"

MentorPlus Hits the Financial Analysis Trail

Financial analysis tools for accountants sounded like a natural hit. Give CPAs software that would help them analyze client financial statements and sell services based on the analysis.

It hasn’t quite worked that way. In May, Thomson Reuters announced after years of promoting its entry that the Financial Analysis CS module from its CS Professional Suite would be given to accountants for free. Profit Driver from CCH is off the market in the United States, as is the Sage Accpac CFO package that was built on the same Australian product as Profit Driver.

Now, Mentor Plus is making another go at financial analysis with a product called ScopeIt that follows the same basic principles as the other applications in that users can manipulate numbers in financial statements and changes will ripple through to connected data. Advisors can use scenarios to  show clients how changes, such as in the cost of goods sold, can affect financial performance.

 

Read more...

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.