Prophix Review - why 4.5 stars?
Compare PricingITQlick Score: | 85/100 |
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ITQlick Rating: |
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Pricing: | 6/10 - average cost |
Category: | Business performance management -> Prophix review |
Ranking: | Ranked 7 out of 47 Business performance management systems |
Company: | PROPHIX Software |
Typical customers: | Medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | Prophix pricing, Prophix alternatives |
Shlomi Lavi / updated: Nov 10, 2022
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.
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Table of Contents
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.
Who is it best for?
The typical customers include the following business size: Medium and large size businesses.What is the actual cost?
ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Prophix. You can also find here pricing information from Prophix's website.Pros
- Prophix Software offers a single source of truth as it offers only one database for all financial information
- The software is highly flexible and supports customization
- Prophix Software has a robust functionality set with several features integral to business performance management
Cons
- The platform can occasionally be slow to load, or experience crashes
- Prophix Software customer service is not designed to handle emergency issues, as responses are often delayed
How it stacks up?
Access a head to head analysis of Prophix vs alternative software solutions. ITQlick rating
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Frequently Asked Questions (FAQs)
Is Prophix right for you or your business?
Prophix Software is a business performance management solution for companies in construction, healthcare, higher education, manufacturing, and insurance. The software is highly scalable for midsize and enterprise organizations. Some clients that use Prophix include JYSK, Berendsen, and Superior Construction.List of categories
Accounting & Finance
Billing & Invoicing
Budgeting & CPM
Medical Accounting
List of features
Data Import/Export
Basic Reports
Online Customer Support
Auditor - Shlomi Lavi
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.