21 best Prophix software competitors and alternatives [2025]

Key takeaways

• Prophix is an analytics and planning platform for strategic finance teams.
• While Prophix offers solid financial management capabilities, its implementation can be complex and time-consuming.
• Users might need a Prophix alternative if they are looking for better workflows, easier integrations, and faster processing speeds.

Prophix review

Prophix is a financial planning and analysis software designed to help organizations streamline their budgeting, forecasting, and reporting processes. This helps provide real-time visibility into the financial performance of the organization. 

It can manage financial data, create and analyze financial models, and generate reports and dashboards that help organizations with informed decision-making. 

Prophix features

• Financial modeling: Prophix includes tools for building and analyzing financial models to forecast future financial performance and make investment decisions.
• Scenario planning: The software includes tools for creating and analyzing multiple scenarios, which can help organizations understand how changes in revenue or expenses might impact financial performance.
• Data visualization: Prophix provides visualization software that allows users to create charts, graphs, and other visual representations of financial data.
• Integration with other systems: The software is designed to integrate with other business systems, such as enterprise resource planning (ERP) and customer relationship management (CRM) systems.
• Reporting and dashboards: Prophix offers tools for creating reports and dashboards that allow users to view and analyze financial data in real time. 

Prophix pros

Some Prophix benefits include: 

• Comprehensive features: Prophix offers a wide range of features that could make it versatile

"The amount of features are the biggest pros to this software." - verified user

• Responsive customer support: Users consistently praise the professionalism, patience, and kindness of the Prophix team.

"No matter who I’ve interacted with, whether from sales, onboarding, support, or programming, ALL of them have been patient, kind, and professional." - verified user

• User-friendly interface: The platform provides an intuitive interface that simplifies common tasks.

”Prophix is user-friendly and intuitive enough for the non-tech savvy end user” - verified user

Prophix cons

While Prophix has several helpful features, it does have some limitations. 

• Slow implementation: Users report Implementation can be slow and inefficient, especially for businesses looking to have the whole team trained within a specific timeline.

“Implementation was a long process and I don't believe it was handled correctly with my team, as most team members were not involved in the implementation.” - verified user

• Reports: User reviews show it can be difficult to quickly build or change reports.

“Some steps can take a long time for the report to load. Some reports may be very difficult to build.” - verified user

• Dashboards: Users have reported that the dashboard and graphing capabilities are average and that the product does not have advanced visualizations for management reporting.

“When it comes to building dashboards, there are some issues with graphics and filtering options.” - verified user

• Processing speed: Prophix can significantly slow when handling extensive data sets.

“Users are required to find creative ways to reduce the processing time, which can lead to increased manual work required.” - verified user

• Integration limitations: It’s best for those not using many other tools since customers note that integrations can be complicated. 

“Sometimes we have issues with integration that halt our reporting.” - verified user

Prophix pricing

Prophix software keeps their pricing information private, but sources say the platform is relatively high. 

Top Prophix alternatives and competitors 

If you’re a current Prophix user looking for an alternative—or are just conducting thorough FP&A software research—here are some of the best platform options to consider. 

1. Cube: Financial planning and analysis solution for spreadsheet lovers

Cube is a first-of-its-kind FP&A software platform that allows you to automate, actualize, and control data with the click of a button. Integrated spreadsheets currently in your business model can be transformed into usable data allowing financial teams to avoid busy work and focus on analysis and growth.

Cube empowers FP&A and accounting teams to streamline audit processes and acquire meaningful data insights through robust real-time reporting alongside seamless integrations with other HR, CRM, and ERP tools. 

In addition to its powerful data visualization and analysis capabilities, Cube makes it easy to collaborate and share reports and numbers. Imagine a world where budget owners have real-time vendor-level details at their fingertips in the Google Sheets they already use to budget: that's only scratching the surface of what Cube can do.

Features

• Scenario analysis: Offers “what-if” and multi-scenario analysis capabilities that allow users to adjust their models based on different scenarios, such as increased hiring or productivity lags. 
• Integrations: Integrates with various HR, accounting, sales, and business intelligence software solutions such as Salesforce and ADP. 
• Foreign currency support: Supports multiple currencies for North American companies with international customers or clients. 
• Centralized platform: Centralize calculations into one platform for easy access and knowledge sharing across an organization's teams.
• AI-powered forecasting: Leverage historical data to predict future trends and help finance teams create accurate budgets and forecasts. 
• Real-time collaboration: Work with multiple users on the same financial models and reports simultaneously.

Pricing: 

• Cube Go: $1,500/mo
• Cube Pro: $2,800/mo
• Enterprise: Contact the Cube sales team for custom pricing

Ready to get started? 

2. NetSuite

NetSuite is a set of integrated cloud-based applications for ERP and financials, HR, CRM, inventory and order management, eCommerce, project management, and more. 

While several companies specialize in one aspect of business management software such as CRM or ERP, the platform offers a comprehensive financial management solution with a deep set of tools and features. 

NetSuite is one of Cube’s most popular accounting and finance integrations. Cube connects with NetSuite and then can import, clean, and manage data so you can work with it in Excel or Google Sheets. 

Features and benefits:   

• Allows multiple cloud-based integrations with external systems
• Allows users to handle daily financial transactions, the financial close process, and compliance
• Features built-in dashboards to give key info at a glance
• Generates reports to provide a summary-level overview or an in-depth account of business activity
• Assigns permissions to allow only selected members to view key data

Pricing: Netsuite pricing is not publicly available

3. Sage Intacct

Sage Intacct is a cloud-based ERP software that helps businesses of all sizes manage their day-to-day finance-related activities. It simplifies and facilitates a wide range of bookkeeping, accounting, and financial tasks. Customers have access to interactive reports and dashboards with real-time performance monitoring.

Sage is designed for teams between 10 to 200 in size. It’s also most suitable for distribution, manufacturing, and professional services, but finance teams in most industries can customize the software for their needs.

Features and benefits: 

• Automates daily financial transactions
• Adapts reporting and analytics to meet specific business needs
• Facilitates collaboration across teams with shared data and integrated workflows
• Consolidates financial data across multiple entities
• Ensures advanced security measures and compliance with industry standards

Pricing: Sage Intacct pricing is not publicly available

4. FreshBooks

FreshBooks is a web-based accounting solution that helps users set up automated invoicing, online payment options, and late payment reminders. Freshbooks also monitors team productivity with time tracking and collaborative project tools.

It serves various industries, such as marketing, legal services, business consulting, trades, home services, and information technology, but primarily caters to small businesses. 

Features and benefits: 

• Generates and sends invoices
• Tracks expenses automatically 
• Provides detailed reports to give insights into business performance and financial health
• Manages payments by offering online payment options and automatic payment reminders

Pricing: 

• Lite: $15/month 
• Plus: $30/month
• Premium: $55/month
• Select: Pricing is not publicly available

5. Canopy

Canopy is a cloud-based practice management and tax resolution platform designed for accounting firms, tax attorneys, enrolled agents, and other professionals. Its integrated suite of tools helps streamline operations for users.

Canopy has a mobile app that allows clients to share files securely, complete case task lists, e-sign documents, view invoices, and make payments directly from the application. The app is compatible with both iOS and Android devices.

Features and benefits: 

• Captures documents for digital storage and access
• Provides clients with a secure portal to access documents
• Manages client information and interactions
• Schedules tasks and sets reminders 
• Stores documents securely in the cloud

Pricing: 

• Client management: Free
• Time and billing: $24/mo per user 
• Workflow: $30/mo per user
• Document management: $40/mo per user
• Transcripts and notices: $50/mo per user

6. Jirav

Jirav is a business planning and analytics platform. It provides users with a suite of tools to help automate their financial planning and forecasting processes. The platform helps users create detailed cash flow models and comprehensive forecasts for up to five years in the future. Jirav users can also generate reports, track business performance, and identify areas for performance improvement. 

Features and benefits: 

• Generates financial forecasts
• Analyzes variances between actuals and forecasts
• Provides pre-built report templates
• Prepares and presents financial statements
• Customizes KPIs to track and measure business performance against strategic goals

Pricing: 

• Starter: $500/mo
• Pro: $1,000/mo
• Enterprise: Pricing is not publicly available 

7. Jedox

Jedox is an integrated planning solution designed to help companies to build models of their operations and monitor performance in real-time using predictive analytics and artificial intelligence (AI).

Jedox integrates data from multiple sources, executes scenario modeling, and centralizes cross-organizational plans across business systems. 

Features and benefits: 

• Creates budgets and forecasts
• Generates financial reports
• Manages accounting records through an integrated general ledger system
• Oversees tax-related processes to ensure compliance with local regulations 
• Conducts "What If" scenario analysis to explore the potential impact of various financial decisions

Pricing: Pricing is not publicly available 

8. Vena Solutions

Vena Solutions automates tasks and centralizes employees, departments, and processes into a single system. Vena helps teams maintain data integrity and security to protect organizations and users on finance and operations teams. 

Features and benefits: 

• Prepares and analyzes profit/loss statements
• Conducts "What If" scenario analyses
• Manages and controls organizational spending
• Consolidates and rolls up financial data from various departments

Pricing: Pricing is not publicly available 

9. Anaplan

Anaplan is a cloud-based business-planning tool for sales, finance, and operations. Its hyperblock technology allows a single modeling environment to handle large models.

Anaplan's platform creates a collaboration hub for cross-functional planning and allows for real-time modeling and calculation, as well as central data storage and application cataloging. 

Features and benefits: 

• Controls access and permissions to ensure that only authorized users can view or modify specific data
• Provides an activity dashboard that offers insights into key metrics
• Generates ad hoc reports on demand
• Maintains an audit trail that records all changes and actions within the system
• Supports comprehensive budgeting and forecasting processes

Pricing: Pricing is not publicly available 

10. Planful

Planful is a private company backed by Vector Capital. The cloud-based platform offers a comprehensive solution to streamline business planning, budgeting, consolidations, reporting, and visual analytics across departments.

Planful enables businesses to improve cycle times, productivity, and accuracy across the FP&A process. 

Features and benefits: 

• Facilitates data import and export to and from various sources
• Provides pre-built templates for income statements, balance sheets, and profit/loss statements
• Supports budgeting and forecasting processes
• Manages accounting records through a general ledger system

Pricing: Pricing is not publicly available 

11. Workday Adaptive Planning

Workday Adaptive Planning is a web-based system designed similar to Excel that was built to streamline budgeting, forecasting, and reporting. Workday doesn’t require extra software or hardware purchases since it’s delivered through the cloud. 

The company offers specific solutions to cover financial planning, workforce planning, and sales planning. These financial tools promote collaboration across the enterprise without manual, error-prone spreadsheets or inflexible, clunky legacy systems. Adaptive Planning for finance is an enterprise performance management solution.

Features and benefits: 

• Delivers comprehensive financial reporting, budgeting, and forecasting capabilities
• Manages accounting entries through a general ledger
• Offers customizable dashboards with real-time insights
• Handles real-time financial close and consolidation processes
• Facilitates Headcount planning

Pricing: Pricing is not publicly available 

Read our full review here: Anaplan vs Adaptive vs Planful vs Vena vs Datarails vs Cube

12. Board

Board is an intelligent planning platform offering budgeting, planning, and forecasting. Board provides BI and predictive analytics capabilities that simplify operations execution and results tracking.  The software helps companies manage and control their planning process from goal setting to operational execution in one environment. 

Features and benefits:

• Manages financial records through a general ledger
• Handles forecasting and budgeting processes
• Maintains detailed audit trails
• Extends planning capabilities across sales, finance, and HR

Pricing: Pricing is not publicly available 

13. Solver

Solver is a CPM (corporate performance management) platform based on the Microsoft platform. It caters to businesses of all sizes across various industries and can be deployed either in the cloud or on-premise.

Solver comes with pre-built integrations to several ERPs. It offers both real-time and data warehouse-based reporting, as well as both multi-company and multi-currency reporting.

Features and benefits: 

• Manages reporting and consolidation processes
• Supports comprehensive budgeting, forecasting, and modeling
• Integrates with Microsoft Power BI to enhance data visualization
• Utilizes data warehousing based on Microsoft SQL Azure
• Oversees asset lifecycle management

Pricing: Pricing is not publicly available 

14. Centage Planning Maestro

Centage Planning Maestro is a cloud-based platform that provides detailed financial insights to businesses. It enables businesses to create budgets and track their performance. Users can monitor their company's GAAP compliance by synchronizing the profit and loss statement, balance sheet, and cash flow information, enabling a long-term view of their financial health.

Planning Maestro provides 40 pre-constructed and GAAP/IFRS-compliant reports that can be customized to suit any data reporting style.

Features and benefits: 

• Leverages cloud-native technology 
• Offers pre-built modules for tasks like revenue management and headcount modeling
• Allows users to analyze financial data from various perspectives and dimensions
• Provides integrated reporting for income statements, balance sheets, and cash flow
• Ensures GAAP-compliant calculations

Pricing: Pricing is not publicly available 

15. BlackLine

BlackLine’s automated accounting process provides a cloud-based solution for account reconciliations, transaction matching, and journal entry management. Its advanced features include intercompany processing, approval workflows, open-item tracking for full transparency into the system’s activities, audit trails, and regulatory compliance.

Blackline allows accountants to manage multiple transactions, and track and generate custom reports. The task management feature gives managers complete control over employee access rights, job assignments, and progress tracking.

Features and benefits: 

• Reconciles accounts and bank transactions to ensure accurate financial records
• Manages accounts receivable
• Maintains audit trails
• Provides compliance documentation
• Automates variance analysis to identify discrepancies between actuals and forecasts

Pricing: Pricing is not publicly available 

16. OneStream

OneStream provides a finance platform that reduces the complexity of financial operations. OneStream unifies corporate performance management (CPM) processes such as planning, financial close and consolidation, reporting, and analytics in a single solution. It allows teams to spend less time dealing with data integration and system maintenance.

Features and benefits: 

• Integrates data across multiple systems
• Offers business intelligence (BI) dashboarding to enable users to visualize data
• Provides access to marketplace solutions like Task Scheduler and Security Audit
• Supports comprehensive budgeting, forecasting, and reconciliation processes

Pricing: Pricing is not publicly available 

17. Datarails

Datarails is an FP&A software that automates financial reporting, data consolidation, and planning processes. It is aimed at finance teams that rely on Excel but need more robust reporting capabilities. The platform leverages Excel for real-time data analysis, scenario modeling, and AI-driven insights. 

Features and benefits: 

• Allows users to work within their existing Excel environment
• Enables users to simulate various financial scenarios
• Provides real-time insights into financial data
• Features an AI chatbot that answers finance-related queries
• Offers dashboards that can be tailored to display key metrics and performance indicators
• Automates the generation of financial reports

Pricing: Pricing is not publicly available

18. IBM Planning Analytics

IBM Planning Analytics is an AI-infused FP&A platform that helps organizations streamline and enhance their financial planning, forecasting, and reporting processes. Powered by the TM1 in-memory database, it allows users to analyze large volumes of data in real time and generate insights for business decisions. The platform integrates with existing Excel forms.

Features and benefits: 

• Uses AI to enhance financial forecasting
• Enables users to model and analyze various ‘What if’ scenarios
• Integrates data from multiple sources, including ERP and CRM systems
• Leverages the TM1 engine to process large datasets

Pricing: 

• Essentials: $825/mo
• Standard: $1650/mo
• Premium: Pricing is not publicly available

19. SAP Analytics Cloud 

SAP Analytics Cloud is a cloud-based financial software that combines BI, planning, and predictive analytics into a single platform. It offers capabilities such as real-time data visualization, financial planning, and AI-driven insights. The platform integrates with SAP applications like SAP S/4HANA, allowing users to access, analyze, and act on data across their organization.

Features and benefits:

• Combines BI, financial planning, and predictive analytics in one platform
• Provides real-time insights through interactive dashboards
• Enhances forecasting accuracy and identifies key drivers of business performance using built-in AI and machine learning
• Connects with SAP S/4HANA and other SAP applications
• Enables teams to collaborate on financial and operational plans
• Allows users to access and interact with their data from mobile devices

Pricing: Pricing is not publicly available

20. Oracle Fusion Cloud EPM

Oracle Fusion Cloud EPM is a cloud-based platform that enables organizations to model, plan, and streamline financial operations across finance, HR, supply chain, and sales. It supports long-term financial planning, budgeting, forecasting, and financial consolidation. The platform can also integrate with other Oracle Cloud applications.

Features and benefits: 

• Supports the creation of long-term financial plans
• Allows users to simulate various financial scenarios
• Consolidates financial data from multiple entities
• Manages multiple currencies during financial consolidation
• Provides interactive dashboards that can be tailored to display key financial metrics
• Integrates with other Oracle Cloud applications

Pricing: Pricing is not publicly available

21. Workiva

Workiva is a platform that streamlines financial reporting, ESG, audit, and risk. It’s designed to help organizations connect data, documents, and teams in a unified environment. Workiva is built to be regulation-friendly from the start.

Features and benefits: 

• Enables the creation and management of financial reports
• Integrates data from multiple sources
• Provides tools for managing audits
• Supports environmental, social, and governance (ESG) reporting
• Facilitates collaboration across teams

Pricing: Pricing is not publicly available

Choose the best alternative to Prophix

While Prophix is a robust FP&A platform, some current (and prospective) customers are looking for a solution that’s easier to implement, straightforward to use, with more flexibility. 

Cube offers a powerful and user-friendly platform that seamlessly integrates with your existing tools. 

Learn more about Cube