Lucanet vs Prophix: Which is a better fit?

Lucanet is an excellent tool for financial reporting requirements. Its chart of accounts, general ledgers, budget, forecast and variance analysis capabilities are very good.

The operation is not similar to other software/difficult to learn. Managing Tasks i.e. missing to restart a group together.

Luis L

Partner

I like the wide range of service providers that can help with the implementation and the consulting team at Lucanet was very helpful.

The drilldown very often shows too many accounting transactions which makes analysis sometimes difficult.

Great solution for Middle Market companies looking for a solution with high agility, performance, ease of use and low TCO.

The implementation for consolidation was not easy and you need to input Information twice, making everything more difficult.

Lucanet is very easy to understand. The performance and interaction with the existing accounting programm is very good.

Problems with the historic Data, leading to unlear entries.

Prophix has help us with better business partner during our budgeting process through there workflow and template process, which are great and easy to use.

Many of our managers do not use our system regularly since the Product can be a little confusing for end users that are not in the IT or accounting world.

Great price and the Helpdesk has been prompt and wonderful every time I have needed them. Dynamic information and ability to drill to specified levels of information.

Laurie L

Lead Program Accountant

Reporting is difficult to me, but I don't think this is the feature of the software.

The consultants and our current CSM are friendly and genuinely seem to care about our success, whether the product works properly or not. They try to find workarounds and are good communicators.

Some formulas are not flexible as Excel. For instance, it is hard to apply seasonality for sales forecast.

I also find their roadmap impressive, in that they are already thinking and planning some great developments for the future.

Almost anything is possible with the right approach though. They are based in Canada with a limited presence and customer base in Europe, and sometimes can feel very North-America specific.