Prophix Cloud is our Corporate Performance Management (CPM) software distributed using a software-as-a-service model (SaaS). It allows you to access our software using the internet eliminating the need to install on individual client machines locally or application servers to maintain on-premise. Instead, the application is consumed using a feature-rich web browser that securely accesses Prophix Cloud application services. The SaaS model offers a strong value proposition to you by eliminating significant overhead costs and offering high levels of flexibility and scalability, while still delivering enterprise class functionality and security.