Prophix Vs IBM (Aug 2020)

Prophix Vs. IBM: Which is better?

Shlomi Lavi / Aug 18, 2020

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Looking for the right Business performance management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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 specifically for smaller business, Prophix offers a robust solution focused on budgeting and reporting, implemented in as little as 3 days! Moving beyond spreadsheets has never been easier.

IBM: International Business Machines Corporation, or IBM, is an American corporation. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Pricing/cost comparison

The real cost of Business performance management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Prophix TCO and IBM Planning Analytics total cost to help with the total cost of ownership calculation.

Prophix price Starting from $49 per month , on a scale between 1 to 10 Prophix is rated 6, which is similar to the average cost of Business performance management software. IBM Planning Analytics price Starting from $45 per month , when comparing IBM Planning Analytics to their competitors, the software is rated 2 - much lower than the average Business performance management software cost.

Bottom line: Prophix is more expensive than IBM Planning Analytics.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Prophix Vs. IBM based on some of the most important and required Business performance management features.
Prophix: Data Import/Export, Basic Reports, Online Customer Support, ..
IBM Planning Analytics list of features include the following: We are still working to collect the list of features of IBM Planning Analytics.

Target customer size

Prophix's typical customers include: Medium business, Large business, and IBM Planning Analytics's target customer size include: Small business, Medium business, Large business.