Prophix

Vorteile

Eine Software in der man sich sehr gut einarbeiten kann und man in kurzer Zeit insbesondere in der Planung das ganze Unternehmen einbinden kann. Das Workflow Modul ist genau was wir benötigt haben.

Nachteile

Die visuelle Flexibilität fehlt manchmal im Reporting, aber die Roadmap laut Hersteller hat das auf der Agenda.

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Vorteile

The consultation and training was excellent. The data management is simple and effective. Easy to browse from different modules and pages. The knowledge bank is large and there is a large customer resource pool.

Nachteile

Some of the graphs and charts have limited accessories and capabilities. Learning curve was high, but this may be the nature of the software.

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Vorteile

Cloud Based - don't have to send out P&Ls to all departments anymore
Budget - everyone is using the same template and it auto consolidates it all. no more manual work in spreadsheets
One central source of data, no longer worrying about different spreadsheets saying different things and having to link or update the data in all of them.

Nachteile

Report Binder requies duplicate versions of reports

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Vorteile

Simplicity of the User Interface and the availability of the implementation teams for questions.

Nachteile

At this point, we have seen nothing but positives from our transition to Prophix.

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Vorteile

I like the intuitive nature of the web interface for file management and the capability to have alternate hierarchies for different reporting requirements.

Nachteile

The inability to integrate reports into Powerpoint dynamically and the inability to easily build reports in excel and link them back to Prophix.

Vorteile

The end product/reports that are produced.

Nachteile

The process of implementing and creating report templates.

Vorteile

Prophix was very user friendly for budget holders, and had a great line item schedule that allowed budget holders to put in necessary details to remind them where they left off in quarterly cycles

Nachteile

Prophix would break a lot and fail pulling in data from the erp. Refreshing the data would take up to 12 hours sometimes, making it very hard to make updates and see the impact quickly

Vorteile

Easy to use, powerful, and combines all my data in one place that is easy to access anywhere I go

Nachteile

I think Prophix could continue to dive into machine learning expense forecasting and spread scenarios

Vorteile

Ease of use, ease to teach to new employees, as well as the ease for reporting

Nachteile

I wish there was a way to connect to Power BI

Vorteile

Ease of use, great customer service, customizability.

Nachteile

Line item detail reports are not great for users.

Vorteile

It is very easy and simple to understand.

Nachteile

To access the site. Waiting for password.

Vorteile

Prophix has a lot of features that you can use and it is very flexible.

Nachteile

My biggest issue with Prophix was at first I wasn't used to the software so it seemed hard to work in.

Vorteile

The implementation team from Prophix was amazing! Took their time to explain, teach, and help create everything needed to start using financial reporting within the first 30 days; we also were able to go-live with our first budget in Prophix in less than 90 days. After that, monthly administrative tasks (e.g., using Named Sets) keeps reporting process accurate and timely.

Nachteile

The only "con" would be the refresh time on big reports. With several companies and departments, in order to make reports usable for end-users, all have to be selected...then the refresh time can be up to a minute or two.

Vorteile

Prophix's customer service is top tier- allows willing to help and enhance the user experience. The cloud implementation was the best overall, compared to other software on the market.

Nachteile

There are so many features that we are not utilizing due to time and internal manpower. We have been putting together a project plan to work with our CS staff to ensure we are allowing for more integral processes and reports.

Vorteile

Ease of use by non-accounting users. Also like the customizability of reports

Nachteile

Sometimes (especially this year), there have been issues with integrating to our G/L.

Vorteile

Prophix software makes budgeting and reforecasting a breeze.

Nachteile

It can sometimes be hard for a user to understand/learn.

Vorteile

The ability to be able to forecast and slice and dice data is key in financial and program review. Also, the ability to report on both financial and non financial metrics in one Report and dashboard is an amazing feature.

Nachteile

I would like to see the reporting be more enhanced like Dynamics management Reporter.

Vorteile

The Prophix Analyzer is an Excel Ad In feature that gives users easy access to the financial data through Excel which makes reporting and analysis at month end quicker and easier since Excel is natural for most users. The Continuous Success Program also helps us stay engaged with continuous development for things like maintenance, building additional cubes to track Capex or Personnel, etc.

Nachteile

Support tickets are generally addresses after we are already resolved a case internally. Critical tickets are often not addressed until the next day, particularly if they are submitted in the afternoon. The support through the Continuous Success Program is extremely good for development support. This team is easy to access and very knowledgeable to help with new project, audits on current models, etc.

Vorteile

This software is so easy to configure and use. The RedCarpet online community is there to help you succeed! Other customers are there to help you out if you need it - what other software package does that?

Nachteile

Just that we didn't know about it sooner

Vorteile

Our experience with Prophix has been very favorable. We were looking for a tool to centralize our global financial reporting and planning functions and Prophix allowed us to accomplish this at a very reasonable cost vs other applications that were under consideration. The interface is intuitive and easy for end users to complete the required tasks. The web client satisfied our need for a solution that could be implemented globally.We are also able to administer and maintain the tool within the finance function which increased our flexibility and reduced our reliance on IT. The reporting capabilities met our needs and allows us to easily consolidate and present our data in a multi currency environment. We use Prophix for reporting at all levels, from individual business unit data to Board and Executive level reports. We have several connections to other systems to import data and plan on adding more. The drill through capability to this data is also a nice feature.

Nachteile

Template/Report formatting can be tedious at times

Vorteile

I love how powerful Prophix is as a reporting, analytics, and planning tool. It helps us to speed up our monthly close process, get accurate and timely reports to decision makers within the organization, and helps us prove value to our clients as well with dashboards. It is also a powerful tool for what-if scenario analysis.

Nachteile

It is a little difficult to learn and implement at the front end, but once you get up to speed it is a very powerful tool.

Vorteile

We love the ease of creating the month end financial statements, ad hoc statements, and yearly budgeting process.

Nachteile

The process of moving from the on prem to cloud version was rough but Prophix was there to answer all our questions and resolve all issues so we are up and running now.

Vorteile

The tool is very flexible for customizing the software to our business needs and even if we need to rebuild the structures and data cubes. The experienced Prophix consultants are a pleasure to work with and very knowledgeable.

Nachteile

Dashboard aspects is still a little weak

Vorteile

Ease of use, customizable, allows us to give cost center managers access.

Nachteile

Certain reports - like a summary of all line item schedules. Wish this report was more customizable.

Vorteile

With Prophix it is easier to group data and financial reports. The interface is very practical with very good features

Nachteile

prophix works very well for me I haven't had any complications yet

Vorteile

I like the flexibility of this product. You can build any type of report, forecast, calculation, etc. that you want as long as you can feed data to it. I also really like the customer support - they are very helpful and responsive when their's a problem.

Nachteile

There are some manual activities maintenance activities you need to do. I can navigate it fairly well with the documentations provided.

Vorteile

Ease of use, simple to learn and to share with budget holders, saves time at month end and improves accuracy.

Nachteile

Nothing, even the time difference if we had to have a call with Canada is not an issue

Vorteile

I really liked the way the data integrates, its easy-to-use interface, and the robust data security measures.

Nachteile

I find the visual options, such as graphs and dashboards, quite archaic compared to specialized software dedicated to these features.

Vorteile

Budget process streamlining. Ability to easily switch from month to month for reporting purposes.

Nachteile

Implementation took longer than planned for both implementations I have done.

Vorteile

I found Prophix to be very intuitive FP&A software with average maintenance requirement.

Nachteile

Manual updates (attaching templates one by one, instead of mass update) on budget workflows.

Vorteile

The system is easy to use. Using ad-hocs can be easy to find data quickly. The reporting feature is good, you can throw a report together fairly quick.

Nachteile

Charting capabilities and dashboard creating is lackluster.

Vorteile

Very Easy to use and user friendly with good customer support

Nachteile

Some of the advanced functions could be more

Vorteile

The flexibility and availability of having several users at the same time.

Nachteile

It can get slow when many users are writing to it

Vorteile

Prophix made it easy to track and have dynamic numbers for the budget process.

Nachteile

The loading times have gotten worse - for opening reports, and for the report binders.

Vorteile

What I like most about Prophix is the ability to easily create reports.

Nachteile

The least thing I like about Prophix are some of the minor glitches and slow performance when handling large amounts of data.

Vorteile

Ease of use and the capability of the software. You can create Prophix to fit any business.

Nachteile

No Cons! Prophix has really helped our company streamline our month end closing.

Vorteile

Awesome product with Rich features, specially the Detail Planning manager as well as its Calculation Engine is robust and very detail oriented.

Nachteile

the only bottleneck I find is the process engine as Prophix currently support one process at a time which at times is bothersome and causes time delays.

Vorteile

Ease of use, support and customizability

Nachteile

Sometimes can be slow processing times when working with large amounts of data

Vorteile

It reduced the monthly close cycle. The reporting capabilities are very customizable and easy to setup and UI is very user friendly. Prophix also makes the budgeting process much easier to implement with the use of workflows.

Nachteile

Creation of templates with multiple data views can be challenging specially when updating after initial design and larger templates with multiple data views sometimes can take a long time to open.

Vorteile

The ability to distribute our Income Statement to different users in our hierarchy has saved so much time.

Nachteile

Not totally intuitive. Need some base understanding and training. Not really mobile optimized.

Vorteile

Building reports to display various financial data is by far the best thing about Prophix. The user friendly interface makes it easy to use once you understand what needs to be done.

Nachteile

We have some issues with our integration processes sometimes, but its great that the support team from Prophix is always willing to help quickly.

Vorteile

It is a versatile tool that allows for efficient management of the consolidation process

Nachteile

In my view, some reports are not very clear.

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Vorteile

To start with the easy of implementation and the knowledge of Prophix's internal consultants. It was one of the smoothest implementation we've been through. One of the great features is the ad hoc analysis. It is a quick powerful pivot table like structure that lets you analyze your data very efficiently.

Nachteile

I would say formatting options for dashboard charts could improve. For example, having option to place labels in more than one location on a chart.

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Vorteile

This product makes our monthly reporting so easy. You can create so many monthly reports to quickly conduct analysis and reporting to end users

Nachteile

The only negative that is just takes time to fully know the capabilities of this product. They have a lot of training, are willing to help with what you want to do but just difficult sometimes with having your regular duties as well

Vorteile

The import process is seamless and makes reporting easy and fast. User friendly to manipulate reports and create reports for end users.

Nachteile

Waterfall features not at excel level and some items will have to be exported for formatting, but easily imported back in.

Vorteile

Prophix is easy to use and the Customer support is outstanding.

Nachteile

Sometimes finding information on a topic can be difficult but I use my Customer Support manager to help if I cannot find it.

Vorteile

Having workflow for all the budget owners to input budgets

Nachteile

The dashboards need to be improved in the system

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Vorteile

Ease of running/developing an ad-hoc report

Nachteile

Functionality and features in creating dashboards.

Vorteile

The integration was easy and it is fairly easy to create reports.

Nachteile

Some functionalities works only with the Workflow function which is not useful for us, being only a handful of users. Need to go through the Support team to get the Data Integration to work properly with the format in the file every time we make changes.

Vorteile

Functionality and flexibility of the product and the ease of creating reports.

Nachteile

The biggest con is with the Excel Add-In....it only works with Office 365 and not any of the other versions.

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Warum Prophix gewählt wurde

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