Prophix One
Prophix One is a financial performance platform for finance teams and leaders, bringing planning, budgeting, forecasting, reporting, close, and consolidation…
What Prophix One is
Prophix One is a financial performance platform for finance teams and leaders, bringing planning, budgeting, forecasting, reporting, close, and consolidation together on a shared data foundation. Its FP&A tools support driver-based budgets, rolling forecasts, scenario modeling across multiple entities, and forecast-versus-actual analysis. Consolidation includes intercompany eliminations, multi-currency translation, and minority interest calculations. Account Reconciliation adds role-based approvals, audit trails, status visibility, and automated matching that highlights exceptions. The platform connects to more than 300 ERP, HRIS, and CRM systems; connection methods include APIs, FTP/SFTP, ODBC, JSON, SOAP, and flat-file imports. Optional capabilities include cash management and lease accounting, which supports ASC 842 and IFRS 16. Embedded AI agents can update budget items from plain-language instructions and generate tables, charts, and variance commentary from questions. Prophix says customer data is not used to train third-party AI models. Pricing is available on request, and there is no free plan.
Good
- Supports budgeting, forecasting, and scenario modeling.
- Connects to more than 300 business systems.
- Includes reconciliation approvals and audit trails.
- AI agents assist with budgets and reporting.
- Lists multiple security attestations.
Watch out
- No free plan is available.
- Pricing is available on request.
- Platform access is listed for web and API.
Who it suits
Prophix One suits finance teams seeking planning, reporting, close, and consolidation capabilities on a shared data foundation. It may also suit organizations that need multiple integrations or scenario modeling across entities.
Verdict
Prophix One brings a broad set of finance planning and close workflows together, with integration options and embedded AI agents. Teams should request pricing and confirm which expandable capabilities fit their needs.
Plans and prices
From Prophix One's own pricing page, checked 5 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Prophix One | Priced on request | Pricing is not listed on the pricing page; contact Prophix for a quote. |
The facts
Each one read from Prophix One's own pages, with the date it was checked.
What it does
- AI
- Prophix describes embedded AI agents for finance workflows, accessible in Microsoft Teams, with actions traceable and outputs auditable.checked 5 Oct 2026
- 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.checked 4 Oct 2026
- AI data use
- Prophix states that it does not use customer data to train third-party AI models.checked 4 Oct 2026
- Budgeting
- Yeschecked 22 Sep 2026
- Close
- Account Reconciliation supports role-based approvals, real-time status visibility, audit trails, and automated matching that surfaces exceptions.checked 5 Oct 2026
- 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.checked 4 Oct 2026
- Cloud hosting
- Prophix One is a cloud-based platform hosted on AWS, according to the product overview.checked 5 Oct 2026
- 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.checked 4 Oct 2026
- Connection methods
- Supported integration methods include APIs, FTP/SFTP, ODBC, JSON, SOAP, and flat file imports.checked 5 Oct 2026
- Consolidation
- Financial consolidation includes intercompany eliminations, multi-currency translation, and minority interest calculations.checked 5 Oct 2026
- 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.checked 5 Oct 2026
- Expandable capabilities
- The platform can be expanded with close, consolidation, planning, cash management, and lease accounting capabilities.checked 4 Oct 2026
- Financial consolidation
- Yeschecked 22 Sep 2026
- Forecasting
- Yeschecked 22 Sep 2026
- Implementation
- Prophix says implementation timelines vary by complexity and some organizations can get up and running in as little as eight weeks.checked 5 Oct 2026
- 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.checked 5 Oct 2026
- Intended users
- Prophix describes the platform as designed for finance teams, including organizations handling multi-entity planning and consolidation.checked 5 Oct 2026
- Lease accounting
- Lease Accounting supports ASC 842 and IFRS 16, including lease schedules, amortization calculations, and disclosures.checked 5 Oct 2026
- Pricing
- The opened Prophix pricing page provides guidance about evaluating financial performance management software but does not state a Prophix One price.checked 4 Oct 2026
- Product
- Prophix One is a unified financial performance platform for planning, budgeting, forecasting, reporting, and consolidation.checked 5 Oct 2026
The company
- Founded
- 1987checked 28 Sep 2026
- Headquarters
- Toronto, Ontario, Canadachecked 28 Sep 2026
Money
- Free plan
- Nochecked 22 Sep 2026
- Planning
- Its FP&A tools support driver-based budgets, rolling forecasts, and scenario modeling across multiple entities.checked 5 Oct 2026
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