Prophix

Prophix Software

Last Updated Nov 7, 2024

Overview

Prophix Software empowers organizations to gain control over their finances. It offers in-depth budgeting, insightful analytics, and efficient automation for financial close processes. While it may present some complexity during initial setup, its strategic benefits for better financial management outweigh the temporary learning curve.

Overall Rating

Based on 2 users reviews

4.5

Rating Distribution

Positive

100%

Neutral

0%

Negative

0%

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Starting Price
Custom

What Is Prophix Software?

Overview

Prophix Software is a cloud-based financial performance platform. The software provides solutions for streamlining and automating financial processes, helping overcome challenges in financial management. It offers several budgeting, planning, reporting, analytics, consolidation, and intercompany management tools.

What Is Prophix Software Best For?

It is popular for offering a comprehensive suite of support services. The platform includes a dedicated Partner Portal, which provides product knowledge, marketing resources, and training. This focus on support ensures that users can maximize the platform's benefits and easily navigate its features. It also demonstrates Prophix’s commitment to customer success and satisfaction, setting it apart from competitors.

Prophix Software Pricing

The Prophix cost depends on your organization’s type, requirements, and size.

 Prophix Integrations

The platform can integrate with the following third-party applications:

How Does Prophix Work?

Here's how you can navigate the dashboard and make use of the software's features:

  • Log in to Prophix with your credentials to access its dashboard
  • Use customizable widgets to track Key Performance Indicators (KPIs)
  • Create, edit, and analyze budgets and forecasts
  • Create reports for efficient and accurate synthesis of data
  • Collaborate with team members through integrated communication tools
  • Automate data import and integration for efficiency
  • Utilize Prophix's modeling capabilities for scenario planning
  • Monitor performance against targets and receive alerts for deviations
Schedule a Prophix demo to learn more about its functionalities.

Who Is Prophix For?

Prophix is used in several sectors and industries, including:

  • Manufacturing
  • Healthcare
  • Real estate
  • Education
  • Construction

Is Prophix Right For You?

Are you seeking a financial performance platform that optimizes your financial processes and empowers your organization with clear data insights? If so, Prophix might be the perfect solution for you. It has been recognized as a leader in the 2023 Nucleus Research CPM Technology Value Matrix and has won the 2021 Fortress Cyber Security Award.

Furthermore, the software uses best-in-class security to guarantee your data is protected. It is also highly scalable according to your business needs, works with multiple ERPs, and is manageable for finance leaders with minimal IT involvement. 

Call Software Finder at (661) 384-7070 for more information.

Pros And Cons of Prophix Software

Pros

  • Comprehensive budgeting tools

  • Robust reporting and analytics

  • Efficient financial close automation

  • Accurate financial consolidation, as per user reviews

Cons

  • Steep learning curve

  • Customization may be complex, according to some reviews

  • Might be resource-intensive for smaller firms

Frequently Asked Questions

The overall cost of Prophix depends on your company’s type, requirements, and size.

The platform is used by multiple industries and sectors like education, manufacturing, healthcare, construction, real estate businesses, and mission health communities.

It supports the English language.

Yes, Prophix project management software is compatible with iOS and Android devices.

Yes, it offers API access.

It integrates with TOTVS, Sage, QAD, Microsoft Dynamics 365, Ellucian, SYSPRO ERP, and Acumatica.

Support options include a help desk, email, a knowledge base, phone, chat, 24/7 customer representative, FAQs, and forums.

Yes, finance leaders and managers use the software for revenue and personnel planning to automate manual processes and overcome time-consuming processes.

Yes, a demo is available to give an overview of the platform. Moreover, you can also read our most helpful reviews to learn more about the software.