Opiniones de Prophix

We love the budgeting aspect of Prophix. We are able to have more cross functional support and accountability.

The thing that I like least about the software is end user engagement. It's always difficult to get them interested in the software beyond budgeting.

The 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.

There 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.

its very flexible and provided what we needed

sometimes it can be a little slow and has crashed in the past

Our experience with Prophix has been very favorable. We were looking for a tool to centralize our global financial reporting and planning functions and Prophix allowed us to accomplish this at a very reasonable cost vs other applications that were under consideration. The interface is intuitive and easy for end users to complete the required tasks. The web client satisfied our need for a solution that could be implemented globally.We are also able to administer and maintain the tool within the finance function which increased our flexibility and reduced our reliance on IT. The reporting capabilities met our needs and allows us to easily consolidate and present our data in a multi currency environment. We use Prophix for reporting at all levels, from individual business unit data to Board and Executive level reports. We have several connections to other systems to import data and plan on adding more. The drill through capability to this data is also a nice feature.

Template/Report formatting can be tedious at times

The 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.

Some of the graphs and charts have limited accessories and capabilities. Learning curve was high, but this may be the nature of the software.

Powerful and flexible- report on almost anything! Pull data from multiple sources and compile and present in an almost infinite number of different ways. review variances, budget vs actual, generate your annual financial statements- name your reporting requirement, this program can do it. Great customer support and a community of users with a dedicated forum for questions. They are constantly seeking feedback from their users and adding new improvements to their product.

Like any other new software, this represents a huge investment in time, training, and supplier relationship. There is a great deal of software specific jargon, although they are always working to simplify this and improve training. Some steps can take a long time for the report to load. Some reports may be very difficult to build. That said they can help you redesign the report to run faster. 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. I think this is slowly improving though.

The software provides quick access to data and can be formatted into reports to be sent to others within the organization. There is a drilldown function that is amazing for looking further into the information provided. For budget purposes, there are line item details, these are get as a reference point when review questions come into play.

The software uses dimensions, and that was confusing to me. When creating reports those dimensions need put into various columns or rows. If you don't have it just right, it won't return any information. Plus side is there are videos and help available to walk you through any aspect.

It is intuitive and easy to use. If you're familiar with excel, most of the functions carry over flawlessly.

Connecting more than 20 ERP systems to import data was a challenge. It affected the overall performance and ultimately usage as my company has not fully been able to convert to the cloud version. The administrator is still managing the Smart Client.

I love how powerful Prophix is as a reporting, analytics, and planning tool. It helps us to speed up our monthly close process, get accurate and timely reports to decision makers within the organization, and helps us prove value to our clients as well with dashboards. It is also a powerful tool for what-if scenario analysis.

It is a little difficult to learn and implement at the front end, but once you get up to speed it is a very powerful tool.

automate business process such as global royalty allocations

performance issue with MDX or other complicate calculating

Prophix has allowed us to have one source of truth for our Financial reports, our budget and forecast process. It has allowed us to get more people involved in the budget and forecast process while making it easier share information among participates.

I am not an IT guy so understanding the data connections has been a bit challenging. We get IT involved but I know they have other projects so getting it completed in a timely manner can be a challenge.

As a finance employee, I enjoy the freedom of being able to control and maintain Prophix with minimal IT support. We have an on-premise server and I am able to RDP into the system if needed and reset services, modify tables, and update to the latest Prophix version without having to include our IT department. This allows me to quickly diagnosis issues and work more efficiently.

Report building can be problematic at times, especially when creating large reports with multiple data views.

Its ability to adapt and handle our non financial data without feeling like we were compromising , its logic and the transparency of the system

(I am seperate to those within our organisation who have completed the implementation of our financial data-my focus is on the non financial operational data and measures)

For the operational data we opted for a flat file approach to integrating our data onto this platform so there was a lot of importing and exporting, however this was the best solution for us based on the format of our source data. We have spent a lot of time working on the structure, bringing in of data and creating the appropriate reports but I strongly believe the system is as good as the time you invest into its development for your organisation. It will be as good as what you put into it.

I like the flexibility of this product. You can build any type of report, forecast, calculation, etc. that you want as long as you can feed data to it. I also really like the customer support - they are very helpful and responsive when their's a problem.

There are some manual activities maintenance activities you need to do. I can navigate it fairly well with the documentations provided.

The tool is very flexible for customizing the software to our business needs and even if we need to rebuild the structures and data cubes. The experienced Prophix consultants are a pleasure to work with and very knowledgeable.

Dashboard aspects is still a little weak

Ability for multiple users (owners of each product line) to submit budgets and forecasts within Prophix. The work flow process allows my team to then analyze all submissions in consolidation, all within Prophix. Drill across capabilities are used constantly by the finance teams within our organization.

The excel add-in is not as good as others that I've used. Our migration to the Cloud environment was also very difficult for our team.

The time savings we’ve been able to achieve as well as the consistency of reporting.

That I can’t have one report workbook (like an excel file with tabs) to work in. You have to create a workbook process to combine it.

Robust framework for Detailed Planning of HR, CAPEX, etc. plus ability to define workflows to support custom business processes in these areas. Also it is built on Microsoft SQL Server stack, which is ideal for our org as our other systems are based on the same and we can set up highly customized integrations using familiar technology.

Updates for the on-prem deployment are a little cumbersome and involve an uninstall/reinstall, plus editing web config files if you're deploying the web client.

We primarily needed a budget that didn't require Excel spreadsheets being sent and complied in hopes nobody added a column or row! Not only are we able to all share the input of budget data, but we have comments, details, and a history of who did what!
As a bonus, we were able to create all of our monthly financial reports in Prophix and automatically generate them into a PDF or in Excel! A nightly process that can also be run on-demand imports the GL details from GP, so we can review within minutes!

There is definitely a learning curve, but once you understand it, creating reports and viewing ad hoc details gets easier.

Prophix saves our team multiple days of work every month and multiple days during budgeting and planning every year. We have improved reporting and analysis. We can pull data from several sources and consolidate in one place.

Graphing capabilities, but they have communicated that it is in the product roadmap.

Prophix is a great software that is very multifunctional. You can use it for many different applications and design it to be as complicated or simple as your needs dictate. Our installation uses a function labeled Relational Data Views and allows users to drill into a total on a P&L and view the transactions from the GL system that make up the balance. This frees up Accounting from answering simple questions and allows the users to contact us less frequently.

Prophix does a great job on listening to users. We have located minor issues\bugs in the past but they are receptive to feedback. They also have a feedback forum for enhancement requests and users get to vote on each other’s ideas.

It is a very intuitive software. It is easy to learn (and to teach). I especially like the Excel add-in functionality, which we use for financial consolidation, managerial reporting, budgeting and monthly forecasting. It is also a great tool for ad hoc reporting.

Like any software, it can be sluggish sometimes - especially when dealing with large amounts of data.

I like how easy it was to grasp the basics of this software. Without being an expert I still feel that I am capable of getting the information I need and continuing to learn the system intuitively.

Some features of the software are a little more challenging to pick up and understand without adequate training.

Prophix is a well rounded software that is easy to use and is well supported by the Prophix team. Prophix has met and exceeded our company needs while continually improving on a daily basis.

There is some difficulties extracting multiple years of data our of the system.

Great for budgeting and forecasting. You can set up different templates to budget and forecast and other users can enter their values. Limits user access to certain areas. Has a personnel planning feature that eases the budgeting process for all wages, taxes, and benefits. Has a good reporting feature and interacts with your accounting software to import info with ease.

If you need to upgrade or make a large change you have to ask for support from Prophix and they aren't always easy to work with or quick to fix major issues. The reporting feature requires a lot of manual steps to set up new reports. It isn't super user friendly if you don't use it on a regular basis.