Prophit.ai

Northeast Ohio
Website: 
Technology Sector: 
IT

Prophit.ai applies advanced machine learning technology to help prevent U.S. corporations from overpaying the $30B of sales tax that is paid in error each year. Currently, their only option is to have a team of external tax consultants spend months to recover this money through a reverse audit, but they charge up to 35% in contingency fees. With Prophit.ai’s subscription software, corporations can prevent these tax overpayments from happening in the first place and break the endless cycle of reverse audits.