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Prophix Software Reviews & Product Details - Page 20

Prophix Software Overview

What is Prophix Software?

Prophix is a type of financial performance platform designed to help organizations enhance their decision-making processes through improved speed and accuracy. This software solution caters to the needs of finance leaders who seek to navigate the complexities of financial management while ensuring a seamless user experience. By leveraging Prophix One, finance teams can harness the power of automation and data analytics to drive significant progress in their financial operations. Targeted primarily at finance professionals and organizations of all sizes, Prophix addresses a variety of use cases, including planning, budgeting, forecasting, reporting, and consolidation. The platform is particularly beneficial for global finance teams that require a unified approach to managing financial data across multiple regions and departments. By providing a centralized solution, Prophix helps eliminate silos and fosters collaboration among team members, enabling them to work more efficiently and effectively. One of the key features of Prophix is its ability to automate complex financial processes. This automation not only reduces the time spent on manual tasks but also minimizes the risk of human error, leading to more accurate financial insights. Users can access best-in-class functionalities that illuminate data and provide actionable insights, allowing finance leaders to make informed decisions with confidence. The platform's intuitive interface ensures that users can navigate through various functionalities without extensive training, making it accessible to a wide range of users. Additionally, Prophix offers robust reporting and analytics capabilities that empower organizations to visualize their financial data in meaningful ways. By transforming raw data into comprehensive reports and dashboards, finance teams can quickly identify trends, assess performance, and uncover opportunities for improvement. This level of insight is crucial for organizations looking to adapt to changing market conditions and drive long-term success. With a strong backing from Hg Capital and a growing customer base of over 3,000 active users worldwide, Prophix stands out as a reliable partner for organizations aiming to elevate their financial performance. By embracing the next generation of finance through Prophix, finance leaders can crush complexity, reduce uncertainty, and ultimately achieve their organizational goals with greater ease and precision.

Prophix Software Details
Product Website
Languages Supported
Danish, German, English, French, Italian, Polish, Portuguese, Russian, Spanish
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Product Description

Your business is evolving. And the way you plan your business activities and report on them should evolve too. To empower mid-market companies to achieve their goals, Prophix provides an integrated, cloud-based platform to the Office of Finance; one that delivers planning, budgeting, reporting, forecasting and consolidation solutions. With Prophix, finance leaders improve profitability and minimize risk and puts the focus back on what matters most – uncovering business opportunities. Prophix supports your future with AI innovations that adapts to meet your strategic realities, today and tomorrow. Over 2,500 active customers around the globe rely on Prophix to transform the way they work.


Seller Details
Seller
Prophix
Company Website
Year Founded
1987
HQ Location
Ontario, Canada
Twitter
@prophix
2,002 Twitter followers
LinkedIn® Page
www.linkedin.com
499 employees on LinkedIn®
Description

Ambitious finance leaders engage with Prophix to drive progress and do their best work. Leveraging Prophix One, a Financial Performance Platform, to improve the speed and accuracy of decision-making within a harmonized user experience, global finance teams are empowered to step into the next generation of finance with no reservation.    Crush complexity, reduce uncertainty, and illuminate data with access to best-in-class automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities. Prophix is a private company, backed by Hg Capital, a leading investor in software and services businesses. More than 3,000 active customers across the globe rely on Prophix to achieve organizational success. Additional information at www.prophix.com.  


MM
Overview Provided by:
Growth Marketer. Pipe Builder. Brand Evangelist. Customer Advocate. Results Driven.

Prophix Software Integrations

(4)
Verified by Prophix Software

Recent Prophix Software Reviews

MW
Mayur W.Enterprise (> 1000 emp.)
4.5 out of 5
"Prophix for FP&A"
Good Application for Financial Reporting planning and analysis, Prodct, Support
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Prophix: Do it all financial software"
I really enjoy how user-friendly the system is. Onboarding new users is faster than some other software I've used in the past because of how intuit...
AB
Alexandra B.Enterprise (> 1000 emp.)
4.5 out of 5
"User friendly"
I find Prophix to be much more user-friendly then previous software I have used.

Prophix Software Media

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Video Reviews

194 Prophix Software Reviews

4.4 out of 5
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194 Prophix Software Reviews
4.4 out of 5
194 Prophix Software Reviews
4.4 out of 5

Prophix Software Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Prophix SoftwareQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Insurance
AI
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Prophix Software?

The multi-functionality (budgeting, forecasting, self-service analysis) Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

How hard it is to get on the same page relative to a thorough discovery Review collected by and hosted on G2.com.

Recommendations to others considering Prophix Software:

Spend enough time upfront for FULL discovery Review collected by and hosted on G2.com.

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

Ease&consistency of budgeting and self service analysis Review collected by and hosted on G2.com.

Verified User in Investment Management
AI
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Prophix Software?

The ability to customize reports through template studio. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The time needed to setup the entire program is a huge investment. Review collected by and hosted on G2.com.

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

Budgeting and projection have become easier with this tool given our complex environment. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Prophix Software?

The different cubes and ways to link them Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Layout, needs a lot of formatting, slow software. Review collected by and hosted on G2.com.

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

Financial reporting, budgeting, headcount, payroll Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Prophix Software?

Good Personnel Budget and estimating Tool. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

It doesn't have a cloud version yet. Maybe in 2018 Review collected by and hosted on G2.com.

Recommendations to others considering Prophix Software:

week training may not be enough time Review collected by and hosted on G2.com.

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

Budgeting

Cut my time in budget by 2 weeks Review collected by and hosted on G2.com.