to work with and analyze. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

Getting asked to to surveys and write reviews.... Review collected by and hosted on G2.com.

Verified User in Financial Services

Mid-Market (51-1000 emp.)

12/5/2023

"Phocas Rebates Review"

2.5/5

What do you like best about Phocas Software?

User Interface

Ease of USE

Integration

Implementation Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

Updates are very slow,

New features are not rolled out regularly Review collected by and hosted on G2.com.

Response from Harley Peddie of Phocas

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We appreciate your review of Phocas Rebates. We love that you find our user interface, ease of use, integration, and implementation valuable.

At the same time, we take your concerns about the speed of updates and the frequency of new feature rollouts seriously. We want to assure you that our team is actively working to address these issues. We’ve recently increased our cadence of Rebates updates to twice weekly with some exciting new features being released in the New Year. Please feel free to reach out to your customer success consultant who will be able to take you through these updates and the upcoming roadmap in more detail.

Thank you for being a valued Phocas Software user.

Warm regards,

On behalf of Mike Hills

Global Head of Customer

Verified User in Electrical/Electronic Manufacturing

Mid-Market (51-1000 emp.)

4/28/2023

"Easy to use BI tool"

5/5

What do you like best about Phocas Software?

I like the fact that its VERY EASY to use, we didn't even have the training yet and I was already running different reports and definitely very intuitive as well. Review collected by and hosted on G2.com.

What do you dislike about Phocas Software?

the one drawback is that the data isn't in real-time, it's yesterday's data and not today's data. It also has limited visual graphics to display, similar to excel but a little bit better. Review collected by and hosted on G2.com.

Response from Harley Peddie of Phocas

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Hi there, thanks for taking the time to leave a review.

We're glad you've found our self guided documentation (it's available at https://www.phocassoftware.com/academy) so easy to follow, and were able to uncover insights yourself without data analysts and Excel specialists.

Generating reports with data that is just a day old can be a challenge; Phocas can refresh data more frequently, depending on your customized setup. Please get in touch with us via hello@phocassoftware.com so we can look into your account and see if there is some tweaks we can make to your implentation.

If you require any other assistance or have any suggestions, please don't hesitate to get in touch.

Warm regards,

See how Phocas improved