PRESS RELEASE SEATTLE, Wash. – February 18, 2016
Just in time for tax season, Finagraph announced this week their business analytics tool is now available for free to accountants and business owners.
Finagraph’s patent-pending technology links with accounting software, gathering and analyzing information. Finagraph instantly identifies where the business is strong and where it can improve. Risk indicators, sales trends and industry averages are among the data presented to help businesses understand their financials and translate them into action. Based on accountant feedback, Finagraph’s also added a new print feature making it easy for accountants to print an actionable summary to share with clients.
CEO James Walter sums up the reason behind his decision to move from a fee-based model to free for accountants and business owners. “Finagraph remains passionate about using technology to help businesses grow. By translating data into easy to understand, actionable information, we believe businesses will be more successful.”
Bill Murphy, Sr. Editor of Insightful Accountant (formerly ‘Intuitive Accountant’) comments on his experience with Finagraph. “Having served as technical editor on a 400-page textbook covering Business Analysis using QuickBooks, I can tell you that Finagraph really does allow you to “replace hours of work with 1-click” in order to "obtain financial intelligence on demand.”
How can it be free? Finagraph sells software to banks and other lenders, giving it the ability to provide world-class tools to accountants and business owners for free. The company also offers completely optional recommendations for the best tools to help companies succeed, including helping them find funding when needed.
About Finagraph: Seattle-based Finagraph was founded in 2011. Finagraph is a best-in-class automated financial intelligence tool that provides advanced analytics and data verification. It helps financial professionals and business owners better understand their financials through patent-pending software, online education and instructor-led training. Finagraph Academy delivers leading-edge training and consulting to banks across the nation on the topics of business delivery strategies, branch optimization, advanced technology tools and financial acumen.