Prophix Review

It was a straightforward setup, with the exception of the template design for financial reporting.

Valuable Features

  • Budgeting
  • Forecasting
  • Analysis
  • Financial Reporting

Improvements to My Organization

  • Budgeting/Forecasting is first and actual is layered in
  • Actual data is imported for analysis and financial reporting
  • Multidimensional architecture facilitates analysis and reconciliation

Room for Improvement

The process speed/integration with sources of transaction detail needs work.

Use of Solution

I've used it for three years.

Deployment Issues

The template design was awkward but it improved significantly with a later release.

Stability Issues

No issues encountered.

Scalability Issues

There was an issue with handling the number of customer/product combinations and had to use an alternative, less integrated, application.

Customer Service and Technical Support

Customer Service:

It's excellent.

Technical Support:

It's excellent.

Previous Solutions

We used Oracle's General Ledger Financial Statement Generator. The budget and forecast was imported to a general ledger for financial reporting and analysis.

Initial Setup

It was straightforward, with the exception of the template design for financial reporting. Again, this improved significantly with a later release.

Implementation Team

We used a vendor team, and their level of expertise was excellent.

Pricing, Setup Cost and Licensing

No monetary amount is available, but ultimately it is considered to be half of the cost of Oracle Business Intelligence/Planning solution.

Other Solutions Considered

  • Oracle Business Intelligence
  • Hyperion Planning

Other Advice

Integration with the transaction detail from other sources will be up to the expertise and effort of the customer. Processing speed may be understandably slow with the online manipulation of millions of dimensional member combinations.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
1 visitor found this review helpful
Add a Comment
Sign Up with Email