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Advisors discuss exclusive IT Company trends and what they mean

Three of our Corelytics Advisors who specialize in serving IT companies will be on a panel simulcast to discuss financial trends JUST IN from over 1,000 IT companies in the US.  Join Corelytics CEO, Frank Coker and the panel of advisors next week! 

IT Industry Financial Performance & Trends Analysis PanelCAST

May 30, 2012 – 9-10am Pacific Standard Time

Join the panel as we share information on IT industry trends, so you can better understand where your company fits in to that picture. You will be privy to the freshest aggregate financial performance information and benchmarks coming out of IT providers accounting including:

• Revenue & Margin Trends
• Expenses
• Valuation
• Staff productivity

This unique opportunity will provide you with the latest aggregate accounting data from over 1,000 IT providers.  The expert panel will discuss how the industry got to where it is today and where it is headed.  Compare your own performance, and see how your company stacks up to others in the IT world!

If you’re interested in seeing where you stand in the industry, you’ll want to join in on this call.  Corelytics CEO, Frank Coker, will provide the data, and expert panelists Bob Austin, Irene Klepp and Sharon Ascencio will provide our views based on Service Leadership Benchmarks.* 

Each attendee will receive a free Financial Health Check Report from Corelytics, voted the “Intuit App of the Year”.  This financial performance evaluation will provide you with a Performance Score and also identify which aspects of your business need the most attention. 

To join this meeting on May 30, 2012 at 9:00am (PST), please RSVP: http://itpanelcast.eventbrite.com/

ABOUT THE PANEL:

Frank Coker

A Finance Professor at the University of Washington’s iSchool, Frank is also Chief Strategist of Corelytics.  Corelytics created the award-winning Corelytics Financial Dashboard for small businesses to help predict the future of their business- no MBA required. The Dashboard is a SaaS product that connects to the customer's accounting system, and in a matter of seconds uses the power of predictive analytics to produce a comprehensive set of graphics.  These graphics show the entrepreneur how their business is performing - in a simple and easy-to-understand graphical presentation. Frank serves on several boards, and under his leadership Corelytics has been recognized as a Top 25 Emerging Vendor and was also recently recognized as the grand prize winner by Intuit, Inc. in their Intuit Apps Marketplace.

Irene Klepp

Irene Klepp is Owner of Klepp & Associates, a Virtual Controller for growing IT businesses in Orange County.  Irene brings over 15 years of experience in finance and accounting roles with IT providers and software developers and large corporations, including Verizon Wireless and Western Digital Corporation.  She has a proven method of creating “order” out of financial data.  Irene is a strong advocate of forecasting and tracking cash flow, a primary concern for small business owners.   Irene is a Certified QuickBooks ProAdvisor and Autotask Advisor.

 

Sharon Ascencio

Sharon Ascencio, of Ascencio Accounting & Business Services, is based in Berkeley, CA.  She offers accounting and business advisory services to small businesses in Northern, CA.  Sharon’s background is in working with IT and contracting companies to help her clients gain control over their businesses.  She does this through her expert understanding of business processes and the people who support those functions.  Whether you are tracking technology sales vs. service revenue, hardware and software margins, or comparing your profitability in subscription vs. break-fix scenarios, Sharon’s expertise in analyzing key performance metrics is invaluable.

Bob Dale

Bob Dale, President of Austin Dale, provides financial coaching for M&A Advisory Services and Sales for IT companies.  Selling a technology company isn’t like selling other businesses. The large investments in developing intangible assets, intellectual property, and a skilled team of professionals don’t show up on the balance sheet. Bob’s experience and knowledge ensures that each stage of the transaction process – from valuation to marketing to negotiation to deal completion – is successful. From Austin Headquarters, Bob and his team serve clients in Texas and nationwide.

These benchmarks are a product of Service Leadership, Inc., a leading Solution Provider consultancy firm, and publisher of the Service Leadership Index® of Solution Provider performance, the industry's broadest and deepest operational and financial diagnostic service.