Toronto, ON (Vocus) December 14, 2009
PROPHIX Software today announced it has been included in the annual BPM Partners U.S. Business Performance Management (BPM) Vendor Landscape. BPM Partners, the leading independent authority on business performance management solutions, provides the BPM Vendor Landscape to help potential customers organize their BPM solution selection process, focusing on those vendors most likely to meet their needs.
BPM Partners tracks more than 100 software vendors who address one or more aspects of business performance management or business intelligence. Vendors are placed on the matrix according to the completeness of their current offering and their relative momentum in the market. The majority of industry vendors are not included in the BPM Vendor Landscape. Only those vendors actively competing for and successfully delivering BPM solutions in the U.S. marketing are included.
"We consider inclusion in the BPM Vendor Landscape by BPM Partners a confirmation of our market success and strong momentum," said Bally Boodram, VP of Marketing for PROPHIX Software. "With our placement and our high functionality that's modestly priced, we feel confident that the BPM Vendor Landscape accurately reflects our leadership status in the marketplace."
"Although the BPM Vendor Landscape can't replace a comprehensive due diligence process for requirements definition and vendor selection, the information contained within can leapfrog an organization several steps ahead in their investigation of a performance management solution," explained Craig Schiff, CEO, BPM Partners. "The BPM vendor landscape continues to evolve."
The BPM Vendor Landscape contains information from the annual BPM Pulse survey which addresses the specifics of how each organization crafts its requirements, researches potential solutions, identifies priority functionality and makes its final vendor selection. Participants receive a copy of the survey results and can arrange for a benchmark review of their results against their peers. The 2010 survey was recently opened. BPM project champions, executive sponsors and team members can go to http://www.bpmpartners.com/BPMSurveyCentral.shtml to participate in this year's study and reserve their copy of the results.
About BPM Partners
BPM Partners is the leading independent authority on business performance management (BPM) solutions. The company helps companies address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish. BPM Partners has specialized packages that lead clients through project justification, requirements definition, vendor selection and deployment of departmental or enterprise-wide BPM or business intelligence (BI) systems. For further details, go to http://www.bpmpartners.com.
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 further details, go to http://www.prophix.com.
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