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10+ Prophix Budgeting and Forecasting Alternatives and Competitors

Prophix Budgeting and Forecasting

4.6 User Rating
$41.8 M Revenue
288+ No of Employees
1987 Founded
SaaS Industry
Budgeting and Forecasting Software Category
Paul Barber CEO
Overview

Prophix is a budgeting and forecasting solution designed for financial consolidation, budgeting, planning, analysis, and management reporting. It has a spreadsheet-like interface that allows users to analyze and organize financial data, and it is also on-premises or in the cloud. As of now, 1580 companies and organizations choose to rely on Prophix. Learn more about Prophix, such as best alternatives, pricing, key employees, and more, by scrolling down.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Centage Budget Maestro 4.4 John Murdock $199 2001 N/A 200+ Natick 3800+ Reviews N/A
Planful Budgeting and Forecasting 4.5 Grant Halloran Custom 2001 $57.5 M 394+ Redwood City 1600+ Reviews 700+
Adaptive Insights Budgeting and Forecasting 4.8 Tom Bogan Custom 2003 $100 M 461+ California 5000+ Reviews 3700+
Jedox 4.6 Florian Winterstein 160 2002 $18 M 100+ Breisgau 3800+ Reviews N/A
Planguru Budgeting and Forecasting 4.4 Christian Wielage $99 2013 $2 M 20+ Wilkes Barre 2340+ Reviews N/A
NetSuite Budgeting and Forecasting 4.6 Zach Nelson $99 1998 $800 M San Mateo+ 21000 1590+ Reviews 21000+
Budgyt Budgeting and Forecasting 4.5 James McCoy $239 2013 $400 K 500+ New York 4670+ Reviews N/A
Anaplan Budgeting and Forecasting 4.7 Frank A. Calderoni $7 2006 $398 M 1299+ San Francisco 3500+ Reviews 1250+
Onestream Software Budgeting and Forecasting 4.4 Tom Shea Custom 2010 $49 M 512+ Rochester 2400+ Reviews 500+
Vena Budgeting and Forecasting 4.1 Hunter Madeley Custom 2011 $1.7 M 391+ Toronto 2000+ Reviews 350+

Key Employees

Image Name Designation Email ID Twitter Linkedin
Jens Bille VP of International Channels N/A N/A https://dk.linkedin.com/in/jensbille
Rodney Jones VP Software Engineering N/A N/A https://ca.linkedin.com/in/rodney-jones-170459

Reviews

“ Easy to use budgeting tool ”

4.5/5 (overall) - Ashleigh A.
Pros:
  • I like the ease of this software. I started my position at a time where I did not get much, if any, training in Prophix.
  • I found it very easy to use and felt like an expert after about a month of teaching myself the functions. It has been great.
Cons:
  • I do not like the detailed planning model. It is very easy to use but unfortunately it does not integrate well with our financials system.
  • We cannot split out salary, taxes, merit increase, etc when running an ad hoc which makes it a little complicated at times when trying to explain increases to department heads.

“ Prophix offers excellent flexibility ”

5/5 (overall) - Emily A.
Pros:
  • Flexibility to include accounts that are not part of the accounting software gives us the ability to include non-financial information on our standard reports.
  • The way the account model is set up allows us to add accounts to all reports at once – we don’t need to recreate each report just because there’s a new account being used.
Cons:
  • We have had some difficulty in setting up the link to our general ledger. This has led to some project delays, but we have been able to resolve all of our issues to this point.
  • It’s not really easy to set up a report where comparative months are in columns. We do have a report set up, but it’s not as intuitive as I would like to see.

“ Prophix User for Budget Purposes ”

4.5/5 (overall) - Narine Chalumyan
Pros:
  • Line item details per department and region.
  • Sales detailed planning per SKU and item and calculations for Gross Sales and Cost.
Cons:
  • GL updates from ERP systems (we need to add the new accounts manually).
  • Consolidation and eliminations process need improvement – not great visibility for audit

Features

  • Access Control
  • API
  • Analytics
  • Agile Software Development
  • Accounting Intergration
  • Assignment Management
  • Automated Billing
  • CRM Integration
  • Campaign Analysis
  • Collaboration Tools
  • Collaborative Workspace
  • Team Collaboration
  • Security
  • Mobile apps
  • Security

Images & Videos

Q & A

How secure is Prophix?

Prophix is a very secure and safe platform to use. That is why it provides numerous security measures. For data in transit, Prophix Cloud uses industry-standard SSL or TLS encryption. All connections between the web browser and the application are encrypted using HTTPS TLS 1.2. On the other hand, web-based key exchanges use 2048-bit certificates (SHA256). So if you will use Prophix, you can rest assured that everything is safe.

Is Prophix an easy platform to use?

Prophix is an easy budgeting and forecasting platform to use. It provides various powerful yet simple features that can help users modernize and handle any financial process without any hassle. It also has flexible factors that enable users to use in both cloud and on-premise. With Prophix, budgeting and forecasting would be more manageable than ever.

How much does Prophix cost?

Similar to other budgeting and forecasting platforms, Prophix prefers to discuss pricing matters privately. So if you have any pricing-related concerns and issues, you should check out their website or contact their customer support immediately. They would appreciate hearing something from you.

Why use Prophix?

Prophix is excellent in providing high-quality budgeting and forecasting services. That is why thousands of companies and businesses choose to use Prophix. With Prophix, you won’t have a hard time managing your budgets, forecasting, and handling any financial processes.

Alternatives

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