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11
Jul
2009

ProfitCents Introduces First Product to Address Unique Needs of Government Entities and Financial Institutions

Continuing its tradition of designing products with the help of industry experts, Sageworks Inc. announced the release of two new ProfitCents Analytical Procedures modules specifically focused on government entities and financial institutions.


(1888PressRelease) July 11, 2009 - Raleigh, NC - “Input from accounting professionals and CPAs across the country has been critical in our product development efforts,” said Brian Hamilton, CEO of Sageworks. “Our objective in creating these new additions to the ProfitCents platform was to automatically generate individual account expectations for both government entities and financial institutions, and provide users with a thorough risk assessment in one easy worksheet. I think we have truly met our objective, thanks to a great partnership with professionals who conduct audits and reviews across a wide variety of governments and financial institutions. They really helped us in designing the right product.”

These new additions build on the company’s ProfitCents Analytical Procedures software platform, a comprehensive financial analysis suite used by thousands of CPA and accounting firms to standardize engagements, automate analytical review, increase efficiency, and satisfy increasingly tough standards.

Mix a team of financial experts, technical software developers, and knowledgeable industry experts in a series of strategic sessions and the outcome is a product that helps accounting professionals and CPAs:

- Standardize documentation for the analytical review process

- Automate analytical review and expectations by performing a thorough risk assessment in one simple worksheet

“It would take days to prepare what we are getting with ProfitCents in a matter of minutes”, said Louis Stratton of Meador Stratton, LLP in Highland, IN.

About Sageworks, Inc.
Sageworks, Inc. is the leader in the financial analysis of privately-held companies, and is the developer of the Sageworks ProfitCents software platform. Sageworks has been named to the Inc. 500 list of fastest growing privately-held companies in the US.

Melinda Crump
Public Relations
Sageworks, Inc.
5565 Centerview Drive
Raleigh, NC 27606
Ph: 866-603-7029 x641

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Contact Information

Mike Dascola

Sageworks, Inc.

27606

Voice: 866-603-7029

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