Prophix Software Reports Exceptional Second Quarter Results as Customer Cloud Adoption Continues to Surge
Summary
One of the biggest takeaways from the pandemic, with millions of employees working remotely, was the advantage that a virtual, cloud environment provides finance teams, in particular, to support scenario planning and re-forecasting. “Our customers see tremendous business opportunities in the months ahead as the world emerges from the pandemic and need advanced cloud-based FP&A solutions to empower them to make more strategic decisions. During the second quarter, Prophix also received exceptional marks in the annual Dresner Advisory Services’ Wisdom of Crowds® Enterprise Planning Market (EPM) Study. For the seventh consecutive year, Prophix was named an Overall Leader in both Customer Experience and Vendor Credibility and was also recognized by Dresner as “Best In Class” across a wide range of EPM measures. With Prophix, finance leaders improve profitability and minimize risk by automating budgeting, forecasting, and reporting and puts the focus back on what matters most – uncovering business opportunities.