McGladrey and PROPHIX Software Deliver Corporate Performance Management to Mid-Market

McGladrey to market and sell PROPHIX's Corporate Performance Management

Bloomington, MN (June 7, 2011) – PROPHIX Software, a leading provider of Corporate Performance Management (CPM) solutions, recently announced a partnership with McGladrey. The partnership enables McGladrey to market and sell PROPHIX's award-winning Microsoft based solution to their clients in the mid-market.

RSM McGladrey, Inc. and McGladrey & Pullen, LLP, operate together under the McGladrey brand and, combined, rank as the fifth largest U.S. provider of assurance, tax and consulting services with 7,000 professionals and associates in nearly 90 offices. RSM McGladrey provides clients with a comprehensive offering of CPM services, leveraging PROPHIX as a solution to deliver these capabilities. The combination of the McGladrey financial and technology expertise with PROPHIX's leading CPM technology platform will allow McGladrey clients to optimize the measurement and management of their business.

"We are excited to announce our formal partnership with PROPHIX,” said Dan Wheadon, director of RSM McGladrey’s Boston management consulting practice. “This underscores our firm’s commitment to expanding our corporate performance management services to meet the business needs of our clients. We look forward to providing our clients with a leading solution to facilitate effective performance management programs."

Customers use PROPHIX to align strategic objectives with tactical plans, and for daily monitoring, as well as financial, and variance reporting. This unified PROPHIX solution fully integrates budgeting, reporting, planning, scenario management, dashboards, and in-depth analysis capabilities, providing a forward looking view of company performance to stakeholders across the organization in a single extensible platform.

"Together, PROPHIX and McGladrey are now bringing world-class financial automation functionality to customers and prospects alike throughout North America," said Cheryl Power, director of channel partners at PROPHIX. "PROPHIX is extremely pleased to be working with McGladrey, and this partnership is a testament to the completeness of the PROPHIX solution."

About PROPHIX Software
PROPHIX Software is a leading developer of solutions designed to automate financial processes including planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use PROPHIX to empower their organizations and gain greater insight into business performance. PROPHIX and its partners deliver the best value by combining high-end functionality, low total cost of ownership, and the fastest implementations in their class.

About McGladrey
McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients’ business needs. Together, they rank as the fifth largest U.S. provider of assurance, tax and consulting services, with 7,000 professionals and associates in nearly ninety offices. The two firms operate as separate legal entities in an alternative practice structure. McGladrey & Pullen is a licensed CPA firm that provides assurance services. RSM McGladrey is a leading professional services firm providing tax and consulting services. Both firms are members of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. For more information, visit the McGladrey website at www.mcgladrey.com, join our Facebook fan page at McGladrey News and/or follow us on Twitter @McGladrey.