Prophix Opens Seventh Office – Expanded Operations

June 4, 2015

Leader in CPM Software Opens First American Office

Prophix Software today announced it has expanded its operations by opening a new office in Portland, Oregon.

Corporate Performance Management (CPM) solutions are part of a rapidly growing market worth in excess of $14 Billion worldwide. Success in this market requires companies to strike a balance between strategic focus and the ability to change in anticipation of fast-moving market conditions.

Prophix’s COO, Alok Ajmera comments on Prophix’s growth strategy: “Prophix has been successful because our office expansion is done very deliberately. Rather than setting up satellite offices with one or two people like others in our industry, we choose regions where we can sustain a strong presence. Then, we move quickly, build the right infrastructure, and commit to the local communities.”

Since its inception over 25 years ago, Prophix Software has achieved consistent growth by establishing international offices (including two in South America, three in Europe, and two in North America) honing a channel management strategy, and enhancing a product which has been praised by customers and industry analysts.

Scott Jacobs, Sales Director, who serves as the new office’s General Manager, adds, “Our growth strategy is built on helping the world’s most ambitious mid-market companies grow rapidly. Having our boots-on-the-ground in Portland means that we will be readily available to our growing list of customers located in the Western United States.”

“Prophix is a recognized leader in transforming mid-market companies, into more profitable, more efficient, more future-ready organizations”, says Paul Barber, CEO of Prophix. “That is due in large part because we are truly committed to our customers, partners, and employees. Growing our operations to include an Oregon office is another example of that commitment.”

 

About Prophix Software Inc.
Prophix Software automates financial processes such as budgeting, planning, consolidation, and reporting — improving a company’s profitability and minimizing its risks. Thousands of forward-looking organizations in more than 90 countries use software from Prophix to gain increased visibility and insight into their business performance. For more information, visit www.prophix.com.

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