Overview
Product Information on Prophix One
Updated 12th December 2025
What is Prophix One?
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Overall experience with Prophix One
ENTERPRISE ACCOUNT EXECUTIVE
10B - 30B USD, SoftwareFAVORABLE
“Strong Choice for Replacing Cumbersome Excel Reporting”
Prophix One is fairly user-friendly for finance teams. Budget holders especially like line item schedules and workflows. It's a strong choice when looking to replace cumbersome excel forecasting and budgeting. It offers reliable core FP&A functionality, and is fairly strong value.
Finance Manager
1B - 3B USD, MiscellaneousCRITICAL
“Summary”
The implementation was easy and fast to get consolidation done. Need some time to educate the users on the flow and how to check the error. However, there is limitation to pull CJE out and import of exchange rate should be can done for several periods in one time if possible.
About Company
Company Description
Prophix provides financial performance management software that supports budgeting, forecasting, reporting, reconciliation, close, and consolidation. The Prophix One platform brings these processes together in one unified platform to help finance teams access and analyze financial data and manage financial operations. Prophix serves more than 3,000 customers across multiple industries and geographies and offers capabilities that support accuracy, efficiency, and transparency in finance and accounting activities.
Company Details
Company type
Private
Year Founded
1987
Head office location
Toronto, Canada
Number of employees
501 - 1000
Website
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- ENTERPRISE ACCOUNT EXECUTIVE10B+ USDSoftwareReview Source
Strong Choice for Replacing Cumbersome Excel Reporting
Prophix One is fairly user-friendly for finance teams. Budget holders especially like line item schedules and workflows. It's a strong choice when looking to replace cumbersome excel forecasting and budgeting. It offers reliable core FP&A functionality, and is fairly strong value. - Director of Business Intelligence50M-1B USDServices (non-Government)Review Source
Intuitive Platform Offers Scalability with Outstanding Customer Service
Prophix's customer service and implementation team is by far the best I have worked with. The platform is intuitive and works as it what designed to. - VP, FINANCE50M-1B USDMediaReview Source
Implementation Across Organization was very smooth with high compliance rates
We were one of the early adopters. Prophix responded quickly to all our concerns and also fixed any issues in a timely manner - Consolidator50M-1B USDReal EstateReview Source
Rapidly evolving financial software made by financial experts
Overall, the application Prophix One Financial Consolidation is extremely user friendly and very easy to learn and use. It offers a variety of useful possibilities and the constant commitment of the development and support teams to always improve it make it an interesting software to watch closely. The product is evolving rapidly, with the subtle ability to evolve without causing confusion to the users. The enhancement of existing functionalities, the improvement of the user experience and the creation of new tools that are intelligently integrated into the software are done frequently, discretely, with a strong majority of positive impacts (instead of disturbances that we can too often experience with a variety of software upgrades). The helpdesk and their development team are always able to provide quick assistance whenever we need it. The possibilities allow our group to mainly easily handle non-controlling interests, the differentiation between Local GAAPs and IFRS, subconsolidations, integration of data from different sources, intercompany reconciliation, financial reporting, consolidation eliminations, and much more. Not only does it reduce the time consumption of our consolidation process, but it also increases the accuracy with the automation of processes, the financial reporting, the audit reporting and the validation rules. - Partner50M-1B USDReal EstateReview Source
More than 10 years of track record
I have been working since 10 years with Sigma Conso, which has been bought by Prophix in 2021. The quality of the tool, the efficiency of the service and the customer relationship have always been excellent.
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