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

"IT Financial Analyst."

What do you like best about Prophix Software? I like that is a big database to store financials. It is better than a ton of spreadsheets. I love setting up tasks to be pushed out. What do you dislike about Prophix Software? The limitations of if I want to see the total of financials in a department forecast/budget then the option of Line Item details goes away unless I select Unspecified. inconsistency in how to do the same functions. To submit is in a different location on template vs dpm ...

"Budgeting and reporting fundamentals are well covered with Prophix Software."

What do you like best about Prophix Software? - Prophix Software facilitates the entering, review of and consolidating data across a number of projects, departments, locations and companies. - The ease of loading and comparing budget versus actual financial performance - The look and feel of EXCEL - Ability to attach source documents and record budget assumptions What do you dislike about Prophix Software? - Prophix Software can be 'glitchy' in that applications or reports launched can ...

"IT Financial Analyst."

What do you like best about Prophix Software? I like that is a big database to store financials. It is better than a ton of spreadsheets. I love setting up tasks to be pushed out. What do you dislike about Prophix Software? The limitations of if I want to see the total of financials in a department forecast/budget then the option of Line Item details goes away unless I select Unspecified. inconsistency in how to do the same functions. To submit is in a different location on template vs dpm ...

"Prophix Review"

What do you like best about Prophix Software? I like the easy of the tool and the adhoc abilities. It's easy to use and build reports off of. It's also very convenient for budgeting proposes. What do you dislike about Prophix Software? The tool itself has some bugs that I need to work out and doesn't run as smoothly as it should. What problems is Prophix Software solving and how is that benefiting you? Variance analysis and budgeting.

"Prophix Review"

What do you like best about Prophix Software? Good Personnel Budget and estimating Tool. What do you dislike about Prophix Software? It doesn't have a cloud version yet. Maybe in 2018 Recommendations to others considering Prophix Software: week training may not be enough time What problems is Prophix Software solving and how is that benefiting you? Budgeting Cut my time in budget by 2 weeks

"A configurable product easily maintained by the business users "

What do you like best about Prophix Software? The product doesn't require IT intervention except for the initial setup, backup, and the version upgrades. The tool used for designing reports is spreadsheet based and have some of the Excel functionalities built in. Setting up a process doesn't require any script knowledge and only drop down menus are used which makes it easy to setup and maintain. The helpdesk is quick to respond and the analysts are very knowledgeable. The product is ...

"Prophix Review"

What do you like best? Good Personnel Budget and estimating Tool. What do you dislike? It doesn't have a cloud version yet. Maybe in 2018 Recommendations to others considering the product: week training may not be enough time What problems are you solving with the product? What benefits have you realized? Budgeting Cut my time in budget by 2 weeks

"Very flexible system, wish performance was better"

What do you like best about Prophix Software? Flexible system that I can make changes to without needing to go to IT. Also sits on Microsoft solution stack, which is what we use, so it makes it easy to access not only via Prophix, but directly via other means such as SQL/MDX queries or Excel pivot tables and CUBE functions What do you dislike about Prophix Software? Performance is still a problem for me - there seems to be a lot of overhead. Also, when doing heavy duty MDX calculations, it ...

"Generally favorable with a few quirks"

What do you like best about Prophix Software? The ad hoc function is by far the best. Love the ability to slice and dice satay easily and quickly and accurately. What do you dislike about Prophix Software? Software comes with some quirks like inability to function accurately with alternate hierarchies and speed/performance with calculations. What problems is Prophix Software solving and how is that benefiting you? Immediate and on the fly analysis during budgeting season. All our data is ...

"Strong for financial budgeting, reporting and consolidation"

What do you like best about Prophix Software? The report builder called template studio, this is an Excel style report builder which is very easy and user friendly but allows you to create very powerful templates. The workflow manager allows you to create for example a budget process, which consists of various steps, you can set dependency and monitor the progress. Financial controller is a module for financial consolidation, you can set up various types of ownership, link it to specific ...