Prophix is a multi-user package of performance management, used to create and manage business models. Prophix uses Microsoft SQL Server and Microsoft Analysis Services databases. The latter are able to create multi-dimensional and scalable databases.
Among the strengths of Prophix, its ability to analyze data from several perspectives easily. Thus, it is able to explore a large amount of data in order to identify the most relevant information.
A wide variety of analyses is possible tailored to the needs of the users according to the scenarios.
It allows a real decision support tool.
Prophix covers a list of managerial and financial applications which mainly concern:
- Budgeting and planning
- Advanced planning
- Sales performance management
- Consolidations and assignments
- Analysis and views