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.
2011 Impact Award Winner - Independent Software Vendor Partner of the Year
The Independent Software Vendor Partner of the Year Award honours an ISV partner that has demonstrated leadership excellence in developing and delivering Microsoft platform-based line of business applications to mutual customers over the past year. The award acknowledges the ISV that has demonstrated excellence in driving Microsoft-based solutions that solve new or existing business issues.
- 2011 Microsoft Impact Awards Winner, Microsoft Partner Network
Prophix has appeared on the Gartner Magic Quadrant for CPM from 2010 to 2012.
According to a recent Gartner publication*, "CPM Suites User Survey 2011: Customers Rate Their Corporate Performance Management Vendors", customer responses rated Prophix #1 in Business Benefits, #1 in Overall Satisfaction, and #1 in Overall Satisfaction Versus Business Benefits.
Prophix earned a position on Branham's list of 250 companies, "The Who's Who in Canadian ICT" for 2012, rising 27 spots from the previous year, and 59 spots from two years prior.
"Prophix performance management solutions are targeted at companies seeking functionally rich performance management applications regardless of their size, type or industry. The multi-user, integrated suite of applications includes budgeting, forecasting, financial consolidation, reporting, scorecards/dashboards, and personnel planning.
Prophix recently expanded their solution portfolio with the introduction of Prophix Financial Controller; a financial consolidation application that leverages the single database capabilities of the Prophix solution to provide automated currency conversions using centrally managed exchange rates, an integrated journal entry system for adjustments at any level, and allocation and inter-company elimination features supported by detailed audit records and role-based user and data security.
The SQL Server edition leverages Microsoft's SQL Server and Analysis Services technical platform. The Prophix performance management solutions include prebuilt data integration tools to support integration of data from common general ledger systems and support drill through to transactional detail using SQL queries to either a Prophix staging database, a data warehouse, or directly to source data systems. Prophix can be implemented in weeks, driving a rapid return on investment and lower total cost of ownership."
- John Colbert, Vice President, Research and Analysis, BPM Partners in Beyond the Hype 2010
"From a functionality perspective, Prophix shows strength in their integrated financial statement generation, workforce planning capabilities, and interfaces with over 100 accounting systems (Oracle, SAP, Sage, Infor/SSA, etc.)."
- Annual Performance Management Pulse Survey and Report, BPM Partners
2009 Impact Award Finalist
"The seventh annual IMPACT Awards recognize excellence within the Microsoft technology partner community in Canada as well as the innovative solutions and value they deliver to customers. The IMPACT Awards also acknowledge technology partners for their achievements beyond revenue, growth and innovation, including awards for customer service, marketing and contribution to their communities."
- 2009 Impact Awards Finalists, Microsoft Partner Network
"The Deloitte Canadian Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment. We applaud the success of Prophix Software, and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."
- Garry Foster, National Directory, Technology, Media & Telecommunications, Deloitte
"Multiple stakeholders are involved in running RTI and are directly affected by business outcomes. A sustainable business is one that is run and managed by the employees. Prophix has given RTI the capacity to engage all necessary individuals in running the company. The solution allows and facilitates a user-friendly rollout of all corporate information, be it a new or enhanced report, a corporate scorecard or dashboard and/or the current budget or reforecast. Prophix has helped sustain our business in a financial sense, and it has allowed RTI to run the business in a much more collaborative manner, permitting the necessary stakeholders to be engaged in the key business processes."
*Gartner, Inc., CPM Suites User Survey 2011: Customers Rate Their Corporate Performance Management Vendors, Neil Chandler, August 9, 2011. Rating is average of respondents' business benefits aggregate score by vendor. Chart represents customer perception, not Gartner's opinion, and may feature vendors that in Gartner's opinion do not deliver the benefits described (N=213).