Prophix One Financial Performance Platform
Prophix SoftwareReviews from AWS customer
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Robust and Flexible Product with Great Support
What do you like best about the product?
Overall robustness of the product and ability to provide solutions.
What do you dislike about the product?
Complexity of setup. It can be a hard software to set up and learn.
What problems is the product solving and how is that benefiting you?
We are using Prophix for our monthly WIP, montly financials, cash flow projections, and budgeting and forecasting.
Very easy software that allows for manipulation.
What do you like best about the product?
You can run adhoc reports any way you like
What do you dislike about the product?
I can't think if anything at this time. I don't have any.
What problems is the product solving and how is that benefiting you?
I have none at this time.
Prophix Makes Financial Management Easier
What do you like best about the product?
I really appreciate how intuitive Prophix is for financial planning and reporting. The interface is clean and user-friendly, which makes it easy to build and manage budgets or forecasts. Plus, the automation features save a ton of time, especially when it comes to consolidating data across multiple departments or business units. It’s also flexible enough to tailor to specific needs, which is great for companies of different sizes and industries.
What do you dislike about the product?
One thing I’d say could be improved is the initial learning curve. While the interface is user-friendly, some of the more advanced features can be a bit tricky to get the hang of without proper training. The setup process can also be a bit time-consuming, especially if you’re trying to integrate it with other systems. Once you’re past that, though, it works really smoothly!
What problems is the product solving and how is that benefiting you?
It solves the problem of managing complex financial data from multiple sources and consolidating it in a way that’s easy to analyze. The automation of routine tasks, like report generation and data entry, has saved a lot of time and reduced human error. The direct connection with CMIC has been life changing.
Prophix Consultant Review
What do you like best about the product?
Prophix is a very flexible, fast and almost bug-free tool.
What do you dislike about the product?
Some minor quality of life things, like filter columns in a report.
What problems is the product solving and how is that benefiting you?
The product helps customers solve almost every problem they have with the budgeting and forecasting process
Opportunity
What do you like best about the product?
Prophix gives us ease of handling data.
What do you dislike about the product?
Sometimes the performance of Prophix makes me a little upset.
What problems is the product solving and how is that benefiting you?
Prophix manages the entire financial situation requested by the client, creating views and monitoring budget forecasts.
Solid Product and Great Customer Service
What do you like best about the product?
The overall functionality and robust solutions the product offers.
What do you dislike about the product?
It's a bit of a steep learning curve up front to learn how to build out the software.
What problems is the product solving and how is that benefiting you?
We're using Prophix for our monthly WIP reporting, all our financial reporting and budgeting and forecasting. We also implemented a number of dashboards for our executives and managers.
Amazing support and implementation
What do you like best about the product?
What I like best about Prophix Software is that it has made our closing process more efficient, allows us to centralize all of our data (not just financial), and that the support team has been excellent. No matter who I have interacted with whether from sales, onboarding, support, or programming, ALL of them have been patient, kind, and professional.
What do you dislike about the product?
Nothing bad to say about Prophix. Genuinely love the software;.
What problems is the product solving and how is that benefiting you?
The biggest problem that Prophix is solving for us is it is centralizing all of our data and allowing us to compare data much faster.
Prophix Depends on the size of the company
What do you like best about the product?
I would say that the version control and the amount of features are the biggest pros to this software. Prophix customer support is always available and helpful. The software is also used by managers to check the status of their budgets on their time.
What do you dislike about the product?
I don't believe that Prophix is the easiest software to use. The UI of this system could use some work. Implementation was a long process and I don't believe it was handled correctly with my team, as most team members were not involved in the implementation.
What problems is the product solving and how is that benefiting you?
The main issue that Prophix solved is allowing us to have better version control of our budgets and forecasts. This is allowing us to close quicker and have one source of the truth. We are also able to spend more time on other things because managers are able to see the transactions instead of asking the finance and accounting department for a listing of transactions.
Intuitive Financial Reporting and Planning Tool
What do you like best about the product?
An easy to use cloud based environment, that is very intuitive in the ability to aggregate and report data.
What do you dislike about the product?
There does pose some challenge in the overall setup and deployment to users, however once the models/cubes are setup the software remains pretty seamless.
What problems is the product solving and how is that benefiting you?
As we have various users and stakeholders the ability to aggregate user input was a key requirement, as using excel to consolidate the various data points generally is more error prone.
An excellent suite for financial control
What do you like best about the product?
The way its models are created, with great flexibility, and their attractive layout are certainly their strong points.
What do you dislike about the product?
The loading speed of some pages with a lot of data could be optimized, something around 40 thousand lines in a detailed planning can take minutes to load.
What problems is the product solving and how is that benefiting you?
It provided agility and security of information
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