ProfitCents is a web-based financial analysis software suite that accountancy practices use to win new and retain existing business clients. The solution quickly converts sets of accounts into customisable reports explaining the company’s financial health relative to the past and to peers.
Narrative is an easy-to-understand yet comprehensive financial analysis of the business including narrative, graphs, ratios, trends, and industry comparisons. Use the report as a value-added complement to annual or management accounts or to set your firm apart when meeting prospective clients.
Projections quickly forecasts monthly, quarterly, or annual accounts using regression analysis of historical trends, and the solution allows the user to modify key assumptions and drivers. It also includes a loan analysis worksheet and company valuation.
Analytical Procedures is commonly used for pre-audit planning and risk assessment. It includes expected values calculations, variance analysis, an analytical procedures documentation worksheet, a risk assessment worksheet, and everything included in the Narrative report.
Accountancy practices can access industry reports from businesses of all sizes and organisation types, as well as industry-specific key performance indicators. Sageworks' real-time industry averages can be used as a deliverable to benchmark clients, track industry trends, cross-sell services, and integrate with our other products.