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Prophix Software - New SaaS Software

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

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4.47

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Prophix Software Reviews & Ratings

4.47

Very Good

Based on 223 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 181-190 out of 260

AU

Anonymous User

08/17/18

4 out of 5

"prophix"

What do you like best about Prophix Software? ease of seeing data in ad hoc ease of creating reports What do you dislike about Prophix Software? cannot copy headings in ad hoc template studio functionalities not yet excel compatible What problems is Prophix Software solving and how is that benefiting you? The ease of changing prophix report formats vs changing source system report format is hugely beneficial as we do not have to rely on IT to make the change. We created prophix reports to ...

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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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AU

Anonymous User

08/17/18

3.5 out of 5

"Powerfull reporting tull integrated with Excel"

What do you like best about Prophix Software? 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 about Prophix Software? Some of the forms of support require additional payments even for those who purchase the ...

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IC

Internal Consultant in Packaging and Containers

08/17/18

4 out of 5

"prophix"

What do you like best? ease of seeing data in ad hoc ease of creating reports What do you dislike? cannot copy headings in ad hoc template studio functionalities not yet excel compatible What problems are you solving with the product? What benefits have you realized? The ease of changing prophix report formats vs changing source system report format is hugely beneficial as we do not have to rely on IT to make the change. We created prophix reports to replace manual excel reports.

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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AI

Administrator in Oil & Energy

08/16/18

4 out of 5

"Great, easy to use product"

What do you like best? It's so easy to set up data connections to integrate data from multiple systems to create our consolidated financials. What do you dislike? Cannot edit dimension setup after a cube is created. What problems are you solving with the product? What benefits have you realized? Consolidated financials for multiple entities, budgeting and planning. We have eliminated many manual reports in Excel.

AI

Administrator in Oil & Energy

08/16/18

4 out of 5

"Great, easy to use product"

What do you like best? It's so easy to set up data connections to integrate data from multiple systems to create our consolidated financials. What do you dislike? Cannot edit dimension setup after a cube is created. What problems are you solving with the product? What benefits have you realized? Consolidated financials for multiple entities, budgeting and planning. We have eliminated many manual reports in Excel.

JL

Julie L

08/16/18

5 out of 5

"Great tool for managers to manage their spending!"

What do you like best about Prophix Software? Prophix is a very user friendly application that has the simple look and feel of a spreadsheet that most managers are familiar with. However, it's powerful enough to allow budgeting at a very detailed level by multiple managers and in the end we can easily pull all of it together to the executive level. And I absolutely love how financial administrative users can control the setups and report creations without having to go through our IT ...

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AB

Angela B

08/16/18

4.5 out of 5

"Life is easier with Prophix"

What do you like best about Prophix Software? I like the workflows, business processes and report function. Prior to our experience with Prophix we did everything in Excel. Now we spend only 1/4 of our time in Excel. What do you dislike about Prophix Software? I don't use some of the functions like SmartMonitor Reporting. Also, a couple of frustrations is that you can only run one business process at the time and if you are updating the dimensions your users could get an error. This doesn't ...

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AI

Administrator in Food & Beverages

08/16/18

3.5 out of 5

"System is user friendly for reporting and adhoc analysis."

What do you like best? I can design reports, templates, and adhoc with ease. Data entry and integration of materials is not overwhelming and is helpful to limit the amount of keying required by the user. What do you dislike? Cube building can be cumbersome when you are trying to setup data structure. Resources for assistance in the cube building seem to be hard to get, unless you want to pay higher $ for consultant assistance and some of the assistant packages can not be used throughout ...

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