Prophix and Taxvibes announce strategic partnership to transform tax and finance integration. May 27, 2026, 03:00 ET TORONTO, May 27, 2026 /PRNewswire/ - Prophix, a global leader in financial performance management, today announced a strategic partnership with Taxvibes, a specialized direct tax technology consultancy. The partnership allows organisations to leverage the capabilities of the Prophix One platform to manage tax processes, from Tax Provisioning and Pillar Two reporting to Country-by-Country Reporting (CbCR). For finance and tax teams, the handoff between financial consolidation and tax reporting has historically been a friction point: manual exports, inconsistent data, and duplicated effort. This partnership eliminates that gap. Building on Prophix's consolidated financial data as a trusted foundation, Taxvibes delivers tax calculation and reporting modules tailored to each organisation's structure, regulatory exposure, and reporting standards for a 70 percent time savings in the tax close cycle; from two weeks to three days. "Our partnership with Taxvibes allows us to deliver a truly end-to-end solution for finance teams," said Oliver Deistler, Director of Alliances at Prophix. "For our customers, this means one connected workflow, with no duplicate entries and no data leaving the system to be reconciled elsewhere." Together, Prophix and Taxvibes will provide finance and tax departments the tax support they need, including: * Tax provisioning: Automated provisioning solutions supporting IFRS, US GAAP, and Local GAAP, reducing manual effort and accelerating close cycles. * Pillar Two (Global Minimum Tax): Customised OECD Pillar Two calculation and reporting, from jurisdictional Safe Harbours through to the GloBE Information Return. * Country-by-Country Reporting: Full lifecycle CbCR automation covering both OECD and EU Public CbCR requirements, with embedded controls for consistency across jurisdictions. * Transfer Pricing and Anti-Tax Avoidance Directive: Purpose-built modules for additional compliance requirements, designed around each organisation's specific needs. "We are excited to kick off this partnership to help tax and finance departments fully leverage Prophix's powerful financial consolidation solutions, increase accuracy throughout the organisation, and accelerate tax reporting," said Dennis van Krimpen, Senior Partner and Tax Reporting Specialist at Taxvibes. About Taxvibes Taxvibes is a solution-independent consultancy specialising in direct tax technology and transformation. Taxvibes supports multinational organisations in automating direct tax processes through consultancy, tool selection, and implementation across Tax Provisioning, Pillar Two, CbCR, and related compliance areas. About Prophix Prophix(R) is a global leader in financial performance management, empowering finance teams to lead with clarity, capacity, and confidence. From planning and budgeting to forecasting, reporting, reconciliation, and consolidation, Prophix brings it all together in one intelligent platform. Prophix One(TM), the flagship Autonomous Finance Platform, combines AI, automation, and intuitive technology to simplify complex work and elevate finance to a more strategic role. By automating routine tasks, delivering predictive insights, and enabling real-time collaboration, Prophix empowers finance teams to focus on driving business growth. Media Contact: Sangeeta Bajaj, Vice President, Corporate Marketing, [email protected]

Prophix, a financial performance management platform, has launched its second wave of AI agents on the Prophix One platform, designed to automate operational finance tasks. The release comes as 87% of CFOs view AI as essential to finance operations, according to Deloitte. The Spring 2026 release includes three key features: Prophix Copilot for Microsoft Teams, which delivers financial intelligence within Teams; Architect Agent, which transforms customer data into validated models in hours rather than weeks; and Consolidation Agent, which enables natural-language querying of audit trail data. The platform serves over 3,000 customers across 100 countries. Prophix Copilot and Architect Agent are currently available, whilst Consolidation Agent will launch in Spring 2026. The company has raised $295 million to date.

Prophix's 2025 innovations and growth set the stage for finance's future. December 23, 2025 * blog * 2025 year in review: A transformative year for finance innovation. It's no exaggeration to say that 2025 was a year defined by uncertainty. Trade volatility, shifting tariffs, foreign exchange swings, and other macroeconomic forces created pressure across industries - and finance teams felt it most. But through it all, one thing stayed constant at Prophix: its commitment to helping finance leaders amplify their impact with expanded capacity, instant clarity, and the confidence to lead decisively. At the same time, 2025 was a year of extraordinary transformation for Prophix Software, Inc.. Its AI initiatives accelerated, and autonomous finance gained momentum. Finance teams are reshaping how they plan, report, and make decisions daily. And Prophix Software, Inc. evolved right alongside them with innovation, global growth, a renewed focus on community impact, and a refreshed brand that reflects where Prophix Software, Inc. is heading next. Let's roll back the tape and look at everything Prophix Software, Inc. accomplished this year, and what's on the horizon for 2026. Prophix's major product launches in 2025. A new benchmark for financial planning with Prophix One FP&A Plus. Prophix Software, Inc. kicked off the year with the launch of Prophix One FP&A Plus, opening doors to expanded planning possibilities. FP&A Plus gives finance teams the scale, precision, and agility needed to meet rising complexity head on, without slowing down collaboration or decision-making. Finance got smarter with Prophix One Intelligence. At Prophix Live! in Arizona, Prophix Software, Inc. introduced Prophix One Intelligence, the AI engine that powers its platform. Unlike bolt-on AI, Prophix One Intelligence is fully embedded. It enhances every workflow, insight, and automation with finance-ready intelligence, so teams can move from manual effort to strategic execution. And this was just the beginning of its AI momentum. Accelerating financial close with Prophix One Account Reconciliation. One customer captured it perfectly: "Account Reconciliation has transformed how our finance team works. Everything is centralized, saving our team up to 25% of their time on reconciliations." In 2025, Account Reconciliation gained three major innovations: * AI-powered transaction matching * Built-in multi-currency conversion and dual currency reporting * Automated reconciliation schedules Finance teams now close faster with accuracy they can trust - and AI that makes it easier. Prophix One Agents: the first step in autonomous finance. Its most transformative launch of the year arrived in September: Prophix One Agents. Since launch, the Budgeting Agent and Reporting Agent have reshaped daily finance work by executing tasks, delivering decision-ready outputs, and keeping teams fully in control with transparent, auditable results. By taking the first step into autonomous finance, its customers have gained: * Clarity: Full transparency into every number, in real time * Capacity: Less time on tasks, and more time on strategic work * Confidence: Every output is trusted so you can act on it instantly Other notable innovations included Cash Management on Prophix One and full availability on AWS Marketplace - giving customers more choice in how they deploy modern FPM solutions. Industry recognition of ongoing innovation. This year's recognition wasn't about trophies - it was about momentum. Analysts, partners, and customers alike signaled that finance is changing quickly, and innovation is becoming the new expectation. * G2 Best Software Awards: Top Product + Enterprise Badges (Meets Requirements & Highest User Adoption) * BARC 2025 Survey: #1 for small and midsize deployments with 100% user satisfaction * BPM Partners Vendor Landscape Matrix: Premier Leader in Performance Management * Dresner Advisory Services Wisdom of the Crowds Study: Overall Leader in Customer Experience and Vendor Credibility * TrustRadius Tech Cares Award and TrustRadius Top Rated in Finance and Accounting Solutions * Deltek Marketplace Partner of the Year Behind every badge is a customer story. Over 3,000 organizations across North America, Europe, LATAM, and Australia continue to shape what Prophix builds - and where Prophix Software, Inc. go next. Prophix expanded its global footprint with four acquisitions. Its mission, to help finance leaders drive progress, requires both innovation and global reach. This year, Prophix Software, Inc. welcomed four companies into the Prophix family, each bringing unique expertise that strengthens the Prophix One platform: * Forest Grove: Experts in automation, data visualization, and business intelligence * AllStrategy: A financial management leader in Brazil with deep regional trust and proven technology * Addedo North America: Experts in financial consolidation and reporting * Cradle Accounting: Leaders in global lease accounting standards and audit-ready accuracy These teams expand its capabilities, its perspective, and its ability to serve finance leaders worldwide. And 2026 will unlock even more value from these partnerships. People and purpose remain a cornerstone of Prophix's culture. Innovation thrives when people do. That's why Corporate Social Responsibility and DEI continue to be foundational to who Prophix Software, Inc. is and how Prophix Software, Inc. work. * Prophix Software, Inc. donated $12K through local partnerships and employee matching, supporting the Center for Victims of Torture, Riverwood Conservancy, Liberty for Youth, Rainbow Railroad, Leukemia and Lymphoma Society, and Second Harvest. * Prophix Software, Inc. continued its ongoing partnership with Kiva, supporting 5,760 global entrepreneurs through micro-lending. By year-end, Prophix will have contributed $107K+ in loans. * Through its quarterly Purpose Project, Prophix Software, Inc. committed $50K each to employee-nominated charities. In 2025, that included the Lion's Foundation of Canada Dog Guides and Wellspring Alberta - both organizations that create meaningful impact in their communities. New leadership at the helm. 2025 also welcomed new leaders who are shaping the next era of Prophix. This year, Prophix Software, Inc. welcomed: * Vidhya Srinivasan, Chief Marketing Officer * Derek Bluestone, Chief Platform Officer * Nick Slater, Chief Revenue Officer And longtime Phixer Geoff Ng stepped into a new chapter as Chief AI & Trust Officer. As Prophix Software, Inc. move into 2026, their vision and experience will help guide the organization through its next stage of growth and innovation. 2025 was monumental. 2026 is just beginning. Prophix Software, Inc. is heading into 2026 with clear conviction about where finance is going and how Prophix Software, Inc. is helping shape the future. You told Prophix Software, Inc. what you need next and Prophix Software, Inc. listened. 2026 isn't about Prophix Software, Inc., it's about you - its customers. * More capacity: Your team can plan for the future, act strategically, and make an impact. * Better clarity: Know exactly what's going on, at all times, with data you can trust. * Greater confidence: Navigate any challenge with autonomous agents at your side. Whatever the future holds, don't just face it. Own it. And in 2026, Prophix Software, Inc. has got your back.