Prophix builds software for corporate finance departments. Founded in Ontario, Canada, in 1987, the company develops an AI-powered Financial Performance Platform, Prophix One, which combines planning, budgeting, forecasting, reporting and financial consolidation in a single product. The platform applies artificial intelligence and machine learning to automate budgeting and forecasting processes and to support reporting and analytics work that finance teams have traditionally handled in spreadsheets.
The company says more than 3,000 finance teams in over 100 countries use the platform, across a range of industries. Prophix has operated for nearly four decades and maintains offices across North America, Europe and Australia. Funding information is not disclosed.
Prophix refers to its employees as Phixers. The company describes its mission as giving finance leaders clarity, capacity and confidence, and says it looks for people who ask good questions, adapt quickly and bring fresh perspectives, hiring for potential as much as for experience.
