Prophix Review

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Last updated: Mar 09, 2020

Prophix Review

ITQlick rating
(4.5/5)

Medium business, Large business

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

Shlomi Lavi / updated: Mar 09, 2020

What is Prophix?

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. The solution helps the user analyze financial data as well as organize information.

The user can manage information such as cash flow, budgeting, balance sheets and income statements. The solution offers data analysis solution. It also supports financial and non-financial budgeting including up, down, top, bottom, activity-based and zero-based methodologies. The solution provides modules for saving staff records including medical expenses, salary and tax calculations.

It also has multiple modelling options for forecasting which include inter-period forecasts rolling forecasts and “what if” analysis.

Average Rating -

The rating of Prophix is 4.5 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

The typical customers include the following business size: Medium business, Large business.

Competitors & Alternatives

The two main competitors of Prophix include Budget Maestro and OutScale. Budget Maestro is a cloud-based budgeting, cloud management, and business performance management solution the same way as Prophix. Prophix is a product of Prophix Software which was founded in 1987 and based in Canada whereas Budget Maestro is a product of Centage which was established in 2001 in the US.

Both Prophix and Budget Maestro offer a free trial. Prophix caters to businesses of all sizes, and in every industry and on the other hand Budget Maestro caters to SME businesses that range from $10 million to $500 million in revenue. Outscale is a cloud-based cloud-management solution just like Prophix budgeting software.

Prophix is a product of Prophix Software which was founded in 1987 and based in Canada, and by contrast, Outscale is a product of Outscale which was founded in 2010 in France. Prophix offers a free trial, but Outscale doesn’t. Prophix caters to businesses of all sizes and in every industry, but Outscale provides to small to large companies.

Both Prophix and Outscale offer support online, during the business hours and 24/7 live rep.

Prophix Pricing Information

The experts at ITQlick has reviewed Prophix pricing and gave the software a total cost of ownership (TCO) rating of 6 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Prophix in action

Is it the right software for you?

Prophix budgeting is ideal for businesses of all sizes including large enterprises, mid-size business, and small business. It caters to a range of industries such as construction, financial services, government and utilities. Middle-East and Africa, Brazil, Canada, Europe, Germany, Latin America, United Kingdom, United States.

Prophix Categories

Accounting & Finance
Billing & Invoicing
Budgeting & CPM
Medical Accounting

Specifications

Company:
Address: Grove House Business Centre, Lutyens Close, Lychpit, Basingstoke, Hampshire, United Kingdom
Website:https://www.prophix.com/
Customers: Medium business, Large business
Business Area: Cross Business Areas, Finance management, Human resources, Information technology, Production, Project Management, Service management, Supply Chain & Distribution, Sustainability
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

Prophix Features

Data Import/Export
Basic Reports
Online Customer Support

Prophix Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, 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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Prophix
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
85/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
7
Fit small business
Fit medium business
Fit large business
Software review
Oracle
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.2/10
License pricing license pricing (if provided by the software vendor)
$9,995 per license
Hosting
On premise
Functionality score
14
Fit small business
Fit medium business
Fit large business
Software review
Anaplan
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
89/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
24
Fit small business
Fit medium business
Fit large business
Software review
Budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
87/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$10,000 per year
Hosting
On premise and Cloud
Functionality score
29
Fit small business
Fit medium business
Fit large business
Software review
Infor
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$150 per user/month
Hosting
NA
Functionality score
38
Fit small business
Fit medium business
Fit large business
Software review