Corelytics

The Corelytics Financial Dashboard is a software solution aimed at small to medium-sized businesses. According to the vendor, it is designed to measure, monitor, and share the financial health of businesses. The tool is utilized by accounting and finance professionals, business owners, consultants, CPAs, and group leaders across various industries.

Key Features

Power Tool for Advisors: According to the vendor, this feature allows advisors to efficiently analyze a client's business and become their most valuable advisor. The tool normalizes data and uses predictive analytics to consolidate and compare it to industry benchmarks, enabling advisors to prepare a professional assessment within minutes.

Industry Indexes: The vendor states that this feature anonymously aggregates industry data for benchmarking purposes. It provides custom intelligence on the metrics that matter most and offers averages to understand performance and market behavior within a specific industry. Corelytics is constantly seeking relationships with advisors and industry leaders to add more reports.

Management Tool for Business Owners: According to the vendor, this feature seamlessly connects to QuickBooks or other leading accounting systems, providing visual business intelligence at a glance. No data entry is required, and the tool predicts best and worst-case future scenarios with 88% accuracy.

Owners and Advisors Working Together: The vendor claims that this feature allows consultants, CPAs, or group leaders to keep an eye on financial challenges and opportunities. Monthly interactions help monitor and keep businesses on track. The tool allows users to assess current financial performance and compare it to others in the industry. It also enables users to perform business valuations or analyze businesses for potential acquisition.

Advisors: According to the vendor, Corelytics Financial Dashboard adds a new dimension of offerings to consulting or accounting practices. It extends capabilities beyond historical reviews to assist with prediction and prevention. The tool provides resources and support to help advisors be successful, and it offers an easy way to get started with just three accounts and leads sharing.

Buy: Advisors: The vendor offers custom pricing for this package, depending on the number of concurrent clients managed and required features. The package includes initial basic setup and personalized mapping, dashboard sharing to discuss trends, and additional resources and support for advisors.

Buy: Business Owners: This package, according to the vendor, includes two users and auto-mapping of current accounts. It offers leading indicators and multiple lines of business tracking, predictive forecasts, industry benchmarks, and detailed expense trend analysis and key ratios.