
Prophix One
7.0#17 in financial planning & analysis softwareWebAPI
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| Fact | Prophix One | Workday Adaptive Planning |
|---|---|---|
| Budgeting | Yes | Yes |
| Financial consolidation | Yes | Yes |
| Forecasting | Yes | Yes |
| Founded | 1987 | 2005 |
| Free plan | No | No |
| Headquarters | Toronto, Ontario, Canada | Pleasanton, California, United States |
| Intended users | Prophix describes the platform as designed for finance teams, including organizations handling multi-entity planning and consolidation. | Workday describes the product as empowering decision-makers across the enterprise and says organizations of all sizes can use it. |
| Purpose | Prophix One is a financial performance platform for planning, close, consolidation, and reporting on a shared data foundation. | Workday Adaptive Planning supports companywide financial planning, forecasting, budgeting, and analytics. |
| Scenario modeling | Yes | Yes |
| Security | Prophix lists SOC 2 Type II, ISAE 3402 Type 2, ISO 27001, ISO 27017, ISO 27018, and HITRUST attestations. | Workday lists single sign-on as an included capability and provides an unlimited audit trail. |
| Support | Prophix provides a Help Center, Community, Academy, and Cloud System Status links for customers. | The pricing page includes 24/7 support, training resources, and Workday Community. |
| Variance analysis | Yes | Yes |
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.
It suits organizations seeking companywide planning and modeling across finance and operations, with tools for decision-makers and collaboration. Teams that rely on Salesforce data imports should check the listed import restrictions.