Compare Idu-Concept Software and Prophix - Nov 2022

Shlomi LaviShlomi Lavi / Nov 10, 2022

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Bottom Line: Which is Better - Idu-Concept Software or Prophix?

Prophix is more expensive to implement (TCO) than Idu-Concept Software, and Prophix is rated higher (85/100) than Idu-Concept Software (81/100). Idu-Concept Software offers users more features (12) than Prophix (3).

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:

IDU Vs. PROPHIX Software

IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and repo...

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? Idu-Concept Software 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 Idu-Concept Software and Prophix.

Idu-Concept Software price starts at $50 per feature/month , On a scale between 1 to 10 Idu-Concept Software 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 Idu-Concept Software is rated 4, which is lower than the average cost of Budgeting & CPM software.

Bottom line: Prophix is more expensive than Idu-Concept Software.

Which software includes more/better features?

We've compared Idu-Concept Software Vs. Prophix based on some of the most important and required Budgeting & CPM features.

Idu-Concept Software: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting, Predictive-Analysis, Project Management, Business performance management.

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

Target customer size

Idu-Concept Software's typical customers include: SMBs, and Prophix's target customer size include: Medium and large size businesses.

Idu-Concept Software

ITQlick rating
(4/5)

starts at $50 per feature/month

IDU-Concept is a budgeting & CPM software designed to give businesses empowered financial management that cuts across budgeting, forecasting, and reporting.

Categories: Budgeting & CPM, Financial reporting, Business performance management, 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

Idu-Concept Software: 12 Features

Dashboard
Version Control
Balance Sheet
Budgeting & Forecasting
Financial reporting
Predictive-Analysis
Project Management
Business performance management
Capital Asset Planning
Forecasting
Income Statements
Project Budgeting

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
Idu-Conc...
ITQlick rating
4/5
Score
81/100
Pricing
5/10
License pricing
$50 per feature/month
Functionality
26
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.