- Ability to easily add parent and child dimensions
- Ability to create statistical accounts to calculate metrics or calculate variable driven budgets directly in the budgeting software
I’ve used more budgeting systems than I can count and Prophix has always been the bar I’ve compared the others to. The ability to streamline dynamic variable-driven budgets in addition to different hierarchies has always been imperative to the budgeting process.
I've used it for four years.
At times, Prophix would crash if too many files were open.
I’ve used M3, MoveX, MAX, SAP, Essbase, Cognos, and M3. I prefer Essbase and Prophix to the others.
The time saved by building variables to drive accounts inside the budgeting system, along with balancing accounts to spread increases or decreases based on different accounts or versions, more than makes up for the pricing of the software. As long as Prophix stays low-cost compared to other software, they will remain a viable option for my consulting clients.