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Prophix Named a Top Construction Technology Firm by Construction Executive Magazine for Second Consecutive Year

Prophix CPM Software recognized in publication’s annual list of leading technology providers

Prophix Software, a global leader in Corporate Performance Management (CPM) software, announced it was named as one of Construction Executive Magazine’s 2022 Top Construction Technology Firms for its contributions to innovating the construction industry through advanced technology.

“As the construction industry rebounds from the stop-and-start nature of projects driven by COVID-19, the ability to budget and forecast accurately and efficiently remains paramount for construction leaders,” said Alok Ajmera, president and CEO of Prophix. “Prophix’s cloud-based CPM software gives construction leaders the flexibility and autonomy to make on-the-fly adjustments as changes happen in real time – offering an important tool to make data-backed decisions that help ensure project success. We are proud CE has recognized Prophix’s leadership in providing much-needed financial technology for the construction industry. ”

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The construction industry continues to be a key market for Prophix as more construction companies migrate their financial planning to the cloud. Organizations including Lee Company, Hatzel & Buehler, Jon M. Hall, Sellen Construction, Encore Electric and CRH Canada all utilize Prophix to manage vital finance operations and improve competitive advantage.

In its September/October 2022 issue, CE published a comprehensive list of The Top Construction Technology Firms. CE asked hundreds of firms that provide technology and software solutions for the construction industry to complete a nomination form. After carefully scrutinizing the data collected, CE developed its 2022 Top Construction Technology Firms list.

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