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

"Powerful, flexible reporting tool"

What do you like best about Prophix Software? This is powerful and flexible software that can report on almost anything! It can pull data from multiple sources and compile, present, and analyse it in an almost infinite number of different ways. Use it for reviewing variances year on year, or any other period(e.g. quarter, month) or budget vs actual, or generate your annual financial statements- name your reporting requirement, this program can do it. There's also lots of options for ...

Great finance tool

PROS & CONS What are the best aspects of this product? I like that the software is intuitive and easily adjusts to what we need in terms of design. What aspects are problematic or could work better? It would be so much better if the reports produced by Prophix opens a lot quicker, which can encourage our teams to use the software more often. What specific problems in your company were solved by this product? Prophix enables us to promptly cull accurate information. We've been able to ...

Efficient financial tool

PROS & CONS What are the best aspects of this product? I like that Prophix is helping us with our forecasts at regular period intervals in the year. The analysis is spot on so we're able to make more informed decisions with our financial data. What aspects are problematic or could work better? It would be even better if the backend process, especially in terms of importing data, could be a lot smoother. What specific problems in your company were solved by this product? We didn't have to ...

"Flexible software which allows for more accountability and cross function budgeting."

What do you like best about Prophix Software? I love the flexibility of the software and being able to design it to meet any need for the company. The Dashboarding feature has really helped our end users to adopt the software during non budgeting seasons. They are discovering what the tool can do for them. What do you dislike about Prophix Software? Motivating my end users to be excited about the product and not revert back to old ways of doing things. At times the reports can take a lot of ...

Good efficiency tool

PROS & CONS What are the best aspects of this product? I like that Prophix is a web-based platform where we can store our data and access it anytime we need to and create reports based on what we have. It spares us a lot of time and manpower for tracking projects and expenses, compensation, and planning for investments and restructuring. What aspects are problematic or could work better? It would help if there are tips to see us through the many featured options, so we know what's useful ...

Good efficiency tool

PROS & CONS What are the best aspects of this product? I like that Prophix is a web-based platform where we can store our data and access it anytime we need to and create reports based on what we have. It spares us a lot of time and manpower for tracking projects and expenses, compensation, and planning for investments and restructuring. What aspects are problematic or could work better? It would help if there are tips to see us through the many featured options, so we know what's useful ...

User-focused solution

PROS & CONS What are the best aspects of this product? I like that Prophix is a user-focused solution because it's easy to use and set up. Their customer support team always replies to our inquiries and quickly comes up with helpful solutions to our concerns. What aspects are problematic or could work better? I don't have any at all. What specific problems in your company were solved by this product? It initially solved our issues about budget tracking and planning, and not having to update ...

Huge improvement from the old system

PROS & CONS What are the best aspects of this product? I like that we're able to quickly design original reports according to what's needed. What aspects are problematic or could work better? It would be helpful if we can be provided a print copy of the manual. What specific problems in your company were solved by this product? Easing our teams off the burden of manual inputting and reports. With the templates, our reports are easier to build and distribute. Instead of painstaking excel, ...

"Great Software"

What do you like best about Prophix Software? Once you get used to it Prophix is a great tool to analyse not just financial information but other data too. Quick to manipulate and drill into details, it has really helped with consolidating our information from a global perspective What do you dislike about Prophix Software? it is not excel, some people will say this is a good thing but as an experienced excel user it can take a bit of adjusting to What problems is Prophix Software solving ...

"Prophix Software Expeditor"

What do you like best about Prophix Software? Prophix Software has the ability to expedite financial reporting ... what was once a weekly has become a daily. What do you dislike about Prophix Software? I dislike the missing templates ... expected there would be more in the library ... not so easy to create items from nothing ... better to start with something. Recommendations to others considering Prophix Software: Very good place to begin when the goal is to automate the Financial ...