Technology

Technology Overview

All PROPHIX solutions are based on a unified, scalable, and extensible technology platform which is powered by the world’s leading analysis engine.  The solutions have a common set of features including role-based security, workflow, process automation, scheduling, document distribution, and other patent pending functionality.

PROPHIX is designed by business and finance professionals and delivers ease of use with minimal reliance on IT resources.  This combination enables PROPHIX solutions to be implemented quickly using common technologies and maximizes adoption with end users.

Business models are created with Microsoft SQL Server and Analysis Services 2008. The benefits of using this underlying technology are many:

• Widely adopted and fully supported
• Easy to maintain as there is no integration required
• Users interact with common Microsoft components in an environment they are used to
• Open technology allowing PROPHIX to integrate with other applications

Many planning and reporting systems in place are not sufficiently scalable, do not offer functionality required for a dynamic organization, and are too demanding on organizational resources. Best-in-class organizations recognize that upgraded technologies enable the company to more effectively manage their business. Implementing best practices fill key planning and financial management information gaps and maximize opportunities to increase productivity. To support such requirements, PROPHIX incorporates the following best-of-breed technology components:

1. Open Connectivity Platform
   Open connectivity platforms, including the database, source, and target systems, such as SharePoint, permits seamless data flow.
2. OLAP Technology
   Built-in OLAP database services empower users to perform in-depth analysis in a GUI and with great speed.
3. Data Mapping and Processing
   Seamless data integration to multiple sources i.e. Excel, text, flat files, ODBC connectivity allows connectivity to all data sources as well as output using many standards.
4. Central Application
   For the maintenance of dimensions, hierarchies, business drivers, business rules, and workflow procedures a central application exists—data refreshes automatically and immediately recalculates to provide a single reporting and planning platform without extraneous integration.
5. Scalability
   Various deployment and data scenarios allow organizations to distribute its logical tiers to several servers and provide instant flexibility for adding new business units and end users and making business model changes without sacrificing performance.
6. Low Maintenance
   Centrally managed end-user profiles and no programming requirements for modeling, querying, etc. is best to minimize IT support development for ongoing application administration.
7. Role-based Security
   User/role-based security to apply multi-level security at the cell and account level allows administrators to control exactly what end users can see or plan.
8. Workflow
   Sophisticated workflow capabilities route budget templates and standardized reports, enable offline data entry and approval processes and provide complete auditing and tracking capabilities.
9. Automation Center
   An inherent process manager center allow end users to set up a defined set of business rules for accomplishing specific business process without any prior computer programming knowledge and run them on a manual or scheduled basis.
10. Spreadsheet interface
    The spreadsheet is still the most widely adopted and understood user interface; planning and reporting solutions must include a user interface comfortable to users.

An all-in-one performance management solution that encompasses full integration, scalability, limited maintenance and reliable security best supports the needs of the business user and increases adoption rates, PROPHIX satisfies the business needs of the day-to-day finance end-users while minimizing the ongoing maintenance and support requirements from the IT department.