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IBN with the help of SageWorks analysis tool Named “Profitcent” has saved
tremendous amount of CFO’s time & help them focus on High Level Finance Functions.
IBN is using SageWorks financial analysis tool called as “Profit-cent” for providing Assistance
to CFO’s Services and to End Customers who cannot appoint full-time CFO’s for their business
strategic management.
Profit-cent is a web-based software program that interprets financial statements into a
plain-language, narrative report that includes ratios, graphs, industry comparisons, and trend
analysis. The reports are very quick and easy to generate, and accountants use them in 3 main
ways:
1. As a value-added part of their management discussion
2. As a part of the analytical procedures for audits and reviews
3. As a marketing and business development resource
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