Artificial intelligence is reshaping the financial office as Prophix AI agents step in to automate core processes once bogged down by manual effort, turning budgeting, forecasting and reporting into faster, smarter and more reliable workflows.
By removing the repetitive burden of building templates, managing timelines and chasing updates, these agents free finance professionals to spend more time on strategic priorities. The shift represents a broader trend where automation isn’t just about saving hours but about unlocking new opportunities for decision-making, growth and competitive advantage in a data-driven economy, according to Anurag Yagnik (pictured), chief technical officer of Prophix Software Inc.
“Let’s follow Zara, head of product marketing as she receives her email to begin her OPEX budget, “Yagnik said, giving an example. “The agent guides her through her pre-filled template with clear instructions and smart prompts. Sales is targeting 10% growth. Would you like to increase advertising by 10% as well? The agent calculates the amount, offers options for distribution and Zara selects an even spread. These are Prophix AI agents … they are self-directed pieces of software that are designed to achieve specific business goals.”
Yagnik spoke with theCUBE’s Rob Strechay at “The Future of Finance. Revealed.” event, during an exclusive broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed how Prophix AI agents are refining financial processes by automating routine tasks, reducing errors and accelerating decision-making. (* Disclosure below.)
Under the hood of Prophix AI agents
Prophix One Intelligence is the engine behind Prophix AI agents, equipping them with embedded financial logic, business rules and organizational context to transform finance operations. Unlike generic AI, it enables agents to interpret numbers in a meaningful way — identifying variances, budget drivers and scenario impacts — delivering intelligence, context and automation that redefine how finance works, according to Yagnik.
“Our approach to Prophix One Intelligence is let’s build a glass box,” he said. “What that really means is that you have visibility into what is going on. We show you how the model’s thinking, how our agents are thinking, so that you can at any given point, check whether what it’s doing is correct or not. You can click references for whether it’s pulling the data. It’s all super transparent.”
Prophix AI agents elevate finance from a reactive support role to a strategic driver of efficiency and insight by reconciling transactions, updating forecasts, generating reports with variance analysis and keeping models current. For example, the agents instantly alert when a product marketing budget is ready for review, summarize key changes, such as a 10% advertising increase tied to sales growth, highlight variances and link to the full report, Yagnik pointed out.
“The Prophix AI agents are these pieces of technology that we’ve created to which we give specific business goals and then a set of tasks and a set of tools or capabilities within our Prophix One applications,” he said. “These agents then find the best way to call these tools to run these tasks to achieve those larger business goals.”
Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of “The Future of Finance. Revealed.” event:
(* Disclosure: TheCUBE is a paid media partner for “The Future of Finance. Revealed.” event. Neither Prophix Software Inc., the sponsor of theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
Photo: SiliconANGLE