• HOME
  • CATEGORIES

    • CATEGORIES

    • Browse All Categories
  • FOR VENDORS

    • FOR VENDORS

    • Log In to Vendor Portal
    • Get Started
  • REVIEWS

    • REVIEWS

    • Write a Review
    • Product Reviews
    • Vendor Directory
    • Product Comparisons
  • GARTNER PEER COMMUNITY™
  • GARTNER.COM
  • Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQPrivacyTerms of Service
    ©2026 Gartner, Inc. and/or its affiliates.
    All rights reserved.
  • Categories

    • No categories available

      Browse All Categories

      Select a category to view markets

  • For Vendors

    • Log In to Vendor Portal 

    • Get Started 

  • Write a Review

Join / Sign In
  1. Home
  2. /
  3. Prophix One
Logo of Prophix One

Prophix One

byProphix
in
4.4
Market Presence: Financial Planning Software, Financial Close and Consolidation Solutions

Overview

Product Information on Prophix One

Updated 12th December 2025

What is Prophix One?

Prophix One Financial Close and Consolidation (FCCS) unifies your entire close process across consolidation, intercompany management, account reconciliation, lease accounting, and disclosure management. Built for complex, multi-entity environments, it automates eliminations, ownership calculations, consolidation adjustments, reconciliations, and compliance processes—reducing close cycles and manual effort. With support for IFRS and US GAAP, real-time dashboards, drill-down transparency, and full auditability, finance teams gain accuracy, control, and confidence. FCCS adapts to M&A, reorganizations, and evolving reporting needs while empowering finance with a scalable, self-service platform that delivers a faster, more strategic close.

Prophix One Pricing

Prophix One uses a subscription model based on the number of users and the applications licensed. Customers pay only for the user roles and functional modules they need, making the solution scalable and flexible as their businesses and requirements grow.

Prophix One Product Images

Consolidation Workflow
Consolidation Workflow
Consolidation Status Board
Consolidation Status Board
Account Reconciliation Home
Account Reconciliation Home

Overall experience with Prophix One

IT Security & Risk Management Associate
250M - 500M USD, Construction
FAVORABLE

“Critical consolidation features available, but manual work remains for less mainstream ERP software integration.”

4.0
Jun 17, 2026
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
Finance Manager
1B - 3B USD, Miscellaneous
CRITICAL

“Summary”

3.0
Feb 28, 2019
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.

About Company

Company Description

Updated 16th December 2025

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

Updated 16th December 2025
Company type
Private
Year Founded
1987
Head office location
Toronto, Canada
Number of employees
501 - 1000
Website
http://www.prophix.com

Do You Manage Peer Insights at Prophix?

Access Vendor Portal to update and manage your profile.

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Top Prophix One Alternatives

Logo of BlackLine
1. BlackLine
4.5
(574 Ratings)
Logo of OneStream Platform
2. OneStream Platform
4.7
(540 Ratings)
Logo of Oracle Fusion Cloud Enterprise Performance Management (EPM)
3. Oracle Fusion Cloud Enterprise Performance Management (EPM)
4.8
(243 Ratings)
View All Alternatives

Peer Discussions

Prophix One Reviews and Ratings

4.4

(87 Ratings)

Rating Distribution

5 Star
57%
4 Star
40%
3 Star
2%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • IT Security & Risk Management Associate
    50M-1B USD
    Construction
    Review Source

    Critical consolidation features available, but manual work remains for less mainstream ERP software integration.

    4.0
    Jun 17, 2026
    We use Sigma Conso as our main financial consolidation software. We are a company that has many subsidiaries so this is a crucial tool for our to consolidate all our financial data. Our management really emphasizes the importance of the financial reporting feature so another core part.
  • IT Security & Risk Management Associate
    50M-1B USD
    Construction
    Review Source

    Critical consolidation features available, but manual work remains for less mainstream ERP software integration.

    4.0
    Jun 17, 2026
    We use Sigma Conso as our main financial consolidation software. We are a company that has many subsidiaries so this is a crucial tool for our to consolidate all our financial data. Our management really emphasizes the importance of the financial reporting feature so another core part.
  • Read All 88 Reviews

    Get unlimited access to verified peer reviews and insights

    Read unlimited Gartner-vetted product reviews
    View and share valuable product insights
    Download full product profiles
    Review products you use today

Recommended Gartner Insights

  • Critical Capabilities for Financial Close and Consolidation Solutions
  • Magic Quadrant for Financial Close and Consolidation Solutions
Powered by Google TranslateThis service may contain translations provided by Google. Google disclaims all warranties related to the translations, express or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose and noninfringement. Gartner's use of this provider is for operational purposes and does not constitute an endorsement of its products or services.

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

This site is protected by hCaptcha and its Privacy Policy and Terms of Use apply.


Software reviews and ratings for EMMS, BI, CRM, MDM, analytics, security and other platforms - Peer Insights by Gartner
Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQsPrivacyTerms of Use

©2026 Gartner, Inc. and/or its affiliates.

All rights reserved.

User Sentiment About Prophix One
Reviewer Insights for: Prophix One
Deciding Factors: Prophix One Vs. Market Average
Performance of Prophix One Across Market Features

Prophix One Likes & Dislikes

Like

The main things we use here that we absolutely need are: Consolidation adjustments Intercompany matching ( very important) Movements in balance ( flow tracking) Data bundles via excel ( we are an old fashioned company)

Like

The main things we use here that we absolutely need are: Consolidation adjustments Intercompany matching ( very important) Movements in balance ( flow tracking) Data bundles via excel ( we are an old fashioned company)

Like

The main things we use here that we absolutely need are: Consolidation adjustments Intercompany matching ( very important) Movements in balance ( flow tracking) Data bundles via excel ( we are an old fashioned company)

Dislike

Lost of control as consolidator should also assigned with rights by admin

Dislike

Lost of control as consolidator should also assigned with rights by admin

Dislike

Lost of control as consolidator should also assigned with rights by admin