Name: ProfitCents
Author: Abrigo

Help Desk

Web and Video Conferencing

Customer Support

Mind Mapping

Mobile App Development

Development

Business Intelligence (BI)

Collaboration

Communications Platform as a Service (CPaaS)

Org Chart

Enterprise

Accounting

Payment Gateway

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Recruitment Automation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

API Management

Cloud Storage

Component Content Management

Data Quality

Desktop Outsourcing

Electronic Data Interchange (EDI)

Fraud Detection

IT Infrastructure Monitoring

IT Service Management (ITSM)

Identity Governance and Administration

Industrial IoT

Infrastructure-as-Code (IaC)

Integration Platform as a Service (iPaaS)

Managed Print

Network Performance Monitoring

Relational Database Management Systems

Session Border Controllers

Solid State Drives

Static Application Security Testing (SAST)

Static Code Analysis

Tower Servers

Traffic Switching

Virtual Private Network (VPN)

Vulnerability Management

Information Technology

A/B Testing

Ad Serving & Retargeting

Advertising Agency

All-in-One Marketing

Consumer Ratings & Reviews

Content Management

Email Marketing

Heatmap and Session Recording

Intent Data

Marketing Automation

Marketing Resource Management

Social Media Management

Survey & Forms Building

Video Streaming

Web Analytics

Webinar

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation

Multichannel Retail

Sales Gamification

Sales Intelligence

Sales

Secure Service Edge (SSE)

User and Entity Behavior Analytics (UEBA)

Security

Car Rental

Commercial Drone

Equation Editors

Insurance Agency Management

Public Sector Software

Real Estate Property Management

Trucking Software

Vertical-Specific

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ProfitCents, developed by Abrigo, is a suite of online tools designed to assist financial advisors in enhancing the financial performance of their business clients. According to the vendor, the software offers a range of features that enable advisors to compare client performance, optimize cash flow, streamline analytics, and scale valuation services. ProfitCents is specifically tailored for financial advisors working with small to medium-sized businesses across various professions and industries, including accountants, CPAs, financial advisors, business consultants, banking professionals, and sectors such as manufacturing, retail, healthcare, and professional services.

## Key Features

**Benchmark Client Performance**: According to the vendor, ProfitCents provides industry benchmarks to help financial advisors compare their clients with peers in the same industry. Advisors can utilize these benchmarks to identify areas for improvement and provide valuable financial insights.

**Improve Clients' Cash Flow**: The vendor claims that ProfitCents helps financial advisors identify and prioritize business improvements that can generate more cash for their clients. By analyzing financial performance, advisors can offer better advice and assist clients in enhancing their cash flow.

**Streamline Preliminary Analytics**: According to the vendor, ProfitCents simplifies the process of conducting preliminary analytics for audits and reviews. It assists accounting firms in meeting audit and review standards by providing ratio analysis, documenting calculations, and generating comprehensive reports.

**Scale a Valuation Practice**: The vendor states that ProfitCents offers SSVS No. 1 compliant business valuation services to help financial advisors increase their realization rates. It saves time and reduces risk with automated workflow and online document management for valuations.

**Industry Data Reports**: ProfitCents, according to the vendor, provides accurate benchmarking data by aggregating financial statements from accounting firms, banks, and credit unions. It offers insights into more than 1,400 industries through 60 ratios and metrics, allowing advisors to easily compare businesses and identify industry trends.

**Narrative Financial Analysis**: The vendor claims that ProfitCents offers a narrative report that simplifies financial statements into plain language narratives. This report helps advisors provide clients with a comprehensive understanding of their financial health, including historical and peer comparisons.

**Projection Analysis**: According to the vendor, ProfitCents enables advisors to perform "what-if" scenarios, showcasing how changes in the business can impact its financial condition. The report can also provide an informal valuation to support succession planning.

**Importing Client Data**: The vendor states that ProfitCents offers multiple options for importing client data, including integration with accounting and tax software. Data can be seamlessly imported from software such as Drake, Lacerte, Proseries Tax, QuickBooks, and more.

**Easy-to-Use Web-Based Technology**: ProfitCents, according to the vendor, is a web-based software that requires no installation or download. It provides an intuitive user experience and can be accessed from anywhere, ensuring easy scalability and accessibility.


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ProfitCents

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