ProfitCents logo

ProfitCents

by Abrigo
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ActiveCloud
Quick facts
VendorAbrigo
Year launchedN/A
StatusActive
Location5444 Wade Park Blvd. Raleigh, NC 27607
Countries servedN/A
Languages1
Integrations8+
Free tierNO
Free trialNO
Contact salesYES

About ProfitCents

ProfitCents is a financial analysis software by Abrigo for accountants and financial professionals.

ProfitCents, a product of Abrigo, is a financial analysis platform designed for accountants, auditors, and financial advisors. It specializes in translating complex financial data into understandable narrative reports, facilitating better client communication and advisory services. The software's core strengths lie in its extensive industry benchmarking capabilities, which draw from a large database of private-company data, and its robust tools for financial projections and "what-if" scenario modeling. It also provides dedicated modules for streamlining audit and review processes and for conducting formal business valuations. The platform supports data import from various tax and accounting systems, including QuickBooks and Xero. Pricing is not publicly available and requires contacting the sales team. Support is offered via phone and email.

Pros & Cons

Pros
  • Converts complex financial data into easy-to-understand narrative reports.
  • Provides access to a large, real-time database of private-company financial data for benchmarking.
  • Streamlines preliminary analytics and documentation for audits and reviews.
  • Integrates with popular tax and accounting software to simplify data import.
  • Offers tools for financial projections and business valuations.
Cons
  • Pricing is not publicly available and requires a sales inquiry.
  • The user interface on the dedicated product site appears dated.

Features

Key features

Financial Analysis Reports

Converts complex financial statements into plain-language narrative reports to help clients understand their financial health.

Industry Benchmarking

Compares a business's financial performance against a large database of private-company data across over 1,400 industries.

Financial Projections

Allows advisors to perform "what-if" scenarios to show clients how business changes can impact their financial condition.

Audit and Review Tools

Streamlines preliminary analytics, documents expected value calculations, and ensures consistency for audits of various entity types.

Business Valuation

Provides a web-based tool for performing business valuations modeled after SSVS No. 1 standards, using income, market, and asset approaches.

Additional features

Data Import

Integrates with tax and accounting software like QuickBooks, Xero, and UltraTax to automatically import client data.

Customizable Reporting

Allows firms to add their own branding to the generated financial analysis reports.

Ratio Analysis

Provides over 60 financial ratios and metrics for in-depth analysis and comparison.

Trend Analysis

Visualizes a business's financial performance over time to identify strengths and weaknesses.

Excel Integration

Supports uploading client data from Excel for accounting systems that do not have a direct integration.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Countries served
1
Interface languages
Billing currencies

Interface languages

English

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