117 Prophix Software Testimonials

"We use Prophix’s Detailed Planning Manager to budget wages. Next, we would like to compose budgets for projects, and we are keen on implementing sales budgeting. We have loans like other companies, and we will use the software to construct budgets for our loan payments. Prophix makes all of this possible."

“We are now truly agile. Automating our feeds and processes means that we no longer just compile data; we analyze our position from a variety of angles. Prophix allows us not just to see what has happened but to pinpoint what is happening and what will likely happen down the road.”

"Everything was in a slightly different format. We couldn’t review decisions after the fact. There was no master database, no audit trail. We couldn’t easily get an overview of how the individual budget spreadsheets had been calculated. We wanted a way to make the process more consistent, quicker and just better. A single record."

"The Prophix PowerPoint add-in will improve the effectiveness of meetings where CPM data is presented. The “live” link to the software is the next step in the evolution of the way finance teams present, analyze, and even modify data in meetings."

"Sage Intacct customers will benefit from a fully tested and certified solution and be assured peace of mind in choosing Prophix. Together the two pieces of software help companies to be more agile and profitable, while reducing risk."

"I believe all organizations focused on FP&A (who wouldn't be?) need Prophix. Financial reporting tools are changing and Prophix is at the forefront of this evolution."

“Prophix frees up the time for the accountants to analyze the results, as opposed to spending as much time as they were putting the numbers together.”

“Forecasting job revenue has vastly improved with Prophix. We now interface our ERP, project scheduling, and bid management platforms with Prophix. Previously, we were gathering multiple spreadsheets for 100+ different projects with estimated monthly billing and compiling it all into a single Excel spreadsheet. We can now forecast production based on actual quantities coming from MS Project and compare it to the budget to determine if a project is tracking on margin."

“It is quite a novel way of trying to complete an implementation in these locked down times, and we expect to have to overcome some hurdles as we progress (more from our side!). But I believe strongly that it is achievable and have every faith in the Prophix team supporting us, both during and after to overcome any challenges that may arise. With the CSP in place, we feel secure in the knowledge that we will always have someone there to help. When you embark on a project like this, you are almost going into the unknown and there is always the question of the credibility of the partner you choose. Particularly in terms of the strange circumstances, we find ourselves in right now (COVID). The Prophix team have been instrumental. Their integrity, knowledge, understanding of our needs, and overall, the relationships we have established made this an enjoyable experience for our whole team. You believe in your product and we believe in you!”

"I think the biggest thing for us has been to focus on high-level changes. So while we can’t redo our entire budget in one week’s time, we can certainly look at many different scenarios. We’ve been able to look at things like, ‘what if our revenue declines by X percentage?’ and determine how these scenarios will impact our staff and how to best move forward as an organization."

"Through all the different systems that we’ve used Prophix has been the most reliable and they have the best customer service available. Having a streamlined way to communicate with people and knowing it’s going to work how it’s intended is magical."

“Finance departments should have a data repository that contains reliably accurate and up-to-date data. This repository should be able to handle financial and nonfinancial data because departments need both types to analyze and report on their company’s performance. And, to ensure that data is accurate and up-to-date, it should avoid storing data in individual spreadsheets.”

“It is very helpful to have possible Excel templates for people who refuse change and are not into learning new software. With Prophix, data is housed efficiently and it’s easy to do ad hoc analysis. Prophix is very easy to use and it has a nice interface.”

"Because forecasting and scenario planning is designed to facilitate action, it is important that it not be performed in isolation. It requires the buy-in of Senior Leaders in all functions of the company including operations, sales, finance, marketing, IT and supply chain.”

“This pandemic has heightened the need for contingency planning as few were prepared for the size and scope of this crisis. The most common contingencies revolve around all of the core areas of the business and especially the financial statements - balance sheet, income statement and cashflows.”