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Prophix One

prophix.com

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Spec score 8.2 #11 of 91 in Financial Planning & Analysis Software

What it is

Prophix One is a cloud-based financial performance platform for finance teams, covering planning, budgeting, forecasting, reporting, close, consolidation, and workforce planning. Its planning tools support driver-based budgets, rolling forecasts, and scenario modeling across multiple entities. Consolidation includes intercompany eliminations, multi-currency translation, and minority interest calculations. Account Reconciliation offers role-based approvals, status visibility, audit trails, and automated matching that surfaces exceptions. Lease Accounting supports ASC 842 and IFRS 16. The platform connects to more than 300 ERP, HRIS, and CRM systems, including NetSuite, SAP, Sage, Microsoft Dynamics, Oracle, Workday, Salesforce, and HubSpot; connection methods include APIs, FTP/SFTP, ODBC, JSON, SOAP, and flat file imports. Embedded agents can update budgets from plain-language instructions and create tables, charts, and variance commentary from questions. Prophix says customer data is not used to train third-party AI models. The platform is hosted on AWS, and pricing is on request. Prophix was founded in 1987 and is headquartered in Toronto.

Spec sheet

Purpose
Prophix One is a financial performance platform for planning, close, consolidation, and reporting on a shared data foundation.Read 4 Oct 2026 · prophix.com
Product
Prophix One is a unified financial performance platform for planning, budgeting, forecasting, reporting, and consolidation.Read 5 Oct 2026 · prophix.com
Intended users
Prophix describes the platform as designed for finance teams, including organizations handling multi-entity planning and consolidation.Read 5 Oct 2026 · prophix.com
Free plan
NoRead 22 Sep 2026 · prophix.com
Integrations
Prophix says it connects to 300+ ERPs, HRISs, and CRMs, and lists NetSuite, SAP, Sage, Microsoft Dynamics, Oracle, Workday, Salesforce, and HubSpot as examples.Read 5 Oct 2026 · prophix.com
Security
Prophix lists SOC 2 Type II, ISAE 3402 Type 2, ISO 27001, ISO 27017, ISO 27018, and HITRUST attestations.Read 5 Oct 2026 · prophix.com
Support
Prophix provides a Help Center, Community, Academy, and Cloud System Status links for customers.Read 5 Oct 2026 · prophix.com
Headquarters
Toronto, Ontario, CanadaRead 28 Sep 2026 · prophix.com
Founded
1987Read 28 Sep 2026 · prophix.com
AI
Prophix describes embedded AI agents for finance workflows, accessible in Microsoft Teams, with actions traceable and outputs auditable.Read 5 Oct 2026 · prophix.com
AI agents
Prophix One’s Budgeting Agent helps users update budget items in plain language, and its Reporting Agent produces tables, charts, and variance commentary from questions.Read 4 Oct 2026 · prophix.com
AI data use
Prophix states that it does not use customer data to train third-party AI models.Read 4 Oct 2026 · prophix.com
Budgeting
YesRead 22 Sep 2026 · prophix.com
Close
Account Reconciliation supports role-based approvals, real-time status visibility, audit trails, and automated matching that surfaces exceptions.Read 5 Oct 2026 · prophix.com
Cloud and encryption
Prophix says the platform is hosted on AWS and uses TLS 1.2 or higher for data in transit and AES 256-bit encryption for data at rest and archived backups.Read 4 Oct 2026 · prophix.com
Cloud hosting
Prophix One is a cloud-based platform hosted on AWS, according to the product overview.Read 5 Oct 2026 · prophix.com
Connected systems
Prophix says Prophix One connects to more than 300 ERPs, HRISs, and CRMs, including NetSuite, SAP, Sage, Microsoft Dynamics, Oracle, Workday, Salesforce, and HubSpot.Read 4 Oct 2026 · prophix.com
Connection methods
Supported integration methods include APIs, FTP/SFTP, ODBC, JSON, SOAP, and flat file imports.Read 5 Oct 2026 · prophix.com
Consolidation
Financial consolidation includes intercompany eliminations, multi-currency translation, and minority interest calculations.Read 5 Oct 2026 · prophix.com
Data protection
Prophix says data in transit uses TLS 1.2 or higher and data at rest and archived backups use AES 256-bit encryption.Read 5 Oct 2026 · prophix.com
Expandable capabilities
The platform can be expanded with close, consolidation, planning, cash management, and lease accounting capabilities.Read 4 Oct 2026 · prophix.com
Financial consolidation
YesRead 22 Sep 2026 · prophix.com
Forecasting
YesRead 22 Sep 2026 · prophix.com
Implementation
Prophix says implementation timelines vary by complexity and some organizations can get up and running in as little as eight weeks.Read 5 Oct 2026 · prophix.com
Lease accounting
Lease Accounting supports ASC 842 and IFRS 16, including lease schedules, amortization calculations, and disclosures.Read 5 Oct 2026 · prophix.com
Planning
Its FP&A tools support driver-based budgets, rolling forecasts, and scenario modeling across multiple entities.Read 5 Oct 2026 · prophix.com
Pricing
The opened Prophix pricing page provides guidance about evaluating financial performance management software but does not state a Prophix One price.Read 4 Oct 2026 · prophix.com
Scenario modeling
YesRead 22 Sep 2026 · prophix.com
Security certifications
Prophix lists SOC 2 Type II, ISAE 3402 Type 2, ISO 27001, ISO 27017, ISO 27018, and HITRUST attestations.Read 4 Oct 2026 · prophix.com
Support and training
Prophix Academy offers self-directed online training, live sessions, knowledge assessments, and courses for administrators, end users, and technical users.Read 4 Oct 2026 · prophix.com
Variance analysis
YesRead 22 Sep 2026 · prophix.com
Workforce planning
YesRead 22 Sep 2026 · prophix.com

Plans and prices

Prophix One Priced on request Pricing is not listed on the pricing page; contact Prophix for a quote. Read 5 Oct 2026 · prophix.com

Every Prophix One plan and price →

Strong points and limits

Strong points

  • Supports rolling forecasts and scenario modeling
  • Consolidation includes multi-currency translation
  • Connects to more than 300 business systems
  • Lists multiple security certifications and attestations
  • Offers self-directed training and live sessions

Limits

  • No free plan is listed
  • Pricing is available on request
  • Implementation timelines vary by complexity

Who it suits

Prophix One is aimed at finance teams and finance leaders managing planning, close, consolidation, and reporting. It may suit organizations that need multi-entity planning and connections to ERP, HRIS, or CRM systems.

Verdict

Prophix One covers finance planning and close processes, with optional capabilities for cash management and lease accounting. Its broad integration options and finance agents are paired with quote-based pricing and implementation timelines that vary by complexity.

Where Specifiction places it

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