Ram ChennaEnterprise Architect and CTO at Blueray Consulting
We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
"The licensing was purely based on the number of transactions being processed in production."
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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.
The volume of repetitive, manual tasks across finance is overwhelming – every day or at the end of every month, quarter or year. Redwood’s finance automation reduces that unnecessary and time-consuming manual effort. We know because our customers tell us that our finance automation solution helps them achieve a much higher degree of back-office process automation compared with alternatives.
Prophix is ranked 10th in Financial Close Software while Redwood Business Process Automation - Finance Edition is ranked 2nd in Financial Close Software with 1 review. Prophix is rated 0.0, while Redwood Business Process Automation - Finance Edition is rated 10.0. On the other hand, the top reviewer of Redwood Business Process Automation - Finance Edition writes "Out-of-the-box modules help to save time in development and reduce human error". Prophix is most compared with Planful, Adaptive Insights, Solver BI360, IBM Cognos and OneStream XF, whereas Redwood Business Process Automation - Finance Edition is most compared with UiPath, BlackLine, Blue Prism, Automation Anywhere (AA) and SAP Contextor.
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