Prophix Pricing, Features, Reviews & Comparison of Alternatives

Prophix

Automate & streamline corporate performance management

4.38/5 (16 reviews)

Prophix overview

Prophix is a corporate performance management (CPM) software which allows organizations to automate and integrate their planning, budgeting, forecasting, financial consolidation, and reporting activities on a single platform. The platform harnesses data for richer, more relevant analysis, while improving operational efficiencies and providing visibility into all levels of the organization.

Prophix enables organizations to automate their budget submission and review process with improved accuracy by pulling data directly from the G/L (general ledger). Users can get a true depiction of personnel costs by employee and by department for planning purposes and automate important calculations. Prophix helps identify revenue trends and enables users to create alternative scenarios to determine the best courses of action. Additional planning capabilities include cash flow planning, capital expense planning, and integrated financial planning.

The solution includes self-serve dashboards and visualizations that integrate directly into data. Users can measure and monitor performance, as well as create reports and charts to drill into detailed data. Visual and tabular navigation features allow users to surface key data and insights more intuitively. Profitability analysis helps organizations discover which products, channels, services, or customers should be maintained, adjusted or discontinued.

Prophix automates repetitive business processes such as allocations, data imports, consolidation, and currency conversion and ensures that organizations adhere to applicable standards and policies. The platform integrates with data directly from multiple sources using built-in account mapping features. Workflow and collaboration features allow users to assign tasks and facilitate approvals from stakeholders.
www.prophix.com

Pricing

Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Brazil, Canada, Europe, Germany and 3 other markets, Latin America, Middle-East and Africa, United Kingdom

Supported languages

English
Prophix screenshot: View a number of visualizations via the dashboard for analyzing the health of the businessCorporate Performance Management by ProphixProphix screenshot: Monitor workflow project status and activity performance Prophix screenshot: Print ad hoc reports or use visualizations to display data in an interactive format for business analysis and decision makingProphix screenshot: Improved organizational agility with increased accuracy and consistency Prophix screenshot: Feed operational plans by evaluating key profitability measures such as profit margins, gross profit, operating profit, pretax profit, net profit, and profit and loss statementsProphix screenshot: Plan and model sales strategies and ensure timely execution of sales initiativesProphix screenshot: All performance management needs are accessible via the home dashboard

Prophix reviews

Excellent
7

Very good
9

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.2
  4.4
  3.8
  4.4
Tiffany Montes

Nice System

Used daily for 2+ years
Reviewed 2017-08-17
Review Source: Software Advice

Prophix is a great system for organizing all of the financial information in a useful manner. It allows for easy manipulation of reports and viewing various different areas in a very quick time period. It's great for allowing all to budget on their own specific areas and have it all roll up into one. It also allows easy personnel planning.

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Chris Lesch

Help your users help themselves!

Reviewed 2015-11-25
Review Source: Software Advice

Prophix is a great software that is very multifunctional. You can use it for many different applications and design it to be as complicated or simple as your needs dictate. Our installation uses a function labeled Relational Data Views and allows users to drill into a total on a P&L and view the transactions from the GL system that make up the balance. This frees up Accounting from answering simple questions and allows the users to contact us less frequently.

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Steve Anderson

Awesome CPM tool!

Reviewed 2015-11-24
Review Source: Software Advice

I like the simplicity that Prophix brings to its software. Building on OLAP cube technology, data can be sliced and diced as much as you like. They have an outstanding product feedback function, where users can request enhancements to the tool. In fact, many of the enhancements are customer driven. Total cost of ownership is low, including initial price point.

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Anonymous

Prophix for Budgeting

Used monthly for 1-2 years
Reviewed 2017-12-21
Review Source: Capterra

Great price and the Helpdesk has been prompt and wonderful every time I have needed them. Dynamic information and ability to drill to specified levels of information. I think if we had a full team or at least an employee who's full time job was to manage and maintain this system it would be great. It is dynamic and multidimensional, as someone who uses it regularly with IT experience, I find it to be a good tool. I like that we can add comments and Line item details to our Budgets and flow information through our versions if need be.

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Michael Stokes

Early implementer but so far the Prophix team has been there every step of the way.

Used weekly for 1-2 years
Reviewed 2018-07-19
Review Source: Capterra

This was a welcome replacement of two separate unsupported software packages. I really like the flexibility and ability to get all of our financial reporting, budgeting, KPI data on one platform.

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Prophix pricing

Pricing options
Subscription
View Pricing Plans

Contact Prophix for detailed pricing information.

Prophix features

Activity Dashboard
Reporting & Statistics
Workflow Management

API (410 other apps)
Activity Tracking (184 other apps)
Audit Trail (167 other apps)
Auditing (248 other apps)
Automatic Notifications (302 other apps)
Compliance Management (188 other apps)
Custom Fields (176 other apps)
Customizable Reporting (238 other apps)
Data Import/Export (236 other apps)
Document Storage (180 other apps)
Inventory Management (192 other apps)
Inventory Tracking (195 other apps)
Invoice Management (180 other apps)
Monitoring (180 other apps)
Multi-Location (159 other apps)
Real Time Data (209 other apps)
Third Party Integration (213 other apps)

Additional information for Prophix

Key features of Prophix

  • Forecasting
  • Mid-year recasting
  • Multi-format integration
  • Scheduling
  • Industry specific configuration
  • Sales reports
  • Save past reports
  • Scheduled / automated reports
  • Ad hoc reports
  • Risk management
  • Profitability optimization
  • Strategy mapping
  • Workflow & automation
  • Consolidation & close
View All Features

Benefits

Prophix offers visibility into all levels of the organization while empowering business leaders to improve their operational performance.

Reduce business risks with improved budgeting, planning, and forecasting processes across the organization.

Automate budget submission and review processes through appropriate workflows and improve budget accuracy.

Prophix allows users to build a custom dashboard relevant to a specific user's role and responsibilities with a few clicks or taps.

Profitability analysis features help users decide which services, products, channels, or customers should be maintained, adjusted, or discontinued.