Prophix versus Planful: a side-by-side comparison

Prophix

Data integration with your accounting, ERP, CRM, HRIS to automate data collection into a unified solution. Additionally, Prophix can import Excel and CSV files from your local system, and SQL sources. Our API lets you connect with almost any business system.

Planful

Bring data in from finance and accounting systems, ERP, CRM, IT, HRIS and ATS systems using pre-built connectors, APIs, or local systems.

Prophix

Data collection is pulled in from your systems and automatically refreshes in Prophix on a scheduled basis or when triggered manually.

Planful

Data is pulled in from your source systems and is refreshed on a cadence set by you for each type of data and the source.

Prophix

Workflow automation and Task Assistant automate your repetitive tasks to eliminate manual input and increase your efficiency.

Planful

Automate report distribution to remove risks with labor-intensive and error-prone reporting and aggregation.

Prophix

Data security and regulatory compliance are top priorities. We have obtained SOC 2, HITRUST and TRUSTe Enterprise Certification, along with several other industry recognized compliance certifications. More information on the certifications we've obtained can be found here.

You can also assign security controls by user, role, or group. Security is defined down to the member-level of detail within each dimension of every model.

Role based security is designed to automatically suppress pages and rows of data in a report based on preset user permissions.

Planful

Complies with SOC 2, TRUSTe, and Privacy Shield, but lacks a HITRUST certification.

Customers can also assign security controls by user, role, group, or dimension for each model.

Prophix

Prophix has structured business intelligence (BI) in a single interface and fully unified solution so you can build dashboards and reports to see the story behind your numbers—all within our platform.

From your dashboard, you can view linked reports, perform ad-hoc analysis, or drill into underlying transactions for data analysis in one place.

Planful

Drill-through, pivot, and ad-hoc capabilities allow for collaboration and ability to investigate data variances.

Prophix

Within a single interface, you can view your dashboard, summary report, launch ad-hoc analysis, or drill into the details of your data.

Self-serve ad-hoc analysis allows all users to create reports at any time using the same clean data. Data in your reports and dashboards automatically refreshes on a scheduled basis or when triggered manually, so you can trust that you're making decisions on accurate, up to date data.

Customize your dashboard based with different chart types or drill up or drill down for a detailed look. Visualize the metrics that matter to you and your business, so you have the insights you need at your fingertips.

Planful

Build dashboards and reports and perform ad-hoc analysis through Planful’s partnership with Workiva to create reports and regulatory disclosures.

Prophix

Robust cloud-based consolidation application with pre-defined parameter sets like local GAAP, IFRS, and report templates.

The consolidation application scales with you based on size and scope, so you can ensure your consolidations are done with accuracy to meet your business requirements.

Planful

In partnership with Trintech, Planful offers an integrated solution for FP&A and financial consolidation. Due to the integrated solutions, you can’t purchase financial consolidations as a standalone application.