Affordable Performance Management Available to the Masses

It takes many forms and is usually preceded by words such as corporate, financial or operational. It’s not a new concept – all companies do it, but every company measures performance in different ways. There are industry standards and best practices, but each organization tweaks their performance management metrics to suit their own needs. Excel has become the most popular and flexible tool available today to provide reports, measurements, and supporting visuals, but many companies need more than Excel to close the loop on planning, scenario management, forecasting, ongoing tracking and reporting processes.

Serving more than 1000 mid-market companies worldwide, PROPHIX recently released PROPHIX for SQL Server – its Microsoft Analysis Services based budgeting, planning, forecasting, consolidation and reporting solution in one complete package. With the release of PROPHIX for SQL Server version 2.0, PROPHIX has developed a performance management solution for the third time – closing the gap on the currently available PROPHIX Enterprise product. With each version, the company introduces innovative tools to assist finance and other executives with managing their business at a fraction of the cost of high-end and costly solutions such as Cognos or the recently acquired Hyperion product. As usual, the enterprise has designed its software for non-IT users, and can be maintained by finance professionals. The easy-to-use interface provides an Excel-like look and feel, and includes built in security, control, workflow and process management tools providing performance management essentials to the masses.

For more information on PROPHIX for SQL Server or PROPHIX Enterprise, visit www.prophix.com/bm