Prophix One Financial Performance Platform
Prophix SoftwareReviews from AWS customer
0 AWS reviews
-
5 star0
-
4 star0
-
3 star0
-
2 star0
-
1 star0
External reviews
210 reviews
from
External reviews are not included in the AWS star rating for the product.
Prophix for FP&A
What do you like best about the product?
Good Application for Financial Reporting planning and analysis, Prodct, Support
What do you dislike about the product?
Nothing as such there is perfect support if somehting goes wrong
What problems is the product solving and how is that benefiting you?
Forecasting, Budgetiing, Business Review reporting
Extensive Reporting Solutions
What do you like best about the product?
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 the product?
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 challenges continues to locating the relevant files. I would like to see a unique identifier of any object that can be printed or shown on any report or screen.
What problems is the product solving and how is that benefiting you?
Prophix has allowed our company to distribute a wide variety of information to many users quickly. It also forces us to keep data systems updated. More specifically Prophix has replaced an aging Accounting and Budgeting tool with a highly flexible and innovative tool. We are always looking to adopt new features to better our processes. Our company did not want to outgrow it's primary reporting tool.
Prophix a tool that supports
What do you like best about the product?
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 the product?
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 the product solving and how is that benefiting you?
Prophix is doing a great job with comparing budget to actuals in one view. It also helps with the forecast process by bringing in employees with calculation. The automation has been helpful.
Prophix - User Friendly Budgeting/Forecasting/Organizational Profitability Software
What do you like best about the product?
Easy to use. Very similar to Excel so learning curve is muted.
What do you dislike about the product?
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 the product solving and how is that benefiting you?
Information distribution
Prophix
What do you like best about the product?
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.
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 the product?
Limited Customization for Visuals
Support can be slow
Support can be slow
What problems is the product solving and how is that benefiting you?
Gets us out of Excel and eliminates the risk of version control or multiple reports needing to be updated. Also manages our budget workflow for us.
Mostly building reports and distribution.
What do you like best about the product?
Building reports, support, and service....
What do you dislike about the product?
Cloud version can be slow at times......
What problems is the product solving and how is that benefiting you?
Financial management.
Solid Software, Medium Learning Curve
What do you like best about the product?
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 the product?
Sometimes the cloud version feels clunky and I wish there were more customizations available in the menu. The menu in the on-prem version was much better and it's disappointing it didn't transfer over as nicely.
What problems is the product solving and how is that benefiting you?
I wouldn't necessarily call it a "problem" - Prophix is our primary financial management tool and we've used it for nearly a decade. It's benefitted us immensely by giving us confidence in our reporting regardless of our data source.
Flexible Reporting and Analysis
What do you like best about the product?
The ease of creating simple or complex reports and then a simple process to run/print/analyze monthly. All the processes you configure are very similar so as you set up your instance you are leaning the tools you will use across all modules.
What do you dislike about the product?
I don't think there is any downside to using Prophix, we have this distributed to many users and quite a few are non-accounting people that are able to provide data for forecasting without relying on a central team.
What problems is the product solving and how is that benefiting you?
We are able to get new users up and running quickly. The ability to analyze accounts and retrieve detail quickly allows us to respond quickly. The forecasting we are able to do was not possible in Excel spreadhseets and the quality of the data is much better as it comes directly from the stakeholders.
Prophix Gives Us a Significant Advantage!
What do you like best about the product?
Prophix is incredibly flexible, and we are limited only by our imagination. It also allows us to overcome our ERP's financial and budgeting deficiencies.
What do you dislike about the product?
"Dislike" feels a little strong, but I wish the platform's report and dashboard format options were as strong as Excel's.
What problems is the product solving and how is that benefiting you?
Our ERP makes it challenging to pull financial information on an ad hoc basis, and there are some things it is unable to report. Prophix solved that for us.
Unlocked Potential
What do you like best about the product?
The most important part about Prophix, is that it has become a one stop shop for our Actuals and Plan data. The cohesiveness of the system along with the ability to collaborate with department leads allows for the data to be more accessible, and accurate.
What do you dislike about the product?
While Prophix is a very robust tool, that is it's same pitfall. Users who are not constantly utilizing Prophix, will find it difficult to navigate and burden falls on the administrator or other advanced users to assist less frequent users. Essentially, like any other software, practice makes perfect.
What problems is the product solving and how is that benefiting you?
Real-time reporting. Budgeting and planning. Version control. Year-over-year comparatives. Collaboration between accounting and departments. Rollup of financials at month-end.
showing 51 - 60