Compare QuickBooks and Prophix - Jan 2023

Shlomi LaviShlomi Lavi / Jan 25, 2023

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Bottom Line: Which is Better - QuickBooks or Prophix?

Prophix is more expensive to implement (TCO) than QuickBooks, and QuickBooks is rated higher (87/100) than Prophix (85/100). QuickBooks offers users more features (15) than Prophix (3). There is a clear winner in this case and it is QuickBooks!

Looking for the right Core Accounting 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:

Intuit Vs. PROPHIX Software

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

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? QuickBooks or Prophix?

The real total cost of ownership (TCO) of Core Accounting 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 QuickBooks and Prophix.

QuickBooks price starts at $15 per month , On a scale between 1 to 10 QuickBooks is rated 2, which is much lower than the average cost of Core Accounting software. Prophix accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 QuickBooks is rated 2, which is much lower than the average cost of Core Accounting software.

Bottom line: Prophix is more expensive than QuickBooks.

Which software includes more/better features?

We've compared QuickBooks Vs. Prophix based on some of the most important and required Core Accounting features.

QuickBooks: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing, Check Printing, Credit Card Processing, General-Ledger.

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

Target customer size

QuickBooks Premier 2014 was designed for use by every type of business. and Prophix's target customer size include: Medium and large size businesses.

QuickBooks

ITQlick rating
(5/5)

starts at $15 per month

Quickbooks is a cloud-based accounting software designed for self-employed and small businesses. The solution helps the user manage all their finances with either an online version or licensed.

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Medical Accounting.

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

QuickBooks: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Check Printing
Credit Card Processing
General-Ledger
P&L Statement
Purchase Orders
Sales Reporting
Time & Expense
Invoice Scheduling
Invoice Templates
Time and Expense Tracking

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
QuickBooks
ITQlick rating
5/5
Score
87/100
Pricing
3.2/10
License pricing
$15 per month
Functionality
20
Compare
Prophix
ITQlick rating
4.5/5
Score
85/100
Pricing
6/10
License pricing
Pricing not available
Functionality
7
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

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.