Reliable and Scalable Financial Consolidation Tool
October 27, 2025

Reliable and Scalable Financial Consolidation Tool

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Prophix

We use Prophix Financial Consolidation and it has significantly improved our governance and control over the entire consolidation process. One of our biggest challenges was the lack of a reliable audit trail, and Prophix has addressed that —providing clear traceability from base data to final numbers. The automated foreign exchange calculations are a great bonus, and the user-friendly interface makes it easy to navigate and manage tasks efficiently.

Pros

  • Finance Consolidation
  • User Friendly system
  • Customer management
  • It has greatly enhanced our governance and control over the entire consolidation process - we can now easily and quickly track who did what at each stage.
It's an intuitive and straightforward system to use, with a user-friendly interface that makes navigation simple.

Do you think Prophix delivers good value for the price?

Yes

Are you happy with Prophix's feature set?

Yes

Did Prophix live up to sales and marketing promises?

Yes

Did implementation of Prophix go as expected?

Yes

Would you buy Prophix again?

Yes

It's a solid cloud-based financial consolidation tool that scales effectively as your business and its needs evolve.

Prophix Feature Ratings

Not Rated
Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
9.7
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
Not Rated
Detailed Audit Trails
10
9.0
Financial Statement Reporting
9
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
8.5
Flat file integration
9
Excel data integration
Not Rated
Direct links to 3rd-party data sources
8
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
10.0
Drill-down analysis
10
Formatting capabilities
Not Rated
Report sharing and collaboration
Not Rated
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Predictive Analytics
Not Rated
9.0
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Not Rated
Responsive Design for Web Access
Not Rated

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