Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.
N/A
Workday Adaptive Planning
Score7.7 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.
Director, financial planning in Finance and Accounting at American Kennel Club Inc (Non-profit Organization Management, 201-500 employees)
Chose Prophix
We compared Prophix with Board and Adaptive Planning. Prophix seemed to be much more user friendly when compared to Board. It was just a more robust product. It did stack very well with Workday Adaptive Planning, but what set them apart was that Prophix has a great …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Senior Vice President - Treasurer / Planning and Analysis in Finance and Accounting at Texas Security Bank (Banking, 51-200 employees)
Chose Prophix
Workday Adaptive Planning had some excellent looking features such as report design and processing speed and efficiency. Fiserv Prologue really excels at providing banking specific functionality built-in. We ultimately felt the Prophix provides the best blend of the other …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
We chose Prophix because of their better service, their Canadian presence, cost and overall it seemed a better match to our needs. Workday seemed like it was for bigger companies and came at a higher cost.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
Very simple end-user experience, easy to implement, ability to link to and from Microsoft D365.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Director of Operational Excellence in Finance and Accounting at Reynolds Lake Oconee (Hospitality, 501-1000 employees)
Chose Prophix
Workday seems as though it had similar features, price point was much higher. We selected Prophix because we had it many years ago before the cloud and several new features.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
AVP for FInance in Finance and Accounting at Southwest Baptist University (Higher Education, 201-500 employees)
Chose Prophix
We found Prophix to be more flexible than the other solutions. It proved to have less of an implementation timeframe, and we felt more comfortable supporting the system ourselves post-implementation. We were also surprised to find that Prophix's pricing was more competitive …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
Both of these other solutions were on our top 3 list. Based on responses to single-sign-on and multi-factor authentications, Solver was rated our number 3 choice. Workday Analytics was more "polished" and offered a great product. In the end, it was the customer service …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Controller in Finance and Accounting at Ohio Northern University (Higher Education, 501-1000 employees)
Chose Prophix
Prophix has proven to be a low cost, responsive solution compared to these other products. Prophix continues to make improvements to its product in the 5 years since we acquired the product. The team at Prophix is responsive, easy to work with, and eager to help. We are very …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Financial Reporting Manager in Finance and Accounting at Westcan Bulk Transport (Transportation/Trucking/Railroad, 501-1000 employees)
Chose Prophix
At the end of the day we felt like all three could probably do what we wanted - one was considerably more expensive than where Prophix came in at, so we eliminated it. The other would've been a cheaper solution, but we felt like it was a bit of a downgrade, and we liked the …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Controller in Finance and Accounting at Country Maid, Inc (Food & Beverages, 51-200 employees)
Chose Prophix
Prophix has been easier to use and easier to understand how it functions and operates. Their initial training in getting Prophix is very helpful in getting a good understanding of the product. I like dealing directly with the software company I am using. Adaptive we were using a …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
Prophix definitely has the cost vs benefit nailed down. Our decision really came down to which product would accomplish what we needed for the price point we were looking at. With Adaptive being purchased by Workday, there were so many unknowns. Prophix had such a great demo …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Senior Financial Analyst in Finance and Accounting at MTM (Transportation/Trucking/Railroad, 1001-5000 employees)
Chose Prophix
I have not used any other product like Prophix but I have looked at Adaptive and it seems to be very similar. I have only watched a video or two on Adaptive Insights, so I don't have a lot of data to compare the two. Adaptive's detailed planning did seem a little more in depth.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Financial Analyst in Finance and Accounting at Huneeus Vintners (Food & Beverages, 51-200 employees)
Chose Prophix
Prophix was very close to Adaptive. Ultimately, we chose it over Adaptive for reasons of ease of adoption, clearly outlined post-implementation costs & support, and the fact that the company only produces one software, and focuses its attention only on this.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
FP&A Systems Development in Finance and Accounting at Barber National Institute (Hospital & Health Care, 1001-5000 employees)
Chose Prophix
We selected Prophix over Adaptive because they seemed to be able to tackle our detailed multi-tiered allocations and adaptive could not do that. Also, adaptives customer service was definitely not as robust as Prophix.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
We have not yet purchased Adaptive Insights. From the demos we have seen it works very similar to Prophix, which we are a huge fan of. If Prophix had a better way to connect with Workday we would probably stick with it for a few more years. We will be switching to Adaptive …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
AVP - Budgeting & Analytics in Corporate at Dime Community Bank (Banking, 201-500 employees)
Chose Prophix
The company was looking for a robust tool and during the demo sessions the key budget contributors were satisfied with the user friendliness and positive outlook on the success of Prophix.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Financial Systems Analyst at Boyd Coffee Company (Food & Beverages, 201-500 employees)
Chose Prophix
Compared to Host Analytics and Adaptive, Prophix provides more value for the dollar, especially when we deploy multiple models. Solution set is also comparably built out, so we are not missing any critical functionality. Self-maintenance by finance is also comparable to Host …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
We liked Prophix's user-friendly appearance. The prices were similar, so for us, it was about the interface or how we perceive how easy it would be to use across the college. We brought together a variety of users from across campus to view a demonstration by Prophix and people …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
For our specific use and purpose, most of the packages we reviewed would meet practically all of our needs. Therefore, it came down to the ease/timing of implementation, the availability of support personnel, and the ability to customize for our specific needs. Prophix met …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
Prophix had the feature set we wanted, at the most competitive price, and could be deployed on-prem.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Corporate Controller in Finance and Accounting at Ronnoco Holdings, Inc. (Food & Beverages, 201-500 employees)
Chose Prophix
Hyperion was cost prohibitive for a company our size, and was eliminated early in the process. We evaluated Budget Maestro and Adaptive Planning prior to purchasing Prophix, but decided on Prophix due to combination of lowest cost to implement/maintain, most intuitive …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Financial Analysis Manager in Finance and Accounting at The Tapco Group (Building Materials, 501-1000 employees)
Chose Prophix
The main reasons of why we selected Prophix are cost, value, ease of use, speed of implementation to take this into production, and demonstration of the product to us. We covered all the competitors out there in terms of reviewing on-site or conference call - Host Analytics, …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Prophix
Prophix is deficient to other budgeting software I've reviewed such as Budget Maestro and Adaptive Insights as they are windows based and feature drop down menus and copy and paste feature. The also offer better auditing trail and vendor level budgeting. I was sold on Prophix …
Sr. Business Systems Analyst in Finance and Accounting at Michigan Public Health Institute (MPHI) (Non-Profit Organization Management, 501-1000 employees)
Chose Workday Adaptive Planning
After researching several CPM products, Adaptive and Prophix actually both met our needs quite well. The Adaptive Sales & Design Team went above and beyond in the early stages of exploring whether Adaptive could meet some of our very specific needs. Adaptive's customer …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Senior Manager of Budgets and Reporting in Finance and Accounting at The Country Music Association (Non-Profit Organization Management, 51-200 employees)
Chose Workday Adaptive Planning
When we were evaluating the software solutions we wanted: 1) A product that would efficiently consolidate our annual budget. 2) Something that would be easily adopted by the entire company.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Vice President, Financial Planning and Analysis in Finance and Accounting at ECPI University (Higher Education, 1001-5000 employees)
Chose Workday Adaptive Planning
Adaptive provided the best solution for the price given how we wanted to deploy the solution. For our size business they appear to the be best in class solution.
Host Analytics appeared to provide the same functionality, but was for a more distributed budgeting and …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Workday Adaptive Planning
We look hard at Host Analytics and softly at Longview and Prophix. Adaptive's advantages was ease of use, offered a full solution and pricing. We wanted to roll this out to the entire organization and felt Adaptive met those needs best and could grow with the company.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Workday Adaptive Planning
Cognos - capabilities are very similar. Cognos does allow a "push-down" (e.g. current rollup of Outside Services is $600k, enter $1mm at the highest level and the additional $400k is spread to the lowest level based on the existing spread).
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Sr. Financial Analyst in Finance and Accounting at Volcano Corporation (Medical Devices, 1001-5000 employees)
Chose Workday Adaptive Planning
I have used Hyperion, Prophix, and an internally-developed Access based solution for budgeting, along with Excel. I honestly never want to be in a non-Adaptive environment again. It has most of the flexibility and ease of Excel, without the version control and linking issues …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose Workday Adaptive Planning
We selected Adaptive Insights for two reasons: 1. They are cloud based. With the software being managed on the cloud, we do not need to worry about managing servers, broken data tables, or other back-end concerns. We also don't have to wait for our (already taxed) IT department …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We're a mid-size organization working with a shoestring budget and an IT skeleton crew...not much room to dedicate resources to a platform like this fully. Having it SaaS based is helpful for system management through their Helpdesk system, and a single platform also helps streamline the knowledge needed by our developers when integrating other business aspects to Workday.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
It helps create dynamic plans for finances, operations and various functional units in an organization all under one platform
It helps in scenario modeling to help analyze various business events and report by any number of business dimensions including channel, customer or product
It can be integrated with any system including ERP, BI or CRM
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
The system works well for us, and meets all of our needs. All of our future plans can and will be achieved within Prophix, so there is no need to pursue another product. Prophix has continuously proven to improve their product over the years, which provides an even higher level of confidence in this tool, and future developments
Prophix has always performed consistently. We are using on-premise so many factors can contribute to slower than desired performance, most having nothing to do with Prophix itself. If we move to the web-client cloud based solution I believe performance will even be better.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Prophix Consulting should bring, in house, chargeable expertise in Oracle EBS table access for Drill Across and provide reasonable limits on dimension member combinations so there are no unreasonable expectations about the application of multi dimensional cubes to detail, such as revenue by product and customer.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We felt Prophix was much more flexible than Briq and offered a more solid financial reporting and budgeting package. Briq is more custom built solution-focused. They build solutions to fit your specific needs. The primary reason we went with Prophix is that we wanted something we could tweak and design on our own after the initial build-out of the solution.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Workday became our choice because it is fully web-based and easily integrates with other systems. The learning curve for Workday was shorter than that of Dynamics. The reporting tools in Workday are more user-friendly than that of Dynamics. However Workday did not have Check Printing tools which are available in Dynamics. The organization started a project to digitize all financial transactions so it was not a priority feature. When it comes to scaling up the functionalities of Workday it was much easier than Dynamics.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
It's facilitated a better financial literacy and management by the non-financial managers in the company, giving them a much better ability to see what they're spending, control it, and plan better in the future.
It's hard to quantify the ease of model and version management, but we could never do what we're doing now with our current staff. It would take a small army to replicate anything close to what Adaptive pulls off using Excel, if it's even possible.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
