Prophix and Board compete in the business performance management sector, both offering valuable solutions for financial planning and analysis. Prophix is generally favored due to its pricing and support, while Board's advanced features justify its higher cost for some businesses.
Features: Prophix offers seamless integration with Microsoft Office, providing streamlined budgeting, planning, and forecasting capabilities. It excels in generating reports easily. Board stands out with its predictive analytics and comprehensive data visualization, allowing for detailed scenario planning and real-time data handling.
Room for Improvement: Prophix could enhance its analytical capabilities and expand its visualization features to match Board's depth. Additionally, more advanced predictive analytics would be beneficial. Board might improve its initial setup process to be less time-consuming and offer a more cost-effective pricing model for smaller companies. Improved ease of use without technical knowledge could further broaden its appeal.
Ease of Deployment and Customer Service: Prophix provides a cloud deployment model with a reputation for responsive customer service, making it attractive for businesses seeking fast implementation. Board, while also cloud-based, requires a more substantial initial setup but offers robust configuration options to maximize functional depth.
Pricing and ROI: Prophix tends to have a lower setup cost, with predictable pricing structures appealing to cost-sensitive organizations. In contrast, Board's higher initial investment is balanced by its rich feature set, offering a potential for greater long-term ROI for firms seeking extensive data insights.
It's hard for me to gauge the monetary benefits, but the time saved in budgeting and forecasting processes indicates a definite bonus.
As long as I go through my account manager, I receive very good support.
Board's stability is excellent, with uptime around ninety-nine point nine percent, and I have not experienced any issues.
If the design isn't right, the flexibility of Board can negatively impact performance.
Our budgeting and forecasting processes support around three hundred twenty users who would otherwise rely on Excel, making Board invaluable for saving time.
| Product | Market Share (%) |
|---|---|
| Board | 4.9% |
| Prophix | 2.2% |
| Other | 92.9% |
| Company Size | Count |
|---|---|
| Small Business | 13 |
| Midsize Enterprise | 12 |
| Large Enterprise | 8 |
| Company Size | Count |
|---|---|
| Small Business | 3 |
| Midsize Enterprise | 3 |
| Large Enterprise | 4 |
BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.
BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.
Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.
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