Prophix Software Reviews in February 2025: User Ratings, Pros & Cons

"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 Software's Impact on Budgeting, Forecasting, and Operational Efficiency""

What do you like best about Prophix Software? As a chartered professional accountant with financial system knowledge, I appreciate the ability to own and control Prophix Software, unlike larger enterprise systems that typically necessitate advanced knowledge of SQL OR MDX or Financial systems personal for updates and report developments. The DPM module, which allows budgeting with complex employees head count for different shift hours integration of budgets and projections, is particularly ...

"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 ...

"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 ...

"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. What do you dislike about Prophix Software? Sometimes we have issues with integration that halt our reporting. What problems is Prophix Software solving and ...

"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. 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 ...

"Kate Review"

What do you like best about Prophix Software? Functionality, ease of use, the look of the data, etc. What do you dislike about Prophix Software? I wish that you could view invoices within Prophix itself. Recommendations to others considering Prophix Software: None What problems is Prophix Software solving and how is that benefiting you? I am helping improve our expense planning, appropriately classify items. etc.

"Good System, Good Support"

What do you like best about Prophix Software? Ease of use. When issues arise the vendor support system is really good. What do you dislike about Prophix Software? One section of the system only accepts xls files for upload. What problems is Prophix Software solving and how is that benefiting you? We use Prophix for payroll, opex, revenue and capital budgeting.

"Great for budget setting and reporting"

What do you like best about Prophix Software? Easy to set up and use, importing and transferring data is simple and there is no manual intervention needed in producing monthly reports. Monthly reports are available on the dashboards for budget holders who can then open their report from a chart and drill down into the details. What do you dislike about Prophix Software? The only slightly negative thing with Prophix is the colour palette available for charts in the dashboard, it is a bit ...

"Great Product!"

What do you like best about Prophix Software? How dynamic the system is. It's very easy to access. What do you dislike about Prophix Software? Nothing! The system works great and has changed the way we analyze our busines What problems is Prophix Software solving and how is that benefiting you? Budgeting and forecasting has been the biggest one. We streamlined several processes and cut the budgeting timeline in more than half.