About Us

About Us

PROPHIX Software is a privately held company based in Mississauga, Ontario, Canada, and has been delivering budgeting, forecasting, reporting, consolidation, personnel planning and other financial functions in a single solution since 1987.

Our Mission

The mission of PROPHIX Software is to be a customer focused organization providing high value and innovative financial performance management software and services to our customers.

Industry Reviews

Gartner
"Prophix focuses its rapid deployment solutions on midsize companies, and on divisions of larger corporations. Its original offering, Enterprise, was focused on small and midsize companies, but Prophix for SQL Server is targeted at larger midsize companies, supporting hundreds of users. Prophix has a good breadth of CPM functionality, covering budgeting, forecasting, consolidation, financial analysis and reporting and scorecarding. It doesn't have specific profitability-modeling capabilities, but it includes sophisticated allocation capabilities that can support an activity-based management approach. The solution also extends beyond CPM into personnel planning and sales planning and forecasting. Prophix for SQL Server is based on Microsoft technologies and leverages Microsoft Analysis Services, Reporting Services, Office and SharePoint Services. This technology stack is attractive to midmarket companies."

  • Gartner Magic Quadrant for Corporate Performance Management Suites

BPM Partners
"PROPHIX offers performance management solutions that are targeted primarily at midsize companies and divisions of larger corporations seeking functionally rich budgeting, forecasting, financial consolidation, reporting, and dashboard applications. PROPHIX has recently enhanced their headcount and labor planning and variance alerting capabilities."

  • Craig Schiff, CEO of BPM Partners

BPM Partners
"From a functionality perspective, PROPHIX shows strength in their integrated financial statement generation, workforce planning capabilities, and interfaces with over 100 accounting systems (Oracle, SAP, Sage, Infor/SSA, etc.)."

Deloitte
"The Deloitte Canadian Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment. We applaud the success of PROPHIX Software, and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."

  • Garry Foster, National Directory, Technology, Media & Telecommunications, Deloitte

DMReview
"Multiple stakeholders are involved in running RTI and are directly affected by business outcomes. A sustainable business is one that is run and managed by the employees. PROPHIX has given RTI the capacity to engage all necessary individuals in running the company. The solution allows and facilitates a user-friendly rollout of all corporate information, be it a new or enhanced report, a corporate scorecard or dashboard and/or the current budget or reforecast. PROPHIX has helped sustain our business in a financial sense, and it has allowed RTI to run the business in a much more collaborative manner, permitting the necessary stakeholders to be engaged in the key business processes."

Branham
"I would like to congratulate you for being recognized as one of Canada's top technology companies, according to the Branham 300 List. I know that being ranked in this highly competitive list is quite an achievement as it highlights the most exceptional and innovative technology companies in Canada."

  • Hazel McCallion, Mayor, City of Mississauga
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PROPHIX Solutions Overview
At a glance view of the award-winning PROPHIX Solutions
Case Studies
Read how other companies are successfully using PROPHIX to enhance their business and improve efficiency
The CFO's Checklist
Tips for evaluating a BPM Solution