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Oracle Enterprise Performance Management Cloud vs Prophix comparison

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Buyer's Guide
Financial Performance and Strategy Management
March 2024
Executive Summary

We performed a comparison between Oracle Enterprise Performance Management Cloud and Prophix based on real PeerSpot user reviews.

Find out what your peers are saying about Sage, Workday, Oracle and others in Financial Performance and Strategy Management.
To learn more, read our detailed Financial Performance and Strategy Management Report (Updated: March 2024).
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768,246 professionals have used our research since 2012.
Featured Review
Prasad Bagaregari
Straightforward to set up with good security and good design
In 2019, a very big conglomerate in the energy sector used this solution. In this use case, the data was extremely dynamic in nature, due to the... Read more →
Anonymous User
​Areas where you load your CapEx still need a lot of improvements however, it is easy to build a report.
* The products are linked to operational software (SAP) through an ODBC connection, so uploading the data is just on the click of a button *... Read more →
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
  • "Its licensing covers support and maintenance infrastructure as well."

    • More Oracle Enterprise Performance Management Cloud Pricing and Cost Advice →

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    Questions from the Community
    What do you like most about Oracle Enterprise Performance Management Cloud?
    Top Answer:The solution offers well-integrated platforms for all disciplines of enterprise performance management.
    Read all 2 answers   →
    What is your experience regarding pricing and costs for Oracle Enterprise...
    Top Answer:The solution's licensing covers everything, including a basic number of users, monthly releases and upgrades to the system, complete support hosting infrastructure, system maintenance, and high system… more »
    Read all 2 answers   →
    What needs improvement with Oracle Enterprise Performance Management Cloud?
    Top Answer:Integration of more AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are… more »
    Read all 2 answers   →
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    Earn 20 points

    Ranking
    4th
    out of 22 in Financial Performance and Strategy Management
    Views
    316
    Comparisons
    146
    Reviews
    2
    Average Words per Review
    977
    Rating
    9.0
    7th
    out of 22 in Financial Performance and Strategy Management
    Views
    141
    Comparisons
    81
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Oracle EPM Cloud
    Learn More
    Oracle
    PROPHIX
    Overview

    Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps your mid to enterprise level company model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

    Why Customers Choose Oracle Fusion Cloud EPM:

  • Gain value with the most complete cloud

    Comprehensively address your needs with functional breadth and depth across financial and operational planning, consolidation and close, master data management, and more

  • Use embedded intelligence to make better decisions

    Drive better decisions with scenario modeling and built-in, advanced analytics. AI and machine learning bring you data-driven insights to help you take action faster

  • Plan continuously across your business

    Seamlessly connect data across your entire organization so you can build forecasts and scenarios that update automatically as your bottom line changes.

  • Trust the acknowledged leader in Enterprise Performance Management

    Oracle EPM consistently tops analyst rankings; thousands of customers gain more value from running their EPM processes with Oracle in the cloud.

    • 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
    Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
    Solarcentury, Swan Mill Paper Company, Interstates Companies, First Medical Health Plan, Community Physician Network, AAA Southern New England
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization49%
    Financial Services Firm9%
    Computer Software Company7%
    Retailer5%
    VISITORS READING REVIEWS
    Educational Organization39%
    Computer Software Company20%
    Manufacturing Company6%
    Construction Company5%
    Company Size
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise55%
    Large Enterprise38%
    REVIEWERS
    Small Business30%
    Midsize Enterprise30%
    Large Enterprise40%
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise49%
    Large Enterprise25%
    Buyer's Guide
    Financial Performance and Strategy Management
    March 2024
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    768,246 professionals have used our research since 2012.

    Oracle Enterprise Performance Management Cloud is ranked 4th in Financial Performance and Strategy Management with 2 reviews while Prophix is ranked 7th in Financial Performance and Strategy Management. Oracle Enterprise Performance Management Cloud is rated 9.0, while Prophix is rated 8.2. The top reviewer of Oracle Enterprise Performance Management Cloud writes "Straightforward to set up with good security and good design". 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". Oracle Enterprise Performance Management Cloud is most compared with SAP Business Planning and Consolidation, BlackLine, Workiva Wdesk, CCH Tagetik and Longview Analytics, whereas Prophix is most compared with Planful and Vena.

    See our list of best Financial Performance and Strategy Management vendors and best Financial Close Software vendors.

    We monitor all Financial Performance and Strategy Management 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.