Stored procedures are supported in MySQL 5.0. A stored procedure is a set of SQL statements that can be stored in the server. Once this has been done, clients don't need to keep reissuing the individual statements but can refer to the stored procedure instead.
cPanel shared hosting accounts must use remote MySQL management tools, such as MySQL Workbench to use stored procedures.
An example of an allowed stored procedure:
Be sure that your stored procedures are labeled as DETERMINISTIC