Compare Prophix and IBM - Nov 2022

Shlomi LaviShlomi Lavi / Nov 10, 2022

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Bottom Line: Which is Better - Prophix or IBM?

Prophix is more expensive to implement (TCO) than IBM, and IBM is rated higher (86/100) than Prophix (85/100). Prophix offers users more features (3) than IBM (0).

Looking for the right Business performance management 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:

PROPHIX Software Vs. IBM

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...

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.

Who is more expensive? Prophix or IBM Planning Analytics?

The real total cost of ownership (TCO) of Business performance management 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 Prophix and IBM Planning Analytics.

Prophix accurate pricing info is available upon request (they don't share it publicly), however , 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 starts at $120 per user/month , When comparing IBM Planning Analytics to its 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.

Which software includes more/better features?

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: We are still working to collect the list of features for IBM Planning Analytics.

Target customer size

Prophix's typical customers include: Medium and large size businesses, and IBM Planning Analytics's target customer size include: Small, medium and large size businesses.

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.

IBM Planning Analytics

ITQlick rating
(4.2/5)

starts at $120 per user/month

IBM Planning Analytics software device is a supply chain management software designed for planning, forecasting, budgeting, and analysis purposes. It is designed in both premise and cloud-based format.

Categories: Business performance management, Dashboards & KPIs, Sales orders, Application Performance Management, 3D Modeling.

Compare specifications

Compare features

Prophix: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

IBM Planning Analytics: 0 Features

We are working to collect the information
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
Prophix
ITQlick rating
4.5/5
Score
85/100
Pricing
6/10
License pricing
Pricing not available
Functionality
7
Compare
IBM
ITQlick rating
4.2/5
Score
86/100
Pricing
2.2/10
License pricing
$120 per user/month
Functionality
5
Review
Oracle H...
ITQlick rating
4/5
Score
91/100
Pricing
4.2/10
License pricing
$9,995 per license
Functionality
14
Anaplan
ITQlick rating
4.4/5
Score
89/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
24
Planning...
ITQlick rating
4/5
Score
87/100
Pricing
6.4/10
License pricing
$10,000 per year
Functionality
29

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.