Strategic Planning Software
Prophix
spotlight

Prophix

by Prophix Software
by Prophix Software
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What is Prophix?

Your company needs to formulate intelligent business strategies and communicate its plans throughout the organization. Ensuring that these plans stay on track can pose serious challenges without the ability to create and measure progress relative to the businesss targets. If you dont have access to innovative software built on a unified platform, you cannot develop long-term views that integrate financial and non-financial drivers from operational areas like marketing, HR, sales, and IT.

Featured In

Best For

Prophix enables more than 3000 companies, of all sizes and in every industry, to automate and integrate their budgeting, forecasting, reporting, and planning.

Prophix Video and Images

Dashboard

Deployment & Support

Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live Rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
Contact Details
  • Prophix Software
  • Located in Canada
  • Founded in 1987
  • http://www.prophix.com/

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Prophix Pricing

Starting From:
Not provided by vendor
Pricing Details (Provided by Vendor):
Prophix Software has not provided pricing details yet.
Pricing Resources:
  • Be an Informed Buyer: Understanding the True Cost of Business Software
  • Strategic Planning Software Pricing Guide
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    Prophix Features

    Features are displayed in alphabetical order.

  • "What If" Scenarios
  • Access Controls/Permissions
  • Ad hoc Analysis
  • Ad hoc Reporting
  • Asset Management
  • Audit Trail
  • Budgeting/Forecasting
  • Cash Management
  • Competitive Analysis
  • Consolidation/Roll-Up
  • Correlation Analysis
  • Customizable Dashboard
  • Dashboard
  • Data Connectors
  • Data Import/Export
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    Prophix Reviews

    Showing 5 of 61 reviews
    Overall
    4.6
    Ease of Use
    4.4
    Customer Service
    4.6
    • "It has allowed me to streamline so many processes. This company also provides excellent training so that we have the ability to control the software and create whatever is needed."
    • "I also find their roadmap impressive, in that they are already thinking and planning some great developments for the future."
    • "Data is stored efficiently and drill down analysis is easy. The best thing about Prophix is that it is easy for multiple users to enter their information into Prophix."
    • "Prophix has been the perfect solutions to our company's need."
    • "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."
    • "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."
    • "The software uses dimensions, and that was confusing to me."
    • "Some formulas are not flexible as Excel. For instance, it is hard to apply seasonality for sales forecast."

    Pros

    • "It has allowed me to streamline so many processes. This company also provides excellent training so that we have the ability to control the software and create whatever is needed."
    • "I also find their roadmap impressive, in that they are already thinking and planning some great developments for the future."
    • "Data is stored efficiently and drill down analysis is easy. The best thing about Prophix is that it is easy for multiple users to enter their information into Prophix."
    • "Prophix has been the perfect solutions to our company's need."

    Cons

    • "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."
    • "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."
    • "The software uses dimensions, and that was confusing to me."
    • "Some formulas are not flexible as Excel. For instance, it is hard to apply seasonality for sales forecast."
    Avatar Image
    Philip H.
    Senior Financial Analyst
    Non-Profit Organization Management, 201-500 employees
    Used the software for: 6-12 months
    Overall Rating
    5.0
    Ease of Use
    4.0
    Customer Service
    5.0
    Features
    4.0
    Value for Money
    5.0
    Likelihood to Recommend
    10/10
    Reviewer Source 
    Source: Capterra
    September 27, 2020
    “Great Customer Service”
    OverallOverall it has gone very well. I have learned a lot. The customer service has been sincere and helpful. Data integration is daily and report consolidation is easy to do.
    ProsThe consultation and training was excellent. The data management is simple and effective. Easy to browse from different modules and pages. The knowledge bank is large and there is a large customer resource pool.
    ConsSome of the graphs and charts have limited accessories and capabilities. Learning curve was high, but this may be the nature of the software.
    Alternatives ConsideredPlanning Maestro, Limelight and Vena
    Reasons for Choosing ProphixLarger customer reference pool. Confidence based on size and history of the company.
    Reviewer Source 
    Source: Capterra
    September 27, 2020
    Ben S.
    SVP - Treasurer & FPA
    Financial Services, 51-200 employees
    Used the software for: 6-12 months
    Overall Rating
    4.0
    Ease of Use
    4.0
    Customer Service
    3.0
    Features
    4.0
    Value for Money
    5.0
    Likelihood to Recommend
    8/10
    Reviewer Source 
    Source: Capterra
    July 1, 2021
    “Useful Software at a Great Price”
    OverallWe have automated and standardized our management and board reporting as well as our forecasting and budgeting. The Prophix system has helped us save employee time, reduce reporting cycle time, and improve our reporting accuracy.
    ProsI like how the software keeps one database of our financial results so there isn't any uncertainty about the correct numbers. The implementation process and team was great. It is really helpful that an integration was set up that loads our numbers daily from our general ledger system. Prophix has a lot of functionality for reporting. It can be customized in many ways.
    ConsSomething that could improve the software is to have more standard reporting and forecasting templates pre-built so everything doesn't have to be created from scratch. The formatting when building reports is more work than I wished it would be. One thing I wished Prophix did better is to provide responsive customer service when an emergency need occurs. Their service model is built on scheduling resources and can involve a day or more wait to get help when an immediate need arises.
    Alternatives ConsideredFiserv, Planful, PROFITstar Budget and Adaptive Planning
    Reasons for Choosing ProphixWe felt like the Prophix system provided the best combination of functionality, customer service, and value.
    Switched FromMicrosoft Excel
    Reasons for Switching to ProphixWe made the switch to because faster, more efficient, more accurate and to provide capacity for growth.
    Reviewer Source 
    Source: Capterra
    July 1, 2021
    Tom K.
    analyst
    Construction, 10,001+ employees
    Used the software for: 2+ years
    Overall Rating
    3.0
    Ease of Use
    5.0
    Customer Service
    4.0
    Features
    4.0
    Value for Money
    4.0
    Likelihood to Recommend
    8/10
    Reviewer Source 
    Source: Capterra
    January 18, 2019
    “Construction review”
    Overallit met all of our needs and is a great software
    Prosits very flexible and provided what we needed
    Conssometimes it can be a little slow and has crashed in the past
    Reviewer Source 
    Source: Capterra
    January 18, 2019
    Verified Reviewer
    Hospital & Health Care, 1001-5000 employees
    Used the software for: 2+ years
    Overall Rating
    5.0
    Ease of Use
    5.0
    Customer Service
    5.0
    Features
    5.0
    Value for Money
    5.0
    Likelihood to Recommend
    10/10
    Reviewer Source 
    Source: Capterra
    June 11, 2021
    “Best in Ease of Use and Flexibility”
    ProsThe ability to be able to forecast and slice and dice data is key in financial and program review. Also, the ability to report on both financial and non financial metrics in one Report and dashboard is an amazing feature.
    ConsI would like to see the reporting be more enhanced like Dynamics management Reporter.
    Reviewer Source 
    Source: Capterra
    June 11, 2021
    Amanda C.
    Corporate Accounting Analyst 2
    Insurance, 1001-5000 employees
    Used the software for: 1-2 years
    Overall Rating
    5.0
    Ease of Use
    4.0
    Customer Service
    5.0
    Features
    5.0
    Value for Money
    5.0
    Likelihood to Recommend
    10/10
    Reviewer Source 
    Source: Capterra
    December 30, 2019
    “Plethora of Options”
    OverallProphix is the best planning and expense analysis software I have seen. It has allowed me to streamline so many processes. This company also provides excellent training so that we have the ability to control the software and create whatever is needed. The consultants are knowledgeable and have helped us to customize the system to our company.
    ProsThe Prophix Software is very versatile, starting with it creating a web-based platform. This was important for our company and allows the software to be updated quarterly without issue. We are able to use Prophix for Expense tracking, Expense and Capital planning, reforecasting, Compensation planning, Project tracking, Expense allocation, GAAP PLOB reporting, and still have several more tasks to implement through Prophix. The data can be sliced and diced many ways, and each user is able to do it however they like. It is easy to create or run existing reports. We have made many of our processes more efficient, and Prophix has allowed us to save more time than you can imagine. The software is easy to use and visually outstanding. The Prophix consultants were patient and supremely knowledgeable, personalizing and customizing the software to our company's needs.
    ConsThere are so many options within Prophix that at times, it can be overwhelming. I think it's necessary to have a few Admin to create reports and assist users, so that the users do not have to know how to use everything.
    Reasons for Choosing ProphixUsability, consultant knowledge, customized demos, price
    Reasons for Switching to ProphixThe budgeting process with BPC was choppy and unstable. We lost our budget input data several times without even being in the system. It was difficult to train users on and the time to update and save the budget sheets was incredibly painful. The BPC consultants promised us a customized software package and then left us hanging with a useless product.
    Reviewer Source 
    Source: Capterra
    December 30, 2019