Fiserv Accurate Reconciliation vs Prophix comparison

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380 views|232 comparisons
PROPHIX Logo
207 views|119 comparisons
100% willing to recommend
Executive Summary

We performed a comparison between Fiserv Accurate Reconciliation and Prophix based on real PeerSpot user reviews.

Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software.
To learn more, read our detailed Financial Close Software Report (Updated: March 2024).
768,246 professionals have used our research since 2012.
Featured Review
Ranking
12th
Views
380
Comparisons
232
Reviews
0
Average Words per Review
0
Rating
N/A
18th
Views
207
Comparisons
119
Reviews
0
Average Words per Review
0
Rating
N/A
Buyer's Guide
Financial Close Software
March 2024
Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
768,246 professionals have used our research since 2012.
Comparisons
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Overview

Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation and daily transactional matching. Some use a manual reconciliation process that relies on error-prone spreadsheets. Exceptions are slow to resolve and it's nearly impossible to achieve the single version of the truth that finance and executive teams need.

That's why organizations worldwide use AccurateTM Reconciliation from Fiserv. It enables demonstrable operational efficiency gains over manual processing and cuts the risk of errors resulting in financial loss.

Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.

Sample Customers
Information Not Available
Solarcentury, Swan Mill Paper Company, Interstates Companies, First Medical Health Plan, Community Physician Network, AAA Southern New England
Top Industries
VISITORS READING REVIEWS
Financial Services Firm30%
Retailer14%
Insurance Company9%
Computer Software Company6%
VISITORS READING REVIEWS
Educational Organization39%
Computer Software Company20%
Manufacturing Company6%
Construction Company5%
Company Size
VISITORS READING REVIEWS
Small Business16%
Midsize Enterprise17%
Large Enterprise67%
REVIEWERS
Small Business30%
Midsize Enterprise30%
Large Enterprise40%
VISITORS READING REVIEWS
Small Business26%
Midsize Enterprise49%
Large Enterprise25%
Buyer's Guide
Financial Close Software
March 2024
Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
768,246 professionals have used our research since 2012.

Fiserv Accurate Reconciliation is ranked 12th in Financial Close Software while Prophix is ranked 18th in Financial Close Software. Fiserv Accurate Reconciliation is rated 0.0, while Prophix is rated 8.2. On the other hand, the top reviewer of Prophix writes "​Areas where you load your CapEx still need a lot of improvements however, it is easy to build a report". Fiserv Accurate Reconciliation is most compared with Fiserv Frontier Reconciliation and BlackLine, whereas Prophix is most compared with Planful and Vena.

See our list of best Financial Close Software vendors.

We monitor all Financial Close Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.