Prophix Software

By Prophix

4.4 out of 5 stars

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Prophix Software Reviews & Product Details

Value at a Glance

Averages based on real user reviews.

Time to Implement

4 months

Prophix Software Media

Prophix Software Demo - Prophix One Portal
One single point of entry into Prophix One through our portal simplifies access and authentication but also allows you to move seamlessly between applications.
Prophix Software Demo - Prophix One FP&A
Faster Budgeting, Planning & Forecasting: empower budget owners to own their numbers, supported by Agents, and cut cycle times dramatically.
Prophix Software Demo - Prophix One Account Reconciliation
Accelerate your financial close with Prophix One Account Reconciliation
Prophix Software Demo - Prophix One Intercompany Management
Increase accuracy and improve collaboration with Prophix One Intercompany Management
Prophix Software Demo - Prophix One Financial Consolidation
Consolidate faster, more accurately and with confidence with Prophix One Financial Consolidation
Prophix Software Demo - Reporting Agent
Clearer Insights for Every Stakeholder: Agents deliver plain-language explanations and actionable insights without hours spent digging through data.
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Prophix Software Reviews (217)

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Reviews

Prophix Software Reviews (217)

View 5 Video Reviews
4.4
217 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise Prophix for its ease of use and flexibility in reporting, which significantly streamlines budgeting and forecasting processes. The software's ability to automate workflows and integrate data from multiple sources enhances efficiency, allowing finance teams to focus on analysis rather than manual tasks. However, some users note that the initial learning curve can be steep, particularly for advanced features.

Pros & Cons

Generated from real user reviews
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EP
Mid-Market (51-1000 emp.)
"Highly Recommend Prophix"
What do you like best about Prophix Software?

Prior to onboarding Prophix in 2021, we budgeted using excel templates and then a another budget software that was not flexible enough for our organization.

During the onboarding process, as an adminstrator, I helped to build everything from scratch with our consultant. This was extremely helpful in learning the system and things it can do. It also provided me with the confidence I needed once we were onboarded and the training wheels came off.

Prophix is an amazing tool and has helped to ease all of our pain points throughout the budget process. The end user experience has also improved vastly and I'm no longer receiving the complaints I used to during budget season. I have not had a scenario where I wasn't able to accomplish something I wanted to within Prophix.

Prophix allows you to have all of your data at your finger tips. For us, this was huge because we were able to consolidate multiple systems into one.

We are able to produce reports much more quickly without manual intervention once reports are set up you simply update the dates.

Our organization has the CSP and that has been very helpful any time we have questions or are looking to add sometime.

Overall, Prophix has been a great investment for our organization and I can't recommend more. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

N/A I don't have any negative feedback to provide. If something can't be accomplished in a "traditional" manner there is always a workaround. Review collected by and hosted on G2.com.

João Pedro S.
JS
Estagiário Extend Software
Small-Business (50 or fewer emp.)
"Opportunity"
What do you like best about Prophix Software?

Prophix gives us ease of handling data. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Sometimes the performance of Prophix makes me a little upset. Review collected by and hosted on G2.com.

Gabriel P.
GP
Controllership coordinator
Mid-Market (51-1000 emp.)
"An excellent suite for financial control"
What do you like best about Prophix Software?

The way its models are created, with great flexibility, and their attractive layout are certainly their strong points. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The loading speed of some pages with a lot of data could be optimized, something around 40 thousand lines in a detailed planning can take minutes to load. Review collected by and hosted on G2.com.

CZ
Enterprise (> 1000 emp.)
"Great Product!"
What do you like best about Prophix Software?

How dynamic the system is. It's very easy to access. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Nothing! The system works great and has changed the way we analyze our busines Review collected by and hosted on G2.com.

Leszek ( Lester ) W.
LW
Senior Financial Plan Analyst
Mid-Market (51-1000 emp.)
"Tool that made our processes much easier"
What do you like best about Prophix Software?

Prophix is a great tool and making things easier on the end user. We have struggled with excel during budgeting process but with Prohix we have increased the end user experience.

Robust product with many features. It is great at analyzing data that is in your database.

We have reduced the time to provide reports to managemnt and the Board with Prophix reporting as we are able to generate results right after close of the month.

It was great experience during implementation. Their team is very knowledgable and will make the process smoother.

We went Prophix due to the ease of integration with our ERP.

If you purchae the CSP package from Prohix you will have great support from their knowlegable team.

This is a product that we use very frequently almost on a daily basis. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

For the most part it is a great tool and it does not have any disadvantateges. There are few things that could be improved like dashboard editing functionality. It lacks formatting feature that of excel. Review collected by and hosted on G2.com.

DY
Mid-Market (51-1000 emp.)
"Intuitive Financial Reporting and Planning Tool"
What do you like best about Prophix Software?

An easy to use cloud based environment, that is very intuitive in the ability to aggregate and report data. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

There does pose some challenge in the overall setup and deployment to users, however once the models/cubes are setup the software remains pretty seamless. Review collected by and hosted on G2.com.

Verified User in Financial Services
EF
Enterprise (> 1000 emp.)
"Financial Planning & Analysis for Expenses "
What do you like best about Prophix Software?

Prophix is very much a Finance-Administered application without an Excel front-end (but easily exported to Excel). There is a M365 Add-in that allows push and pull data movement to and from Prophix for Excel and PPT. We are much less dependent on IT and more efficient. The application is point and click intuitive for non-financial users. Staging data from SAP and other sources has been fairly straightforward to implement. Working directly with Prophix for implementation consulting is fantastic and a welcome change from working with 3rd party implementation firms. The ability to continue to grow our platform footprint without large financial outlays was a big win. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

As each customer implementation is custom built to a certain point, we found the ability for new consultants to enter the process mid to late stream hasn't proven to be as efficient as staying with the original team. Review collected by and hosted on G2.com.

SD
Senior Act
Mid-Market (51-1000 emp.)
"Phophix: Reporting and Budgeting software unlike anyone else"
What do you like best about Prophix Software?

Prophix has a fantastic customer support team and a learning hub allowing further advancements within the software training module. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix has SO many features that we are not using them to their full potential. Review collected by and hosted on G2.com.

Barron S.
BS
Financial Analyst
Mid-Market (51-1000 emp.)
"Great software for financial reporting, and very user friendly."
What do you like best about Prophix Software?

The fact that we can have a connect between our accounting software (SAP) and Prophix is amazing. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

When it comes to building dashboards, there are some issues with graphics and filtering options. Review collected by and hosted on G2.com.

Amanda S.
AS
Assistant Controller
Mid-Market (51-1000 emp.)
"Great platform and customer service!"
What do you like best about Prophix Software?

Prophix has changed how we create and present financials. It's been a huge help in automating our budget process! We are looking forward transfering more processes into Prophix. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix has been great overall but it's a huge time commitment. Review collected by and hosted on G2.com.

Questions about Prophix Software? Ask real users or explore answers from the community

Get practical answers, real workflows, and honest pros and cons from the G2 community or share your insights.

Verified User
G2
Verified User
Last activity almost 3 years ago

How does Prophix leverage Artificial Intelligence for Corporate Performance Management?

Verified User
G2
Verified User
Last activity about 5 years ago

Will there be more MS365 learning videos?

Pricing Insights

Averages based on real user reviews.

Time to Implement

4 months

Return on Investment

17 months

Average Discount

11%

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Prophix Software Features
Budgeting
Forecasting
Planning
Data Analysis
Custom Reporting
Reporting Templates
Version Control
Data Import
Budget Hierarchies
Versioning
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Prophix Software