Prophit
Curated by SignalAI-powered platform optimizing sales tax compliance for U.S. corporations.
Overview
Prophit is a RegTech company that focuses on Accounting and Tax Risk & Compliance Management. It offers a platform that utilizes artificial intelligence and machine learning to assist U.S. corporations with sales and use tax compliance. The platform automates processes related to tax filing, financial reporting, and adherence to global accounting standards, which may help in minimizing errors and instances of non-compliance. By analyzing Accounts Payable data, Prophit aims to identify discrepancies in tax payments, such as overpaid or underpaid taxes, which may enable companies to recover eligible refunds. The company operates on a subscription-based model, which is designed to allow refunds obtained to offset costs over time, potentially providing a solution for managing tax liabilities and compliance.
Key facts
- Founded
- 2018
- Headquarters
- Cleveland, United States
- Stage
- Sign up to view
- Industry
- Financial Technology
Business model
- GTM channel
- Sign up to view
Contact
- Primary office
- Sign up to view
- Sign up to view
