PROPHIX News

PROPHIX Proud Recipient of the 2007 Innovative Solution Award for Corporate Performance Management

Toronto, ON (PRWEB) November 14, 2007 - PROPHIX Software, a leading provider of financial business intelligence and performance management solutions specializing in forecasting, corporate budgeting, strategic planning, consolidation, financial analysis and scorecarding, is the proud recipient of the 2007 Innovative Solution Award for Corporate Performance Management, as announced by SourceMedia and DM Review.

DM Review's Innovative Solution Award was created to recognize solutions that are groundbreaking and provide quantifiable true business value. DM Review recognized PROPHIX Software as an innovative and inventive forward-looking company based on an implementation of PROPHIX Enterprise by Restaurant Technologies Inc. (RTI). PROPHIX Enterprise enabled and facilitated a user-friendly rollout of all corporate information at RTI, be it a new or enhanced report, a corporate scorecard or dashboard and/or the current budget or reforecast. PROPHIX's multi-user financial budgeting, forecasting and reporting system has helped sustain RTI's business in a financial sense, and it has allowed them to run the business in a much more collaborative manner, permitting the necessary stakeholders to be engaged in the key business processes.

"This award was created to highlight elite companies who creatively implement technology solutions and the vendors who facilitate that success. These award winners demonstrated a level of technological sophistication and innovation that moved them to a higher competitive level in advancing their strategic goals," said Jim Ericson, DM Review Editorial Director.

The judges deliberated extensively to choose the solutions they felt best exemplified unique software solutions or a new application of traditional software to achieve great business value from the 89 submissions received in nine categories. The 2007 Innovative Solution Award winners will be featured at a banquet in New York City on November 14, 2007.

About PROPHIX Software
PROPHIX Software is a leader in delivering performance management solutions including budgeting, planning, forecasting, reporting, consolidation, personnel planning and other advanced financial functions. PROPHIX Software maintains an outstanding reputation with its customers by consistently delivering tangible value and exceptional ROI, with a lower total cost of ownership. For more information, visit www.prophix.com.

About DM Review
DM Review empowers both the business and IT audience with the latest strategies for rolling out and optimizing technology investments. Published monthly, DM Review provides product reviews, best practices and cutting-edge commentary from the leading Business Intelligence and Data Management experts. Areas of coverage include: business process management, business performance management; customer relationship management including customer data integration; data integration, database and application management, data warehousing, ETL, EII, and EAI. This information is also available online at www.dmreview.com.

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