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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Verified User in Construction
AC
Verified User in Construction
Mid-Market (51-1000 emp.)
"Great FP&A software"
4/5
What do you like best about Prophix Software?

Prophix has a great deal of out of the box functionality that is useful over a broad range of industries. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix uses a unique MDX code for some formulas which can be confusing. Review collected by and hosted on G2.com.

Verified User in Broadcast Media
AB
Verified User in Broadcast Media
Mid-Market (51-1000 emp.)
"Financial Planning and Reporting Software that is easy to use and maintain"
5/5
What do you like best about Prophix Software?

Prophix software is very user friendly and extremely easy to maintain. Implementation was quick and easy. Integration with ERP's is seemless. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

There aren't any downsides to the software. If you come across any, it probably is due to how you set up the system. Review collected by and hosted on G2.com.

Verified User in Insurance
AI
Verified User in Insurance
Enterprise (> 1000 emp.)
"Prophix: Do it all financial software"
5/5
What do you like best about Prophix 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 intuitive the interface is. The financial reporting, planning and budgeting tools are what drew us to the software and Prophix offers a complete, comprehensive suite of tools for all of these needs. I've only had very positive experiences with customer support and the staff seems to be extremely friendly. My department uses this tool daily and it has been a success story with our organization. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

I would like to see more of a focus on financial projections and predictive budgeting. Prophix has some tools capable of this but none have been able to replace our Excel models just yet. Machine learning seasonality would be a huge benefit to expense spreading. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Verified User in Computer Software
Small-Business (50 or fewer emp.)
"Excellent Planning Features That Streamline Our Workflow"
4/5
What do you like best about Prophix Software?

Planning financials statements like PnL BS, CF Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Cant tell

Yet. Need a download first of the model Review collected by and hosted on G2.com.

AB
Alexandra B.
Senior Financial Analyst
Enterprise (> 1000 emp.)
"User friendly"
4.5/5
What do you like best about Prophix Software?

I find Prophix to be much more user-friendly then previous software I have used. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

My only complaint is how long it takes to load Prophix using our GL software. I believe that is an issue on our end with our current process however, so we are working to correct that with the help of Prophix support Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
EN
Verified User in Non-Profit Organization Management
Mid-Market (51-1000 emp.)
"Excellent Forecasting and Budgeting Tool"
5/5
What do you like best about Prophix Software?

Information gathering from operational departments can be time consuming. Prophix is easy to learn and use by operational departments reducing the workload on the finance team. Prophix allows for "self serve" when it comes to reviewing actual monthly results. The dashboards are great to Executive review and oversight. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Learning how to create reports can be time consuming Review collected by and hosted on G2.com.

Anna L.
AL
Anna L.
Financial Analyst
Mid-Market (51-1000 emp.)
"Prophix Makes Financial Management Easier"
3.5/5
What do you like best about Prophix Software?

I really appreciate how intuitive Prophix is for financial planning and reporting. The interface is clean and user-friendly, which makes it easy to build and manage budgets or forecasts. Plus, the automation features save a ton of time, especially when it comes to consolidating data across multiple departments or business units. It’s also flexible enough to tailor to specific needs, which is great for companies of different sizes and industries. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

One thing I’d say could be improved is the initial learning curve. While the interface is user-friendly, some of the more advanced features can be a bit tricky to get the hang of without proper training. The setup process can also be a bit time-consuming, especially if you’re trying to integrate it with other systems. Once you’re past that, though, it works really smoothly! Review collected by and hosted on G2.com.

Verified User in Accounting
AA
Verified User in Accounting
Mid-Market (51-1000 emp.)
"Unlocked Potential"
4/5
What do you like best about Prophix Software?

The most important part about Prophix, is that it has become a one stop shop for our Actuals and Plan data. The cohesiveness of the system along with the ability to collaborate with department leads allows for the data to be more accessible, and accurate. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

While Prophix is a very robust tool, that is it's same pitfall. Users who are not constantly utilizing Prophix, will find it difficult to navigate and burden falls on the administrator or other advanced users to assist less frequent users. Essentially, like any other software, practice makes perfect. Review collected by and hosted on G2.com.

Verified User in Oil & Energy
AO
Verified User in Oil & Energy
Small-Business (50 or fewer emp.)
"workable"
3.5/5
What do you like best about Prophix Software?

the ai features looks promising. support is very helpfull Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

limited features on workflows and various other limitations Review collected by and hosted on G2.com.

Verified User in Consumer Goods
AC
Verified User in Consumer Goods
Enterprise (> 1000 emp.)
"Innovative Product with Useful Reporting"
4.5/5
What do you like best about Prophix Software?

Prophix is really good at allowing its users to build reports quickly, or take currently existing reports and turn them into a different view in a short time. Distributing reports to end users is really easy through the Report Binder tool. The management of changes in accounts and business units are easy to make. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The administration and process side of prophix can be a headache when things break or wipes the cube of all data, it can be hard to audit what went wrong and why. Review collected by and hosted on G2.com.