SageWorks, Inc. – ProfitCents

ProfitCents from SageWorks, Inc. (www.profitcents.com) is a web-based financial statement analysis program for financial professionals that provides comprehensive, client-ready reports that help explain a company’s financial condition. ProfitCents uses industry comparisons, ratio analyses and trend analyses to develop the report after the professional inputs client industry and key income statement and balance sheet data. SageWorks Chairman and CEO Brian Hamilton, a noted expert on the analysis of corporate financials, noted the ability of financial analysis programs to help public accountants assist their clients, while at the same time providing a new service and strengthening their client relationships. ‘Technological advances have provided new ways for financial
professionals to set their firms
apart and generate more revenue,’
he said. ‘Sageworks’
web-based solutions are designed
to provide an unbiased method to
looking at a company’s financial
scenario.’

ProfitCents uses patent-pending
FIND technology to convert financial
statement data into narrative text
reports, including the ProfitCents
Basic report, which is designed
for principals of small- to medium-sized
businesses, and provides recommendations
to help improve business performance.
The ProfitCents Infinity report
provides an additional 18 metrics
and points of analysis, and is geared
for use by business advisors such
as CPAs to help in their role as
financial advisors. The ProfitCents
Extreme report is for financial
managers who need the highest level
of financial analysis for large
privately held companies. Extreme
includes advanced text, metrics
and reporting facilities.

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