PROPHIX Launches Superior Performance Management Solution with PROPHIX for SQL Server v4.1

PROPHIX is pleased to release PROPHIX for SQL Server v4.1, the latest and greatest version of their industry-leading corporate performance management (CPM) software solution.

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Toronto, ON (PRWEB) July 30, 2008

PROPHIX Software, a leading provider of financial business intelligence solutions, today proudly unveils the latest version of their esteemed Corporate Performance Management solution, PROPHIX for SQL Server v4.1. PROPHIX for SQL Server v4.1 is their most powerful performance management solution to date with the addition of significant functionality to improve analysis, workflow processes and security.

The most impressive enhancements found in PROPHIX for SQL Server v 4.1 are Advanced Data Visualization (ADV), Offline Data Entry and an Audit Log that aids with Sarbanes-Oxley Act compliance. Fully integrated with PROPHIX, ADV is a web-based Business Intelligence tool that gives a graphical overview of an organization's performance and its underlying data. ADV efficiently displays various KPIs and allows end users to analyze the details from many different perspectives using drillable, interactive dashboards.

The new Offline Data Entry allows users to enter data without logging into PROPHIX. Users located in remote locations can now be part of the budgeting and planning processes without Internet connectivity or access to PROPHIX. Using the Offline Data Entry process in the Business Process Manager, Excel workbooks are automatically created and distributed to users based on PROPHIX templates.

The enhanced PROPHIX Auditing functionality tracks events within the model enabling users to see when and which account has been added to the structure or who logged into the model at a specified time. These records are invaluable, especially to those companies required to comply with Sarbanes Oxley. In addition to event tracking, PROPHIX also logs the changes in Workflow projects, including modifying or adding Workflow tasks.

"A major milestone has been reached in 2008 with the release of PROPHIX for SQL Server, Version 4.1," says Geoffrey Ng, Vice President of Product Planning for PROPHIX Software. "Not only have we added Advanced Data Visualization, Offline Data Entry and new auditing capabilities, but we've added new alerts to the Workflow Manager and improved the Document Explorer. Features once only found in high-end applications such as Hyperion can now be implemented by all organizations at a fraction of the total cost. Version 4.1 is, without a doubt, the optimal performance management software solution that empowers organizations with budgeting, planning, forecasting, reporting, consolidations, and personnel planning capabilities."

PROPHIX for SQL Server, specifically designed for medium to large organizations and powered by Microsoft SQL Server, complements PROPHIX Software's suite of financial performance management solutions, including PROPHIX Enterprise for small to medium-sized organizations and PROPHIX Express for smaller organizations. Further information on PROPHIX for SQL Server can be found at http://www.prophix.com/solutions/products/prophix_sql/.

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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