Compare arcplan Edge and Prophix - Nov 2022

Shlomi LaviShlomi Lavi / Nov 10, 2022

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Bottom Line: Which is Better - arcplan Edge or Prophix?

Prophix is more expensive to implement (TCO) than arcplan Edge, and Prophix is rated higher (85/100) than arcplan Edge (50/100). Both tools offer the same amount of features.

Looking for the right Budgeting & CPM solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

arcplan Vs. PROPHIX Software

arcplan : arcplan software solutions enable you to deploy business intelligence, analysis, and planning applications that meet all of your organizational needs. 

PROPHIX Software: PROPHIX UK has been delivering budgeting, forecasting, reporting, consolidation, personnel planning and other financial functions in a single solution since 1987.The mission of PROPHIX UK is to be a customer focused organisation providing high value and innovative financial performance management software and services to our customers.Designed spec...

Who is more expensive? arcplan Edge or Prophix?

The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for arcplan Edge and Prophix.

arcplan Edge accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 arcplan Edge is rated 4, which is lower than the average cost of Budgeting & CPM software. Prophix accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 arcplan Edge is rated 4, which is lower than the average cost of Budgeting & CPM software.

Bottom line: Prophix is more expensive than arcplan Edge.

Which software includes more/better features?

We've compared arcplan Edge Vs. Prophix based on some of the most important and required Budgeting & CPM features.

arcplan Edge: Cash flow/cash budget, Forecasting, Multi-Department / Project.

Prophix: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

The arcplan software would be useful to companies that are looking for ways to simplify financial data analysis to facilitate decision making. and Prophix's target customer size include: Medium and large size businesses.

arcplan Edge

ITQlick rating
(4/5)

arcplan Edge is a robust and centralized budgeting, planning, and forecasting (BP&F) solution for organizations of any size that seek to streamline processes and shorten budgeting cycles by 50% or more. It ...

Categories: Budgeting & CPM.

Prophix

ITQlick rating
(4.5/5)

Prophix is a cloud-based and on-premise financial management solution designed to help the user in budgeting, financial consolidation, planning, analysis and management reporting.

Categories: Accounting & Finance, Billing & Invoicing, Budgeting & CPM, Medical Accounting.

Compare specifications

Compare features

arcplan Edge: 3 Features

Cash flow/cash budget
Forecasting
Multi-Department / Project

Prophix: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
arcplan ...
ITQlick rating
4/5
Score
50/100
Pricing
4.4/10
License pricing
Pricing not available
Functionality
4
Compare
Prophix
ITQlick rating
4.5/5
Score
85/100
Pricing
6/10
License pricing
Pricing not available
Functionality
7
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.