Prophix Software Reviews (219)

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Prophix Software Reviews (219)

View 5 Video Reviews
4.4
219 reviews

What do users say?

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Users consistently praise Prophix for its ease of use and flexibility in reporting, which significantly streamlines budgeting and forecasting processes. The software's ability to automate workflows and integrate data from multiple sources enhances efficiency, allowing finance teams to focus on analysis rather than manual tasks. However, some users note that the initial learning curve can be steep, particularly for advanced features.

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James W.
JW
General Manager of Finance (Equivalent to CFO) ✅ Earned Certified Management Accountant (CMA)
Small-Business (50 or fewer emp.)
"Effortless Financial Management with Prophix"
What do you like best about Prophix Software?

I find Prophix Software incredibly easy to use. We really like the drill-down feature since it allows us to get to the root cause for why expense codes are higher or lower than expected compared to the budget. The ability to flex budget and look at actual results versus the budget at any given moment is quite valuable. The dashboard is also beneficial as it showcases our key critical KPIs on each user's screen based on their needs. Additionally, the initial setup and implementation were very easy, thanks to the knowledgeable and helpful implementation team, who were great at explaining things to users of all levels in a flexible and understanding way. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

One thing that has frustrated some of the users is on the Prophix training. The training is designed for basic users, and most of our users have some experience with Microsoft Power BI. They understand some of the characteristics of cubes and layers, so those sections of the training don't really hold their attention. However, you still have to go through it to complete your certification. A way to bypass some segments based on expertise or maybe a test could be beneficial for other users. Review collected by and hosted on G2.com.

Verified User in Construction
AC
Enterprise (> 1000 emp.)
"Efficient Data Consolidation, Needs Dashboard Enhancements"
What do you like best about Prophix Software?

I like the ability to do custom reports in Prophix Software, which is especially convenient for ad hoc report requests from our operating companies. It allows us to switch versions, time, and layout quickly. The workflows are useful for reminding people to enter data. Prophix saves us time on report creation, as it's faster and more reliable than using Excel, where there's always a concern about formulas or errors. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Although the workflows are great, we've had issues with users not getting email notifications (which they said they fixed last year), with the opposite now, of users getting multiple duplicate emails. The Dashboard could also use more options, like more graph types available, with different color schemes and dynamic data. Review collected by and hosted on G2.com.

GL
Revenue and Reporting Specialist
Mid-Market (51-1000 emp.)
"Automated Workflows and Clear, Timely Reporting Insights"
What do you like best about Prophix Software?

Prophix is extremely beneficial for creating automated workflows and reporting solutions. It excels at delivering timely data driven insights to end-users in a way that is easily understood. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Limitations in dashboard customization and the learning curve associated with understanding how to extract maximum value as an administrative user. Review collected by and hosted on G2.com.

Verified User in Manufacturing
AM
Small-Business (50 or fewer emp.)
"Efficient Finance Management with Flexible Features"
What do you like best about Prophix Software?

I find Prophix Software really helpful for keeping all the required information in one place, and the consolidation process has a really small turnover time. I like its very flexible option to apply different allocation rules. Since it's a cloud software, it allows users to log in from any place, which I appreciate. The reporting structure and template flexibility stand out for me as well. The Dashboard, Process Manager, and Templates Studio are the top features that I use the most. I also value the easy understanding, integration, and quick results; for example, consolidations that used to take 24-48 hours in previous software now take just about 2 hours with Prophix. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

we feel the prophix reporting tool could be better and more flexible like excel Review collected by and hosted on G2.com.

Amanda S.
AS
Controller
Construction
Mid-Market (51-1000 emp.)
"Great platform and customer service!"
What do you like best about Prophix Software?

Prophix has changed how we create and present financials. It's been a huge help in automating our budget process! We are looking forward transfering more processes into Prophix. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix has been great overall but it's a huge time commitment. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Enterprise (> 1000 emp.)
"Slice and Dice Financials to Hearts Content"
What do you like best about Prophix Software?

Permissions are easy to configure, which allows us to maintain strong controls while still enabling users to build and share their own reports. This reduces bottlenecks with the finance team and encourages self-service reporting.

The platform is also very stable—reports roll forward cleanly from year to year without breaking, which saves significant time during budgeting, forecasting, and reporting cycles.

Overall, it strikes a strong balance between flexibility, governance, and reliability. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

I wish they would continue to sell on-prem licenses. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Mid-Market (51-1000 emp.)
"Great Reporting and Accounting Integration, but a Steep Setup and Learning Curve"
What do you like best about Prophix Software?

I like the reporting structure and how easy it is to run reports across the system. It also integrated nicely with our accounting software which is very helpful. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

The initial integration and set up was very tough for our company. The learning curve on how to use things is also fairly steep. Review collected by and hosted on G2.com.

UK
Head of Group Finance Systems
Enterprise (> 1000 emp.)
"Best FP&A Tool Mid Market"
What do you like best about Prophix Software?

The FP&A platform has significantly improved the efficiency of our monthly reporting and made managing the close process much easier. As our organisation has grown, Prophix has played a crucial role in helping us onboard new entities smoothly. Implementation process is great as they have a consultant show you how to do all the setup and configuration meaning you can update or create new models with ease in the future. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Prophix has grown rapidly by introducing new modules, and I find it challenging to keep up with all the changes. However, this also shows that they are making significant investments in the platform. Review collected by and hosted on G2.com.

Verified User in Facilities Services
AF
Mid-Market (51-1000 emp.)
"User-Friendly Finance Management with Prophix"
What do you like best about Prophix Software?

I find Prophix Software really easy to update and user-friendly. It's great that we can manage it ourselves in-house instead of constantly referring to a support group, which is really beneficial. The software is very flexible, allowing us to add most of our finance team's work into it. It serves as a central location for all of our finance data, presented in a friendly, easy-to-see format, giving us an accurate view of our financial standing. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

I can't comment as we are yet to find anything negative to say. Review collected by and hosted on G2.com.

Paul A.
PA
Principal
Mid-Market (51-1000 emp.)
"Effortless Financial Reporting and Integration"
What do you like best about Prophix Software?

I like the ability of Prophix Software to connect to multiple data points and then cross-section data as appropriate. This feature is great because all of the disjointed data can be brought into one place, allowing me to see the full view of financials or projects without having to go to multiple places. Additionally, the ongoing setup of Prophix Software has been easy and intuitive. Review collected by and hosted on G2.com.

What do you dislike about Prophix Software?

Nothing so far Review collected by and hosted on G2.com.