Prophix Software is recognized as an April 2019 Gartner Peer Insights Customers’ Choice for Cloud Financial Planning Analysis Solutions

Prophix Software, a leading provider of FP&A solutions, is excited to share that they were named an April 2019 Gartner Peer Insights Customers’ Choice for Cloud Financial Planning Analysis Solutions.

Gartner defines Cloud Financial Planning Analysis as: Financial planning and analysis (FP&A) solutions support the office of finance’s budgeting, planning and forecasting efforts. Many also supplement the office’s budgeting and planning process support with modeling, collaboration analytics and performance-reporting capabilities, to increase its ability to manage performance by linking corporate strategy and execution. The FP&A market is accelerating its shift from mature on-premises offerings to cloud solutions. New solutions built or significantly rearchitected as cloud services are typically easier to use and maintain than the previous generation of on-premises offerings. The vast majority of new FP&A sales are cloud-based. On-premises options still exist, but all vendors have greatly de-emphasized them or eliminated them entirely from their sales process. All the vendors in this market sell and support cloud-based FP&A solutions.

“Delivering a superior customer experience is at the core of who we are at Prophix,” said Alok Ajmera, President & COO, Prophix Software, “We believe this distinction from Gartner Peer Insights reflects our commitment to creating future ready solutions that allow finance professionals to reframe challenges into opportunities.”

About Peer Insights

Peer Insights is an online platform of ratings and reviews of IT software and services that are written and read by IT professionals and technology decision-makers. The goal is to help IT leaders make more insightful purchase decisions and help technology providers improve their products by receiving objective, unbiased feedback from their customers. Gartner Peer Insights includes more than 215,000 verified reviews in more than 340 markets. For more information, please visit www.gartner.com/reviews/home.