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

"Prophix for FP&A"

What do you like best about Prophix Software? Good Application for Financial Reporting planning and analysis, Prodct, Support What do you dislike about Prophix Software? Nothing as such there is perfect support if somehting goes wrong What problems is Prophix Software solving and how is that benefiting you? Forecasting, Budgetiing, Business Review reporting

"Consolidations made easy with Prophix"

What do you like best about Prophix Software? Ability to set up your company structure (legal entities, sectors, etc.) in a way that makes the consolidation process pain-free and automated each month. It is easy to add/remove/alter the structure you have built as a result of corporate reorganizations or acquisitions/divestitures. What do you dislike about Prophix Software? The product struggles with processing assumptions entered to build forecast or budgeted balance sheets and cash flow ...

"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. 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 ...

"Prophix a tool that supports"

What do you like best about Prophix Software? What I like most about Prophix is, how user friendly it is. The user interface is very easy to nagivate and the help section is very informative even for non financial people. What do you dislike about Prophix Software? There is not much I do not dislike about Prophix but if I had to pick something would be not having a place to export with keys and names. This has been a challenge. What problems is Prophix Software solving and how is that ...

"2023 Review"

What do you like best about Prophix Software? The ability to build custom automated reports and the accessibility to do so as well. Their customer service is amazing as well. Comparing this to just the base system we use for accounting is not even there What do you dislike about Prophix Software? Just diving in and seeing all of the capabilities of this software at first is difficult. It is probably not a prophix issue because they are always offering more training and services but more of ...

"Prophix - User Friendly Budgeting/Forecasting/Organizational Profitability Software"

What do you like best about Prophix Software? Easy to use. Very similar to Excel so learning curve is muted. What do you dislike about Prophix Software? The Excel Add-In is only available via Office 365....should be available to other versions of Excel (at least the newer versions)... What problems is Prophix Software solving and how is that benefiting you? Information distribution

"Prophix"

What do you like best about Prophix Software? Centralized Data that all reports pull from so don't have to worry about updating multiple reports when an assumption or input changes. Ease of accessing infomration in a user friendly way. Cloud based for users to be able to access their financial reports. No more emailing out several different files to different users. What do you dislike about Prophix Software? Limited Customization for Visuals Support can be slow What problems is Prophix ...

"Mostly building reports and distribution."

What do you like best about Prophix Software? Building reports, support, and service.... What do you dislike about Prophix Software? Cloud version can be slow at times...... What problems is Prophix Software solving and how is that benefiting you? Financial management.

"Great software, easy to use, powerful"

What do you like best about Prophix Software? Budgeting is easy to use. Forecasting is easy to use and set up new scenarios. Consolidation works flawlessly. What do you dislike about Prophix Software? Nothing, really like the software. No issues using or implementing. What problems is Prophix Software solving and how is that benefiting you? Prophix helped us to become better and more efficient at budgeting and forecasting.

"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. What do you dislike about Prophix Software? Sometimes the cloud version feels clunky and I wish ...