Prophix Software Reviews (219)

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Reviews

Prophix Software Reviews (219)

View 5 Video Reviews
4.4
219 reviews

What do users say?

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

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EE
Erich E.
Manager, Financial Planning and Analysis
Enterprise (> 1000 emp.)
"Flexible and easy to adminster CPM"
4.5/5
What do you like best about Prophix Software?

Our experience with Prophix has been very favorable. We were looking for a tool to centralize our global financial reporting and planning functions and Prophix allowed us to accomplish this at a very reasonable cost vs other applications that were under consideration. The interface is intuitive and easy for end users to complete the required tasks. The web client satisfied our need for a solution that could be implemented globally.We are also able to administer and maintain the tool within the finance function which increased our flexibility and reduced our reliance on IT. The reporting capabilities met our needs and allows us to easily consolidate and present our data in a multi currency environment. We use Prophix for reporting at all levels, from individual business unit data to Board and Executive level reports. We have several connections to other systems to import data and plan on adding more. The drill through capability to this data is also a nice feature. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Template/Report formatting can be quirky, but this seems to improve with new releases/updates. Template creation/updating can be challenging if you need to include multiple data views. It would be better if there were formulas that could point to specific intersections in the database like some other applications. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Verified User in Information Technology and Services
Small-Business (50 or fewer emp.)
"Easy to Administer! Flexible to use - Intuitive for end-users"
5/5
What do you like best about Prophix Software?

Software is very easy to administer, flexible to use and very intuitive for both administration & end users alike.

Prophix lets you create great looking re-usable templates with little to no training required. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

web based administration features, when enabled - limit the feature functionality of their Excel Add-in & SmartClient - in the latest release. This isn't published widely, and isn't disclosed within their interview process. Review collected by and hosted on G2.com.

Verified User in Food Production
AF
Verified User in Food Production
Mid-Market (51-1000 emp.)
"One Source of Truth"
5/5
What do you like best about Prophix Software?

It is really nice to have all of our financial information in one location instead of multiple Excel spreadsheets in multiple places. It is easy to access and easy to compile ad hoc reports as needed. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

It can be difficult sometimes to translate something that you did in Excel to Prophix. Having said that though the CSP team is a great resource to work through those type situations. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Verified User in Insurance
Enterprise (> 1000 emp.)
"Good Planning Product"
3/5
What do you like best about Prophix Software?

The product is fairy Easy to learn and use Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The product does not have advanced visualizations for management reporting Review collected by and hosted on G2.com.

Verified User in Food Production
AF
Verified User in Food Production
Mid-Market (51-1000 emp.)
"One Source of Truth"
5/5
What do you like best about Prophix Software?

Prophix has allowed us to have one source of truth for our Financial reporting, budgeting, and forecasting. It has taken us out of Excel "hell".

Before Prophix, we only completed plans once a year. Now we do a quarterly forecast and a yearly plan. It also allows all departments to participate in the Forecasting/Budgeting process without sending Excel spreadsheets/workbooks all over the Company. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Have no complaints at this point. Prophix is quite good at taking the recommendations of their Clients and incorporating them into an updated version. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Verified User in Insurance
Enterprise (> 1000 emp.)
"Prophix Review"
4/5
What do you like best about Prophix Software?

User friendly, able to input all levels of detail and multiple drill across options to see all details. Able to easily build complex processes and allocations. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

We've found that when we run into issues, we aren't always given detailed reasons as to why the issue occurred. The issue is always resolved eventually, but we'd like to know more in order to troubleshoot better ourselves. This often happens with our month-end data loads (actuals & budget). Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Verified User in Hospital & Health Care
Enterprise (> 1000 emp.)
"Flexible software which allows for more accountability and cross function budgeting."
5/5
What do you like best about Prophix Software?

I love the flexibility of the software and being able to design it to meet any need for the company.

The Dashboarding feature has really helped our end users to adopt the software during non budgeting seasons. They are discovering what the tool can do for them. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Motivating my end users to be excited about the product and not revert back to old ways of doing things. At times the reports can take a lot of time to open. Review collected by and hosted on G2.com.

KC
Kristen C.
Enterprise (> 1000 emp.)
"Best Reporting Software on the MArket"
5/5
What do you like best about Prophix Software?

I love the functionality of what it provides. The reports are beautiful and accurate. The system is easy to learn and maintain. The implementation was easy and the system integrates perfectly with many different ERP's . All of our users were also professionally trained by their staff as well. It is user friendly and we find managers owning their numbers more and being proactive looking into what their current numbers are and not reactive. I enjoy all the upgrade we receive being on the cloud as well. These are at no additional charge too! There is also a group of useers that all talk together and help each other with any issues we have. We can simply message each other if we want and get great ideas and new ideas Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

There is nothing I do not like. I think everything is great. Any issues I had were solved with their customer success team and they are always wanting to teach you more and help with any projects you have in the works or want to accomplish. A few years ago I disliked that I couldn't get a simple response via email if I had an issue. Now they respond how ever you like and make sure you are satisfied with their answer. They really go above and beyond to make sure you receive the help you need and are more than willing to walk you through the resolution of any issues you are having. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Verified User in Financial Services
Enterprise (> 1000 emp.)
"Prophix is a good way to automate repetitive processes"
4.5/5
What do you like best about Prophix Software?

The ability to change the design drivers Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Amendment to some templates which have lot of calculations is difficult Review collected by and hosted on G2.com.

TS
Thomas S.
Mid-Market (51-1000 emp.)
"Improved finance department efficiency"
5/5
What do you like best about Prophix Software?

Shortened month end process considerably. Fairly intuitive to use once using the system for a while. The customer success team are great at providing advice and providing bespoke support to upskilling admin users. So much potential in the system and enjoy spending time thinking about how the system could solve issues we experience as an organisation. Relatively easy for al users, even outside of 'super users', to get on board with the basics. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Takes a little bit of time to get to grips with but worth the investment. Once out of the first 6 months or so, system begins to feel like second nature. Review collected by and hosted on G2.com.