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

"Great forecasting & reporting tool"

What do you like best about Prophix Software? Prophix is quick to implement and can be maintained with little IT support What do you dislike about Prophix Software? Template Studio reporting building is good, but wish it had more excel like functionality What problems is Prophix Software solving and how is that benefiting you? Ease of forecasting and analyzing data

"Great Budgeting and Reporting Software"

What do you like best about Prophix Software? Working with the Prophix team. They are always willing to go the extra mile to answer questions and make sure that you have success with their product. Calls are always returned in a timely manner. If necessary, they successfully escalate questions up their chain of command to make sure that you receive the information you need. Our company's budgeting and reporting needs have been fully met with Prophix. The templates allow for quick monthly ...

"Nice product - much better than predecessor, but still some limitations"

What do you like best? Nice interface. Easy to use. Good customer support team. Great online resources to get you going and help you explain the tools to other users, *LOVE* Prophix for Excel as a really easy way to bridge the gap between new and old methods of budgeting in the transition phase. What do you dislike? Some learning curve - mainly due to complications in our business and oddities in how we want to do things. WE do have LOTS of calculations and found Standard Calcs caused poor ...

"Nice product - much better than predecessor, but still some limitations"

What do you like best about Prophix Software? Nice interface. Easy to use. Good customer support team. Great online resources to get you going and help you explain the tools to other users, *LOVE* Prophix for Excel as a really easy way to bridge the gap between new and old methods of budgeting in the transition phase. What do you dislike about Prophix Software? Some learning curve - mainly due to complications in our business and oddities in how we want to do things. WE do have LOTS of ...

"Streamlined budgeted, monthly reviews and forecasting."

What do you like best about Prophix Software? Ease of use for non finance user. Prophix support is the best in the business. What do you dislike about Prophix Software? Sometimes is slow. Receive different answers for problems from different consultants Recommendations to others considering Prophix Software: Make sure to get a great consultant preferably from Prophix to help with implementation. Be very specific with set up. What problems is Prophix Software solving and how is that ...

"Streamlined budgeted, monthly reviews and forecasting."

What do you like best? Ease of use for non finance user. Prophix support is the best in the business. What do you dislike? Sometimes is slow. Receive different answers for problems from different consultants Recommendations to others considering the product: Make sure to get a great consultant preferably from Prophix to help with implementation. Be very specific with set up. What problems are you solving with the product? What benefits have you realized? We have shortened the budget cycle.

"Financial Consolidations Made Eaisier"

What do you like best about Prophix Software? Ease of Use and Overall Processing Speed What do you dislike about Prophix Software? At the present time, there really isn't anything I dislike about the software Recommendations to others considering Prophix Software: We currently operate in 8 foreign countries and are adding another two this quarter. Prophix allows us to quickly perform our financial consolidations (including several levels of inter-company eliminations) on a monthly ...

"Very flexible tool brings great efficiency to the office of finance"

What do you like best about Prophix Software? Very flexible tool for analyzing, managing, flexing, and reporting data, both financial and non-financial. I have developed multiple models that has greatly improved our business goal of "one version of the truth". Business processes are able to be applied simply across multiple data sets to analyze financial and non-financial information alike in a common platform. What do you dislike about Prophix Software? There are not enough hours in the ...

"Great CPM Tool"

What do you like best about Prophix Software? This is a highly flexible tool for ad hoc reporting! Our implementation was flawless with very professional consultants. Great for financial report to start and determine future needs once you are familiar with how Prophix works. What do you dislike about Prophix Software? There is not really anything I dislike about the product. You can do just about anything with it. Recommendations to others considering Prophix Software: I highly recommend ...

"Dynamic budgeting - Limited Data Analysis"

What do you like best? The ability to drill across to the SQL server has saved our company a lot of time and hassle. The ability to move our budget process from excel documents to Prophix has reduced errors, shortened the timeline and increased transparency in our budgets. The ad hoc reporting has become much more dynamic and What do you dislike? There is very limited excel functionality, and there is also no ability to view actual expenses in comparison to the line item detail level that ...