BPM Partners Names PROPHIX Software 'Midmarket Vendor of the Year'

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BPM Partners, the leading independent authority on business performance management (BPM) solutions, has named PROPHIX Software the business performance management Mid-market Vendor of the Year for 2008. 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, received this accolade during a vendor-independent Webcast entitled "Beyond the Hype 2008 -- An Unbiased Look at BPM Vendors and Trends". "Beyond the Hype 2008" is a key industry event for buyers of performance management and business intelligence solutions that took place on January 15, 2008.

BPM Partners, the leading independent authority on business performance management (BPM) solutions, has named PROPHIX Software the business performance management Mid-market Vendor of the Year for 2008. 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, received this accolade during a vendor-independent Webcast entitled "Beyond the Hype 2008 -- An Unbiased Look at BPM Vendors and Trends". "Beyond the Hype 2008" is a key industry event for buyers of performance management and business intelligence solutions that took place on January 15, 2008.

"Beyond the Hype 2008" reviewed the leading BPM vendors on their progress, positioning, vision and changes over the past year. With an expert panel including Jack Sweeney, Editor in Chief at Business Finance and Craig Schiff, CEO and Founder of BPM Partners, this webcast included an end-user ranking of the importance and value of new features that vendors are developing as well as an unbiased overview of BPM 2.0 technologies and applications.

"PROPHIX offers performance management solutions that are targeted primarily at small to midsize companies and divisions of larger corporations seeking functionally rich budgeting, forecasting, financial consolidation, reporting, and dashboard applications", said Craig Schiff. "PROPHIX has recently enhanced their headcount and labor planning and variance alerting capabilities. In addition, they now offer three versions of their solution with an Express edition for smaller user groups, an Enterprise edition for larger user communities, and their new SQL Server edition for larger applications."

An archived copy of the "Beyond the Hype 2008 -- An Unbiased Look at BPM Vendors and Trends" webcast can be viewed in its entirety at http://www.bpmpartners.com/events_webinars.shtml#BTH2008.

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 http://www.prophix.com.

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