Prophix Software Strengths, Domain Expertise, and Key Differentiators
Prophix delivers a comprehensive suite of Financial Performance Management (FPM) solutions designed to scale with your organization. From planning, budgeting, and forecasting to reporting, reconciliation, and consolidation, Prophix unifies these capabilities within a single, intelligent platform. Combining cutting-edge technology with a partnership-first approach, Prophix helps finance teams meet today’s demands while preparing for tomorrow’s opportunities, making work smarter, faster, and more dependable.
The company's core product is Prophix One, a modern Financial Performance Platform that integrates AI, automation, and user-friendly technology to streamline complex financial processes and elevate the strategic role of finance. The platform empowers faster, data-driven decision-making and delivers measurable business value.
Prophix Software Recent Developments
In April 2025, Prophix launched Marketplace Explorer, a dynamic resource designed to empower finance leaders to operate more strategically, efficiently, and effectively. Marketplace Explorer serves as a centralized destination for finance professionals to explore the full potential of Prophix’s financial performance platform. It offers access to best-in-class templates, models, processes, and industry-specific solutions, enabling users to discover, learn, and implement innovative practices that drive value and performance within their organizations.
In January 2025, Prophix announced the launch of Prophix One™ FP&A Plus, the latest addition to its Financial Performance Platform. Designed for the Office of the CFO, FP&A Plus leverages advanced cloud and database technologies to deliver unmatched speed, scalability, and precision—empowering finance teams to plan smarter, work faster, and navigate complexity with ease.
In April 2024, Prophix unveiled Prophix One, a next-generation Financial Performance Platform designed to address the complex and rapidly evolving needs of today’s finance leaders. Built to support the entire Office of the CFO—from accounting to finance—Prophix One delivers advanced capabilities that streamline processes, enhance decision-making, and accelerate business growth, all through a single, secure access point. With its highly adaptable and collaborative toolset, Prophix One empowers organizations to navigate financial complexity and drive outcomes with greater accuracy and control.
Prophix Software Mergers and acquisitions (M&A) Activities
In April 2025, Prophix launched Marketplace Explorer, a dynamic resource designed to empower finance leaders to operate more strategically, efficiently, and effectively. Marketplace Explorer serves as a centralized destination for finance professionals to explore the full potential of Prophix’s financial performance platform. It offers access to best-in-class templates, models, processes, and industry-specific solutions, enabling users to discover, learn, and implement innovative practices that drive value and performance within their organizations.
In January 2025, Prophix announced the launch of Prophix One™ FP&A Plus, the latest addition to its Financial Performance Platform. Designed for the Office of the CFO, FP&A Plus leverages advanced cloud and database technologies to deliver unmatched speed, scalability, and precision—empowering finance teams to plan smarter, work faster, and navigate complexity with ease.
In April 2024, Prophix unveiled Prophix One, a next-generation Financial Performance Platform designed to address the complex and rapidly evolving needs of today’s finance leaders. Built to support the entire Office of the CFO—from accounting to finance—Prophix One delivers advanced capabilities that streamline processes, enhance decision-making, and accelerate business growth, all through a single, secure access point. With its highly adaptable and collaborative toolset, Prophix One empowers organizations to navigate financial complexity and drive outcomes with greater accuracy and control.
Prophix Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Prophix Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Prophix Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Prophix One customers.
Prophix Software Overview
Ownership: - x
Number of Employees: 600
Functional Market: Workforce Analytics,
Key Verticals: Construction and Real Estate, Education, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Non Profit, Professional Services, Retail, Utility,
Prophix Software Key Cloud and HCM Applications
Prophix One
Prophix Software HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Prophix Software Revenue Breakdown by Type:
Prophix Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
Prophix Software HCM Applications Revenues By Verticals, $M:
Prophix Software Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Prophix Software Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Prophix Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Prophix Software Customers
No. of Prophix Software Customers: 3000
No. of Prophix Software HCM Applications Customers: x
No. of Prophix Software Cloud HCM Customers: x
No. of Prophix Software Cloud HCM Subscribers: 90000
With nearly 40 years of financial and industry expertise, Prophix is a trusted partner to over 3,000 global customers across a wide range of industries. Its diverse clientele includes prominent organizations such as UPMC Health Plan, Swan Mill Paper Company, Aluminium Industries, Abena, Kajima Building & Design Group, Allstar, Silafrica, Ameriqual Group, Beeline Group, Breast Cancer Care, Port of Tacoma, Rain for Rent, Senior Living Group, Dime Community Bank, and Jamul Casino, among many others.
Prophix Software Market Opportunities, M&A and Geo Expansions
The "Fulfilled by Acumatica" designation highlights Prophix’s seamless integration with the latest version of Acumatica’s ERP, enhancing customer confidence in their data and financial systems. This recognition represents the highest level of partnership with Acumatica, reaffirming its commitment to Prophix as the preferred strategic CPM solution for its customer base. Looking ahead, Prophix and Acumatica have outlined plans to expand into the Construction vertical, leveraging Prophix's comprehensive Construction Essentials solution. This collaboration will empower Acumatica customers to effectively monitor and respond to daily changes through a fully automated, web-based platform provided by Prophix.
Prophix Software Risks and Challenges
In February 2024, the company implemented key leadership changes, appointing Aaron Levine as Chief Financial Officer (CFO) and transitioning longtime CFO Ryan Van Hatten to Chief Operating Officer (COO). This kind of leadership transition inherently carries risks such as the loss of institutional knowledge, shifts in strategic direction, and potential impacts on employee morale and stakeholder confidence. Effective mitigation requires robust succession planning, clear communication, and strong onboarding support for new leaders.
Prophix Software Ecosystem, Partners, Resellers and SI
Prophix relocated its global headquarters to a new office in Toronto, designed to support collaboration among employees, partners, and stakeholders. The company maintains a broad network of strategic partnerships with organizations including Acumatica, BDO, CMiC, Sage, SYSPRO, Ellucian, and others. These alliances help Prophix extend its market presence and deliver customized solutions aligned with the evolving needs of its global customer base.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
