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Prophix Software - New SaaS Software

Prophix Software Reviews in July 2026: User Ratings, Pros & Cons

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4.42

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Prophix Software Reviews & Ratings

4.42

Very Good

Based on 273 ratings & 260 reviews

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Rating Distribution

Excellent

(160)

Very Good

(80)

Good

(20)

Poor

(0)

Terrible

(0)

Prophix Software pros and cons

  • Reviewers say it is easy to use and administer, with an Excel-like feel that shortens the learning curve.

  • It is praised for getting finance teams out of Excel for budgeting, forecasting, and consolidation.

  • It is highly flexible and customizable, creating reusable templates and a single source of truth.

  • Reporting and dashboards are powerful, accurate, and easy to build and distribute.

  • Some reviewers note the Excel add-in requires Office 365, limiting other Excel versions.

  • A few mention support response times have slowed as the company grows quickly.

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Showing 171-180 out of 260

ES

Executive Sponsor in Insurance

08/23/18

5 out of 5

"Financial Planning & Analysis for Expenses "

What do you like best? Prophix is very much a Finance-Administered application without an Excel front-end (but easily exported to Excel). We are much less dependent on IT and more efficient. The application is point and click intuitive for non-financial users. Staging data from SAP and other sources has been fairly straightforward to implement. Working directly with Prophix for implementation consulting is fantastic and a welcome change from working with 3rd party implementation firms. The ...

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PO

Paige O

08/21/18

5 out of 5

"Extremely versatile and helps me to look good in front of my boss and board"

What do you like best about Prophix Software? Prophix can easily integrate data from disparate systems to create more meaningful analysis and reports. Each data set alone only tells part of the story. Powerful insights can be gained when combining the data. We've also become much more efficient in month end close, reporting and ad hoc analysis by moving from Excel to Prophix. I've used Prophix at two different companies for years. What do you dislike about Prophix Software? Wish there was a ...

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RS

Ramona S

08/20/18

4 out of 5

"It's been a much needed improvement "

What do you like best about Prophix Software? I like the ability to manage at the employee level. The ease of using the software, and the budgeting and reporting are included in the package which makes the process more efficient. What do you dislike about Prophix Software? Workflow. I've had issues using workflow. What problems is Prophix Software solving and how is that benefiting you? integration between budgeting and reporting

RS

Ramona S

08/20/18

4 out of 5

"It's been a much needed improvement "

What do you like best about Prophix Software? I like the ability to manage at the employee level. The ease of using the software, and the budgeting and reporting are included in the package which makes the process more efficient. What do you dislike about Prophix Software? Workflow. I've had issues using workflow. What problems is Prophix Software solving and how is that benefiting you? integration between budgeting and reporting

ET

Erik T

08/20/18

4 out of 5

"Flexible CPM tool for the everyday user"

What do you like best about Prophix Software? Flexibility and ease for ad hoc data views, The user can quickly get at the data they want and pull it into tools like Excel. Prophix being privately held does lend to a better long term focus vs the sub optimized view that many private equity companies take on their portfolio. As a rule of thumb Prophix has been responsive in addressing issues within their SLA. The one incident that where this did break down, Prophix took ownership once the ...

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ZS

Zander S

08/20/18

4 out of 5

"Exciting Opportunities!"

What do you like best about Prophix Software? The flexibility of Prophix software. We are able to customize the software to our specific business needs. You do not need to be a tech expert to create processes/templates. Anyone can do it!! What do you dislike about Prophix Software? I am not a fan of the new web version of Prophix. The interface requires more clicking causing it to take longer to use. What problems is Prophix Software solving and how is that benefiting you? Prophix has ...

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ET

Erik T

08/20/18

4 out of 5

"Flexible CPM tool for the everyday user"

What do you like best about Prophix Software? Flexibility and ease for ad hoc data views, The user can quickly get at the data they want and pull it into tools like Excel. Prophix being privately held does lend to a better long term focus vs the sub optimized view that many private equity companies take on their portfolio. As a rule of thumb Prophix has been responsive in addressing issues within their SLA. The one incident that where this did break down, Prophix took ownership once the ...

Read more

ZS

Zander S

08/20/18

4 out of 5

"Exciting Opportunities!"

What do you like best about Prophix Software? The flexibility of Prophix software. We are able to customize the software to our specific business needs. You do not need to be a tech expert to create processes/templates. Anyone can do it!! What do you dislike about Prophix Software? I am not a fan of the new web version of Prophix. The interface requires more clicking causing it to take longer to use. What problems is Prophix Software solving and how is that benefiting you? Prophix has ...

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AI

Administrator in Financial Services

08/17/18

3.5 out of 5

"Powerfull reporting tull integrated with Excel"

What do you like best? I like the fact that Prophix data can be rather easily imported/ exported from Excel, and the fact that the templates within Prophix allow for similar functionality as Excel, e.g. formatting, ability to add formulae. I also like the ability to schedule periodic reporting communication to individuals or groups. What do you dislike? Some of the forms of support require additional payments even for those who purchase the Continued Success package. For example, I was not ...

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CT

Colt T

08/17/18

4.5 out of 5

"By Finance for Finance"

What do you like best about Prophix Software? I like the graphical interface and how easy it makes otherwise complicated process like allocating costs. The Ad-hoc environment has greatly increased our ability to investigate variances and drill into reasons for certain financial results. What do you dislike about Prophix Software? At times performance can lag. There are usually workarounds, but it's still inconvenient having to resort to a workaround. What problems is Prophix Software ...

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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].