Prophix Software

By Prophix

4.4 out of 5 stars

How would you rate your experience with Prophix Software?

Compare this with other toolsSave it to your board and evaluate your options side by side.
Save to board

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.
Play Prophix Software Video
Play Prophix Software Video
Play Prophix Software Video
Play Prophix Software Video
Play Prophix Software Video
Product Avatar Image

Have you used Prophix Software before?

Answer a few questions to help the Prophix Software community

Prophix Software Reviews (217)

View 5 Video Reviews
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
View All Pros and Cons
Search reviews
Filter Reviews
Clear Results
G2 reviews are authentic and verified.
Verified User in Education Management
AE
Mid-Market (51-1000 emp.)
"Prophix offers a great out of the box solution for FP&A that can be customized as needed"
What do you like best about Prophix Software?

I like that through the implementation process, we had very knowledgeable consultants who took the time to listen and understand our user stories. The product pulls in data from various sources in various ways, and provides many learning opportunities through their active use group. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The work that needs to be done on the front end can be a LOT depending on how complex your planning and reporting processes are. Review collected by and hosted on G2.com.

R Scott R.
RR
Director of US Accounting
Enterprise (> 1000 emp.)
"Flexible Reporting and Analysis"
What do you like best about Prophix Software?

The ease of creating simple or complex reports and then a simple process to run/print/analyze monthly. All the processes you configure are very similar so as you set up your instance you are leaning the tools you will use across all modules. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

I don't think there is any downside to using Prophix, we have this distributed to many users and quite a few are non-accounting people that are able to provide data for forecasting without relying on a central team. Review collected by and hosted on G2.com.

Christa L.
CL
Senior Financial Analyst
Enterprise (> 1000 emp.)
"Prophix"
What do you like best about Prophix Software?

Prophix is collabrative and intuitive an easy to pick up Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

There is a wait time when other are updating things Review collected by and hosted on G2.com.

JM
Enterprise (> 1000 emp.)
"Extensive Reporting Solutions"
What do you like best about Prophix Software?

Our company 's reporting structure is always evolving. Prophix allows us to consider multiple options to source data, optimize reports, distribute reports and work within workflows. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Like any system, organization is critical to performance and adoption of new systems. I would like to see additional file system features that allow for grouping, tagging of templates, processes and views. One of our challenges continues to locating the relevant files. I would like to see a unique identifier of any object that can be printed or shown on any report or screen. Review collected by and hosted on G2.com.

Dawar S.
DS
Finance Business Partner / Manager of Product & Technology
Enterprise (> 1000 emp.)
"Creating structure within all financial hierarchies"
What do you like best about Prophix Software?

The best feature is the ability to create different dimensions, and accounts. This allows you to have endless possibilities for the types of reports that you can create and manipulate of data. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

There is often a slower period when many people are using it simultaneously. There are also knowledge gaps and areas of development (dashboard functionalities) that Prophix has not fully developed. Review collected by and hosted on G2.com.

Verified User in Accounting
AA
Mid-Market (51-1000 emp.)
"Solid Software, Medium Learning Curve"
What do you like best about Prophix Software?

The software is robust and simply crushes a lot of data quickly. Once you become familiar with the child/parent relationships, hierarchies and reporting functions, it's actual easy to use, but I'll say the learning curve can be steep. I also love that it's easy to export data to excel, schedule report distributions and change settings on the fly. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Sometimes the cloud version feels clunky and I wish there were more customizations available in the menu. The menu in the on-prem version was much better and it's disappointing it didn't transfer over as nicely. Review collected by and hosted on G2.com.

NC
Enterprise (> 1000 emp.)
"Prophix helps build reports efficiently"
What do you like best about Prophix Software?

Prophix allows us to pull data quickly and efficiently in an organized manner so that it may assist us in our close process. We recommend the use of the software. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix doesn't provide everything that we need to build reports, so we need to use the data from prophix to build the report elsewhere. Very little to dislike. Review collected by and hosted on G2.com.

Verified User in Health, Wellness and Fitness
AH
Mid-Market (51-1000 emp.)
"User Survey"
What do you like best about Prophix Software?

It is intuitive and allows for multiple models Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

It wasn't able to accomodate our machine learning needs. Review collected by and hosted on G2.com.

Verified User in Health, Wellness and Fitness
AH
Mid-Market (51-1000 emp.)
"Great user interface, good reporting software"
What do you like best about Prophix Software?

Prophix allows our business to integrate our data from another source and report directly out of Prophix. The use ability for my position in the company is great. Building Reports directly in Prophix is an easy task and I love the ability to automate not on ly reporting, but forecasting too. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Sometimes we have issues with integration that halt our reporting. Review collected by and hosted on G2.com.

MD
Enterprise (> 1000 emp.)
"Innovative Budget and Forecasting Tool"
What do you like best about Prophix Software?

As a finance manager I can own and control the software whereas larger enterprise systems typically require advanced knowledge of SQL or IT personnel to assist with any updates or new developments to a report. The software is cloud based and relatively easy to use. Prophix provides excellent training and support through their academy as well as a responsive support group one can file help tickets with. I especially like the Detailed Planning Manager module which I use to budget staff at the employee level and feed both the budget and the projection. I've budgeted in other areas of my organization and Prophix really makes the overall experience faster and easier. Additionally, pulling ad hoc views of financial data couldn't be simpler. You move your dimensions around and you have exactly what you need. There is no need to run queries, it's all right there. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Here are a few things that I dislike: When key updates are rolled out, I think the account manager should directly reach to global administrators because these auto emails can get lost in all the other email updates. I also believe modifications to the front-end experience in process manager would be helpful for organizations that use complex and lengthy processes. When larger projects or integrations with new data are taking place, its challenging to get time with developers that is not months away. Lastly, dashboard features in Prophix are not quite as advanced as Power BI. However, this is made up for with its superb scenario planning and integration performance. 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 about 5 years ago

Will there be more MS365 learning videos?

Verified User
G2
Verified User
Last activity almost 3 years ago

How does Prophix leverage Artificial Intelligence for Corporate Performance Management?

Pricing Insights

Averages based on real user reviews.

Time to Implement

4 months

Return on Investment

17 months

Average Discount

11%

Prophix Software Comparisons
Product Avatar Image
Vena
Compare Now
Product Avatar Image
Planful
Compare Now
Product Avatar Image
Workday Adaptive Planning
Compare Now
Prophix Software Features
Budgeting
Forecasting
Planning
Data Analysis
Custom Reporting
Reporting Templates
Version Control
Data Import
Budget Hierarchies
Versioning
Product Avatar Image
Prophix Software