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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 211-220 out of 260

AI

Administrator in Insurance

04/05/18

3 out of 5

"Dynamic budgeting - Limited Data Analysis"

What do you like best? The ability to drill across to the SQL server has saved our company a lot of time and hassle. The ability to move our budget process from excel documents to Prophix has reduced errors, shortened the timeline and increased transparency in our budgets. The ad hoc reporting has become much more dynamic and What do you dislike? There is very limited excel functionality, and there is also no ability to view actual expenses in comparison to the line item detail level that ...

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AU

Anonymous User

04/05/18

3 out of 5

"Dynamic budgeting - Limited Data Analysis"

What do you like best about Prophix Software? The ability to drill across to the SQL server has saved our company a lot of time and hassle. The ability to move our budget process from excel documents to Prophix has reduced errors, shortened the timeline and increased transparency in our budgets. The ad hoc reporting has become much more dynamic and What do you dislike about Prophix Software? There is very limited excel functionality, and there is also no ability to view actual expenses in ...

Read more

AU

Anonymous User

04/05/18

3 out of 5

"Dynamic budgeting - Limited Data Analysis"

What do you like best about Prophix Software? The ability to drill across to the SQL server has saved our company a lot of time and hassle. The ability to move our budget process from excel documents to Prophix has reduced errors, shortened the timeline and increased transparency in our budgets. The ad hoc reporting has become much more dynamic and What do you dislike about Prophix Software? There is very limited excel functionality, and there is also no ability to view actual expenses in ...

Read more

JW

Jillian W

10/12/17

3.5 out of 5

"Prophix for Budgeted"

What do you like best about Prophix Software? Prophix allows my organization to budget from both a top down and a bottom up perspective. The software is similar to the excel models we were using before and is not terribly hard to train people to use. What do you dislike about Prophix Software? The visualization is a bit hard for some people to handle; this is mostly fixed in the web version that my organization has yet to implement. What problems is Prophix Software solving and how is that ...

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MT

Melissa T

10/12/17

4 out of 5

"dynamic software that can do more than just financial reporting"

What do you like best about Prophix Software? drill across, ad hoc reporting, using it for reports other than financial reports What do you dislike about Prophix Software? i feel like there is so much unknown about the software. i enjoy the monthly webinars, but would like to see more webinars about other potential uses... much like what you see at the user conference What problems is Prophix Software solving and how is that benefiting you? using prophix for time reports

ES

Executive Sponsor in Medical Practice

10/12/17

3 out of 5

"Simple, does a lot and easy to manage"

What do you like best? Format is fairly straight forward and maintenance is not to complex. What do you dislike? The formatting of the reports & budget templates seem pretty archaic. What problems are you solving with the product? What benefits have you realized? Budget operations, realization and accountability.

ES

Executive Sponsor in Medical Practice

10/12/17

3 out of 5

"Simple, does a lot and easy to manage"

What do you like best? Format is fairly straight forward and maintenance is not to complex. What do you dislike? The formatting of the reports & budget templates seem pretty archaic. What problems are you solving with the product? What benefits have you realized? Budget operations, realization and accountability.

ML

Michael L

10/12/17

5 out of 5

"CFO"

What do you like best about Prophix Software? The flexibility of Prophix. Their solution is so much more than just a budget package. We are solving pressing business issues with Prophix. (and moving manual processes to automated processes!) What do you dislike about Prophix Software? I do wish implementation would not take so much time. There has to be a quicker way to get up and running. Recommendations to others considering Prophix Software: Great choice! What problems is Prophix Software ...

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AU

Anonymous User

10/12/17

5 out of 5

"Best setup for consolidations available"

What do you like best about Prophix Software? Allow us to consolidate multiple subsidiaries in a way that we can pull Bay data we need in a quick and efficient manner. What do you dislike about Prophix Software? The speed slowed when we had too many users using Prophix Recommendations to others considering Prophix Software: If you are using something like Host I woulsmr commend using this product instead What problems is Prophix Software solving and how is that benefiting you? Allow us to ...

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AU

Anonymous User

10/12/17

3 out of 5

"Simple, does a lot and easy to manage"

What do you like best about Prophix Software? Format is fairly straight forward and maintenance is not to complex. What do you dislike about Prophix Software? The formatting of the reports & budget templates seem pretty archaic. What problems is Prophix Software solving and how is that benefiting you? Budget operations, realization and accountability.

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