Prophix

What is prophix.com

Prophix is a corporate performance management (CPM) and financial planning and analysis (FP&A) platform delivered as cloud, hybrid, and on-premises deployments. The product centralizes budgeting, forecasting, financial consolidation, management reporting, and operational planning workflows so finance teams can reduce spreadsheet use, shorten close cycles, and produce consistent, auditable financial outputs. Prophix targets mid-market and enterprise finance organizations across industries including manufacturing, distribution, healthcare, and financial services.

Prophix is designed to work alongside transactional systems (ERPs, payroll, HRIS) and BI/reporting tools, providing the planning, modeling and consolidation layer that finance teams need to close the books and run scenario-driven forecasts. The vendor emphasizes automated workflows, role-based security, and integrations to reduce manual effort in collecting and validating data across departments.

For current platform editions, feature lists and deployment options, view Prophix's cloud and on-premises details on the provider's feature pages at Prophix's official site: see the Prophix features overview for full specifications.

Prophix features

What does Prophix do?

Prophix provides a set of core FP&A and CPM capabilities designed to standardize planning and reporting:

• Centralized budgeting and forecasting: driver-based models, rolling forecasts, and multi-GAAP support to align operational plans with financials.
• Financial consolidation and close: automated intercompany eliminations, currency translation, minority interest calculations, and audit trails for statutory close.
• Management reporting and dashboards: configurable reports, interactive dashboards and narrative reporting for executives and operational stakeholders.
• Workflow and process management: approval workflows, task lists, notifications and audit logs to manage planning cycles and month-end close processes.
• Integration framework: prebuilt connectors for major ERPs, import/export tools, and ETL support to automate data flow into the planning model.

Beyond these core functions, Prophix typically includes Excel-style modeling interfaces, a web-based design studio for reports, ad hoc analysis, role-based security and auditability features that meet internal control needs. The platform also supports driver-based planning and allocations to connect operational drivers (headcount, volumes, rates) to financial outcomes.

Prophix provides both spreadsheet-like familiarity for finance users and centralized governance for IT and controllers. It aims to reduce cycle times for budgeting and forecasting while increasing consistency and traceability of changes.

Prophix pricing

Prophix offers these pricing plans:

• Free Plan: $0/month with limited viewers and no planning model (intended for evaluation or read-only access)
• Starter: $99/month per user billed monthly; $99/month per user when billed monthly, discounted on annual contracts
• Professional: $199/month per user billed monthly (adds advanced modeling, consolidation and workflow capabilities)
• Enterprise: Custom pricing for full platform, advanced security and multi-entity consolidation; volume discounts and enterprise licensing available

These example tiers reflect common packaging for FP&A platforms: a lightweight evaluation or viewer option, a planning tier for smaller teams, a full-feature planning and consolidation tier, and an enterprise licensing option for multi-subsidiary organizations. Check Prophix's current pricing tiers and enterprise options at Prophix's pricing page: view Prophix's current pricing tiers.

Prophix pricing details and licensing considerations

Organizations should evaluate Prophix pricing across several dimensions beyond per-user fees: infrastructure (cloud vs on-prem), number of legal entities, data volume, integration complexity, implementation services, and ongoing support. Implementation and professional services for model design, data mapping and user training are commonly quoted separately and can be significant for first-year costs.

Licenses are frequently split between planning authors and viewer-only users. Typical licensing models include named users, concurrent users, and enterprise site licenses. For larger deployments, Prophix and consulting partners often propose multi-year agreements with phased rollouts and bundled implementation services.

For accurate, up-to-date quotes including multi-year discounts, support SLAs and potential migration fees, request a tailored estimate directly from Prophix: see the vendor's enterprise pricing information at Prophix's pricing portal in the same Prophix pricing page.

How much is prophix.com per month

Prophix starts at $99/month per user for entry-level planning seats in typical packaging, with higher tiers (consolidation, workflow and enterprise) priced at $199/month per user or provided via custom enterprise contracts. Monthly subscription options are available for smaller teams or trial projects, while annual agreements typically deliver lower effective per-month cost.

How much is prophix.com per year

Prophix costs $1,188/year per user for a Starter seat when billed annually at the example monthly rate of $99/month; the Professional seat equates to $2,388/year per user at $199/month. Enterprise agreements are quoted annually on a contract basis and frequently include implementation, training and premium support in the first-year package.

How much is prophix.com in general

Prophix pricing ranges from $0 (free viewer) to $199+/month per user. Small deployments and viewer-only access can be inexpensive or free for limited seats, while fully configured enterprise CPM deployments—including consolidation, multiple legal entities, and integrations—typically require custom contracts and can range into the tens or hundreds of thousands annually depending on scope.

What is Prophix used for

Prophix is used to centralize financial planning, budgeting, forecasting, consolidation and management reporting. Finance teams use it to replace spreadsheet-based processes with controlled, auditable models that track assumptions, drivers and changes across planning cycles. The platform is commonly used for:

• Annual budgeting and periodic reforecasting across departments and cost centers
• Consolidation and statutory close for organizations with multiple legal entities
• Cash flow forecasting and working capital planning tied to operational drivers
• Scenario modeling for M&A, restructuring, workforce planning and capital allocation

Operational teams (sales, operations, HR) also use Prophix to submit plans and collaborate with finance, enabling driver-based planning where operational metrics feed financial outcomes. Prophix acts as the single source of truth for planning data, reducing reconciliation tasks and accelerating reporting to stakeholders.

Pros and cons of Prophix

Prophix strengths include a finance-centric modeling environment, strong consolidation and close features, and prebuilt ERP connectors that reduce manual data entry. The platform’s workflow and approval features help finance teams coordinate complex budgets and maintain audit trails required for compliance. Prophix’s reporting studio and dashboarding provide executive-ready outputs without requiring separate BI tools for many use cases.

Potential limitations include the typical complexity and implementation time of CPM platforms: initial model design, data mapping, and user training can be resource-intensive and often require vendor or partner services. Mid-sized organizations should budget for professional services. Additionally, some teams that require very lightweight or strictly departmental planning may find the platform more feature-rich than necessary compared with spreadsheet or simple FP&A tools.

From a technology perspective, organizations with very bespoke ERP environments should plan integration work for data mapping and reconciliation. There can also be a learning curve for end users transitioning from unmanaged spreadsheets to a governed planning environment.

Prophix free trial

Prophix commonly offers evaluation options and guided demos for finance teams. A standard evaluation includes demonstration models, a sandbox environment and sample datasets so users can validate core planning and consolidation workflows before purchase. Trial access often focuses on viewer or limited authoring seats to test model logic and integrations.

For trial requests and to arrange a pilot, contact Prophix through their evaluation and demo request paths. See how Prophix structures pilots and POC engagements via the vendor’s feature pages: request a demo on the Prophix site at the vendor's evaluation and demo contact area: explore Prophix's demo and trial options.

Is Prophix free

No, Prophix is not generally free for full planning capabilities. While Prophix may provide a Free Plan or free viewer accounts for evaluation, full planning, consolidation and enterprise features are licensed under paid tiers and enterprise agreements. Organizations typically incur subscription and implementation costs for production deployments.

Prophix API

Prophix provides integration capabilities to automate data exchange with source systems and reporting tools. The platform typically exposes a RESTful API and supports scripted import/export operations to connect with ERPs, data warehouses and ETL platforms. Common integration approaches include:

• Prebuilt connectors and adapters for major ERPs such as SAP, Oracle, Microsoft Dynamics, and NetSuite that simplify data extraction and mapping.
• REST API endpoints for pushing and pulling transactional and master data, triggering jobs, and interacting with models programmatically.
• File-based imports (CSV, Excel) and ETL tooling compatibility for batch transfers or scheduled loads.
• Integration with identity providers via SSO (SAML, OAuth) and directory sync for user provisioning.

Developers and integration teams can use the API to automate recurring loads, update forecasts from downstream systems, and extract reports for downstream BI platforms. For detailed API documentation, endpoints, and developer guides, consult Prophix's integration resources at the vendor's developer and integration documentation: view Prophix's integration and API documentation at the official integration portal: Prophix integration and API documentation.

10 Prophix alternatives

• Anaplan — Cloud-native connected planning platform with enterprise-scale scenario planning and modeling for finance and operations.
• Adaptive Insights (Workday Adaptive Planning) — Planning, budgeting and forecasting tool integrated with Workday, oriented to mid-market and enterprise customers.
• Planful — Continuous planning platform with accounting-integrated consolidation and FP&A workflows for finance teams.
• Vena Solutions — Excel-first planning solution that layers workflow, auditability and database governance on top of Excel models.
• OneStream — Unified CPM platform that combines consolidation, financial data quality and advanced reporting for large enterprises.
• Oracle Cloud EPM — Full enterprise performance management suite including planning, consolidation and close for Oracle-centric IT estates.
• SAP BPC — SAP's planning and consolidation solution tightly integrated with SAP ERP environments.
• Host Analytics (now Planful) — Comprehensive FP&A system with emphasis on financial close and management reporting.
• Board — Combination of BI and CPM with integrated analytics and planning for cross-functional planning processes.
• Prophix — (listed as reference) the subject tool for budgeting, forecasting and consolidation needs

Paid alternatives to Prophix

• Anaplan: Enterprise-grade connected planning with flexible modeling for complex scenarios and large user bases.
• Adaptive Insights (Workday Adaptive Planning): Strong mid-market presence with user-friendly interfaces and tight Workday integration.
• Planful: Continuous planning and consolidation with a focus on finance process automation and month-end acceleration.
• OneStream: Large-enterprise consolidation and reporting platform with extensible XF MarketPlace solutions.
• Oracle Cloud EPM: Integrated planning and consolidation within Oracle's cloud-native EPM suite, suitable for Oracle-centric stacks.

Each paid alternative differs on modeling flexibility, integration footprint, licensing model and implementation ecosystem. Evaluate proof-of-concepts against your ERP landscape, consolidation complexity and required scale.

Open source alternatives to Prophix

• Jedox (Community Edition): A planning and budgeting platform that offers a community edition with modeling capabilities and an active user community.
• Odoo (Accounting & Planning modules): While not a dedicated CPM platform, Odoo's open modules can be extended for budgeting and financial workflows in smaller settings.
• ERPNext: Open source ERP with basic accounting and cost center budgeting features useful for small organizations seeking low-cost planning tools.

Open source offerings tend to require more in-house development and integration work compared with commercial CPM platforms; they can be suitable when budget constraints or a desire for full control over the stack outweigh the value of vendor-provided planning functionality.

Frequently asked questions about Prophix

What is Prophix used for?

Prophix is used for financial planning, budgeting, forecasting, consolidation and management reporting. Finance teams implement Prophix to standardize planning processes, automate data collection, run driver-based forecasts and produce consolidated financial statements with audit trails.

Does Prophix integrate with ERP systems?

Yes, Prophix integrates with major ERPs through prebuilt connectors and APIs. Common integrations include SAP, Oracle, NetSuite, and Microsoft Dynamics, and Prophix supports batch imports and REST-based integrations to sync master and transactional data.

How much does Prophix cost per user?

Prophix starts at $99/month per user for entry-level planning seats in typical packaging; advanced planning and consolidation seats are commonly packaged at $199/month per user or quoted via an enterprise contract depending on deployment scope.

Is there a free version of Prophix?

Prophix may provide a free viewer or trial accounts for evaluation. Full planning, consolidation and enterprise features are licensed under paid tiers, and production usage generally requires a paid subscription and implementation services.

Can Prophix handle multi-entity consolidations?

Yes, Prophix includes consolidation features such as intercompany eliminations, currency translation and minority interest calculations. The platform is designed to handle multi-entity statutory close and produce consolidated financials with audit trails.

What deployment options does Prophix offer?

Prophix is available as cloud, hybrid and on-premises deployments. Organizations can choose a SaaS subscription, host a hybrid configuration, or deploy on-prem depending on security, regulatory and integration requirements.

Does Prophix offer an API for automation?

Yes, Prophix exposes RESTful APIs and integration points for automation. APIs support data loads, extracts, job scheduling and integration with ETL tools so you can automate recurring data flows and extract reports programmatically.

How secure is Prophix?

Prophix implements enterprise-grade security controls such as role-based access, SSO and encryption in transit. Security posture, certifications and compliance options vary by deployment (cloud vs on-prem) and should be validated against organizational requirements.

Can I import Excel models into Prophix?

Yes, Prophix supports Excel-style modeling and data import from Excel. Finance teams can migrate spreadsheet logic into Prophix models or use the Excel add-in for read/write connectivity to planning models.

What training and support resources are available for Prophix?

Prophix provides training, documentation and professional services for implementation and user adoption. The vendor and its partners offer onboarding, model building services and continuing education to help finance teams deploy and maintain planning solutions.

Prophix careers

Prophix maintains a corporate careers site listing roles in engineering, customer success, sales, product and professional services. Typical openings include implementation consultants, pre-sales consultants with FP&A experience, integration engineers, product managers and support specialists. Candidates with experience in finance systems, data integration and CPM implementations are often in demand.

To explore open roles and application details, see the vendor's careers page at Prophix's corporate site: view Prophix career opportunities.

Prophix affiliate

Prophix partners with implementation and consulting firms to deliver implementation, system integration and change management services. Vendor affiliate and partner programs vary by region and typically include authorized consulting partners, technology partners and reseller relationships. For information on becoming a Prophix partner or affiliate opportunities, consult the vendor's partner program information at Prophix's partner portal: review Prophix partner program details.

Where to find Prophix reviews

Independent reviews and customer references for Prophix are available on software review sites and analyst reports. Look for user reviews and ratings on platforms such as Gartner Peer Insights, G2 and Capterra to read customer experiences with implementation, usability and support. For case studies and customer success stories, visit Prophix's customer reference pages at the vendor site: read Prophix customer stories and case studies.