What is Prophix?

Prophix is a corporate performance management software designed to transform your business through advanced budgeting, forecasting, planning, and reporting capabilities. It provides valuable insights and streamlines financial processes, helping organizations make data-driven decisions and improve overall efficiency.

How much does Prophix software cost?

Based on Vendr’s internal transaction data for Prophix, the minimum price is $50,000, and the maximum price is around $500,000. The average cost for Prophix software is approximately $205,000 annually.

Prophix Product Descriptions

Prophix

Transform your business with Prophix corporate performance management software for budgeting, forecasting, planning, and reporting. View our demo today.

Vendr community insights for Prophix

Here are some recent insights from our community regarding Prophix:

"Coming out of our multi-year deal, we were hit with a large % increase due to price changes over the years. Standing firm on budget restraints, service issues and by committing to another 3 year deal - we were able to see an additional 12% discount off our pricing, along with reducing out YoY % to 5%."

How can I get a percentage off list price for Prophix?

Vendr customers typically achieve lower prices than those listed on Prophix's official website. We currently do not have average savings data for Prophix. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price.

How does Vendr help me get the lowest price on Prophix?

Vendr uses insights from more than 5 completed deals and 4 unique purchasers to help users get the lowest price on Prophix software. Here’s how we do it:

• Economies of Scale: By bundling purchases, we secure volume-based pricing.
• Expected Growth: We leverage your company's growth projections to negotiate better terms.
• Multi-Year Commitments: Longer commitments often lead to better pricing.
• Quick Sales Process Signatures: Speeding up the sales process can result in favorable terms.
• End-of-Quarter Signatures: Timing purchases at the end of a supplier’s quarter can yield significant savings.
• Case Study References: Offering to be a case study can sometimes lead to additional savings.

Vendr can assist you in achieving similar savings. Create a free Vendr account to get started.

What's the best way for me to get the lowest price for Prophix on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to put enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how it helps:

• Pricing Benchmarks: Compare prices to ensure you’re getting a competitive rate.
• Community Insights: Access valuable feedback and experiences from other users.
• Stack Savings Review: Optimize your software stack to eliminate redundancies and save costs.
• Contract Analysis: Get expert reviews of your contracts to identify potential savings.
• SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Prophix through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This results in:

• Faster Access to Software: Get up and running quickly without the usual delays.
• Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
• Accelerated Time-to-Value: Start seeing the benefits of your software investment sooner.
• Adherence to Company Policy: Ensure all purchases comply with internal policies, maximizing software ROI and maintaining strong relationships with finance and procurement teams.
• Budget Ownership: Maintain control over your budget with transparent pricing.