Prophix Software Inc. releases additional functionality with Prophix 10 R2
November 1, 2011New functionality will fundamentally change the CPM market space
Prophix Software Inc. today announced the launch of its latest software release, Prophix 10 R2. The cornerstone of this release, Detailed Planning Manager (DPM), now offers businesses state-of-the-art features and capabilities in a single unified solution. The new features and capabilities will dramatically enhance any organization’s planning capabilities and offer a forward-looking view into any business based on sound financial projections.
Initially developed to support the needs of Prophix’s existing customers, the development of DPM has grown beyond addressing personnel planning requirements to empower not only finance operations but information workers across an entire organization. Prophix 10 R2 builds upon the capabilities of Prophix’s previous releases and helps end users handle such varied planning requirements as personnel planning, capital expenditures, or any planning based on detailed information that is available in a company’s transaction systems. Its flexibility and scalability ensures that it deploys quickly, without coding and easily within almost any IT infrastructure.
“Our goal was to provide a comprehensive planning solution to the market that was both powerful, yet simplistic.” said Paul Barber, CEO, Prophix Software. “Our focus has always been to bring the greatest business benefits to an organization with an easy-to-use interface that users have no trouble adapting to.”
Prophix 10 automates processes that are typically done manually via spreadsheet tools. Along with Detailed Planning, Prophix 10 R2 includes an additional 25 enhancements that will enhance the user experience even further.
“Our enhancements to reporting, ad hoc analysis, and financial consolidations further strengthen the superior user experience that has enabled so many of our customers to be highly productive.” explains Barber.
By adding DPM functionality to an already robust product, Prophix has now facilitated a revolution within organizations as they shift from a reactive approach to planning to a proactive corporate culture that measures, analyzes and validates plans against outcomes.
About Prophix Software Inc.
Prophix Software is a leading developer of solutions designed to automate financial processes, including planning, reporting, analysis, and performance management. Thousands of finance leaders around the world use Prophix to empower their organizations and gain insight into business performance. Prophix delivers superior value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class. For more information, visit trustprophix.wpengine.com.
