Founded in Canada in 1987, Prophix began as a software distributor implementing financial applications. In the year 2000, the organization released its own performance management software also called Prophix, recognizing the market’s need for innovative planning and reporting systems.
Today, Prophix has approximately 200 employees worldwide and 3,000 customers in more than 100 countries, covering all company sizes and industries. Prophix customers mainly come from North America, while 300‑350 are located in Europe.
Its product is a flexible, integrated performance management product for planning, reporting, OLAP analysis and dashboarding based on Microsoft technologies. In addition, a framework for financial consolidation is also available. Data and metadata in Prophix is stored in Microsoft SQL Server as well as the database’s multidimensional component Analysis Services. The vendor has a strong focus on business departments in mid-size companies with typically 50-100 users per implementation. However, there are much larger implementations as well.
Prophix does not focus on any particular planning topics (financials, sales, HR etc.). The product can be used to create individual planning applications with capabilities for top-down and bottom-up planning including workflow functions to control planning processes. It contains little predefined business content (e.g. for financial planning). However, partners do offer predefined business content with Prophix for specific topics or industries. Planning forms, like reports, are created in an Excel-like environment in Prophix. An installed Windows client, an HTML5 Web client and an Excel add-in are available as front ends to enter plan data or to work with reports, analyses and dashboards.
User & Use Cases
Besides planning, Prophix customers mainly use the product for standard/enterprise reporting, ad hoc query and basic data analysis. Many customers plan to use Prophix for dashboards/scorecards in the future.
Prophix targets companies across all industries. Two-thirds of our sample of Prophix customers come from mid-sized companies (100-2,500 employees) with a median of 20 users (with 20 of them using planning functionality), but the mean of 54 users (30 for planning) indicates there are also some larger implementations.
78 percent of Prophix users are planning users – compared to the survey average of 60 percent – reflecting the fact that Prophix is more a corporate performance management product than a BI product.
Current vs. planned use (besides planning)
Percentage of employees using Prophix
Planning users (as a percentage of all users)
Total number of users per company
Planning users per company
Company size (number of employees)