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Why FP&A leaders choose Centage over Prophix

Here’s a detailed breakdown of the Centage vs Prophix matchup:
Enterprise-grade functionality
Cost-effective
Formula-free = Error-free
Drag & drop FP&A
Ongoing expert support

Centage

Prophix

Speeds up budgeting process
Budgeting, forecasting, and variance reporting
Import data from Excel
Create customized reports shareable via Excel
Reduces manual errors from Excel sheets
Can be used without spreadsheets
Automates financial logic without formulas
Drag & drop adjustments on the fly
Integrate with any combination of GL/ERP
User-based permissions & security
No need for dedicated IT resources for maintenance
Customized reporting dashboards
Trusted FP&A solution for >20 years

What real users are saying

Read what finance leaders think of Centage
"We use Centage to prepare annual budgets but also for monthly reporting package. We have a complex business with multiple locations and departments across the locations. We budget at a very granular level. We use a lot of dirvers and calculations when preparing budgets. Centage tool offers a lot of flexbiliby to set up the budgets to match the business specific needs."
We use Centage's Planning Maestro for Annual Budgeting and Reforecasting purposes. It's really good as all the inputs entered by all the budget holders get consolidated in our income statement in real time. We can manage access to specific accounts, cost centers and project codes to each budget holder, which makes the process more efficient and minimizes errors. We also use they allocations methods, which are very useful in our case. There is also the possibility of managing different versions of Budgets and reforecasts.
Profix

Prophix = Enterprise scale at enterprise cost

Prophix is well suited for large-scale, project-based companies, like big utility and construction firms. It’s an enterprise-level solution with the price tag to match: you’re looking at $30-50k for implementation, and double or triple the base price for true cloud functionality.

From a useability perspective, big templates with complex calculations can be slow in Prophix. It lacks advanced visualizations for management reporting, and building hierarchies in reporting can be very confusing. User feedback indicates that changing reports is a slow process.

Centage logo

Centage = Enterprise-level functionality at a cost-effective price point

Centage delivers powerful budgeting, forecasting, and data analysis typically only enjoyed by large enterprises, at a price point that makes it accessible for growth-stage businesses.

It’s the only formula-free FP&A software.

The FP&A solution that best fits your needs

We know there are a lot of FP&A software solutions out there — you’re here looking for the one that best fits your needs.

On one side, some of our competitors offer a less robust feature set (basically an Excel add-on) and a quick “set it and forget it” implementation with little to no follow-up support. If you’re a small business with no plans for major growth, these may work better for you.

On the other side, there are high-cost, high-maintenance enterprise software solutions — this will be a better fit if you’re a major company with a huge workforce.

Centage delivers powerful budgeting, forecasting, and data analysis typically only enjoyed by large enterprises, at a price point that makes it accessible for growth-stage businesses. It’s the only formula-free FP&A software.

A comparison graph showing how Centage sits nicely between the less feature-rich, low cost solutions, and the more robust, expensive solutions.

We’ve helped hundreds of global companies

Read what our customers are saying:

We used Centage to do some worst-case scenario planning, such as losing 50% of our revenue and planned hours. It was a huge benefit to forecast the impact on our revenue.

Because this solution is so easy to use, we have a lot of ownership from the directors. They can easily go in and review and really own their own budget numbers.

It’s made the process much easier when we go to build the budget year-over-year – it’s been a huge help.

I look at the numbers and quickly have so much more confidence in them… It’s really just a push of the button now.

More of my time is spent focusing on analyzing the data rather than spending time entering the data.

I can change forecasts and get new information faster and without extra headaches... Centage lets us be smart about what we will do in the future.

We are able to spend less time talking about the numbers in the budget and spend more time on how we’re going to get there.