Prophix Review

​Areas where you load your CapEx still need a lot of improvements however, it is easy to build a report.


Valuable Features

  • OLAP technology
  • The ease of building a report

Improvements to My Organization

  • The products are linked to operational software (SAP) through an ODBC connection, so uploading the data is just on the click of a button
  • Creating a forecast or budget model is very simple
  • The turn around time and accuracy has improved dramatically
  • Analysis became much easier

Room for Improvement

  • Areas where you load your CapEx still need a lot of improvements
  • The Excel add-in is not as good as Hyperions

Use of Solution

I've used it for six years.

Deployment Issues

Yes many issues at the beginning.

Stability Issues

No issues encountered.

Scalability Issues

No issues encountered.

Customer Service and Technical Support

Customer Service:

6/10.

Technical Support:

8/10.

Previous Solutions

We previously used Hyperion, and we switched because Prophix was much cheaper to implement.

Initial Setup

It was complex as we had to setup different types of businesses into our consolidation model.

Implementation Team

We did it through a vendor team who were very good.

ROI

I would say US$80K/year as it has automated the process and saved us from hiring a new analyst.

Pricing, Setup Cost and Licensing

US$98k.

Other Solutions Considered

Yes, we looked at several and Adaptive Planning was one, among others.

Other Advice

I recommend it. It's worth the money you spend on the software.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
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