Bellevue, WA -- October 14, 2011 -- Mentor Plus and Corelytics today announce a new alliance to help Accountants grow their business advisory practices. Mentor Plus’ 20-year history of proven techniques coupled with the award-winning Corelytics Financial Dashboard creates an essential combination for the growth-oriented accountant. The two companies are launching a Coach Incubator Program to expand the business mentoring mindset, skillset and toolset of accountants and other business advisors.
“[…] most accountants are not delivering what the client wants. Some accountants are still playing the role as technicians rather than as advisers" ~ Gregory Potts, The Journal Record.
“Anyone who has railed against bean-counters will take pleasure in watching as the accounting profession is taken to task for consistency over relevance." ~ Inc. Magazine.
This sentiment from industry media is one of the driving reasons behind this new relationship between Mentor Plus and Corelytics. Participants in their Coach Incubator Program will be part of the Mentor Plus M.B.A. – More Business Acumen workshops. The first one will be held on Dec 5-6 in San Jose, CA where they will be taught about how to transform their consulting practice and use the Corelytics dashboard to monitor their clients’ month-to-month financial performance, help clients set goals and make forecasts.
Participants will receive hands-on support to get their client dashboards established and after a year of tracking client performance using Corelytics, they will be eligible to receive the Coaches Incubator Benchmark Report. Participants will be benchmarked with their coaching peers to evaluate the trends within their respective client portfolios.
“Most accountants, although strong technically, lack the business acumen to help their clients manage the day-to-day performance of their company. This training will give accountants a whole new way of supporting business owners/managers and deepening their relationships," said Edi Osborne, CEO of MentorPlus. “The business acumen problem hasn’t changed over the years but the technology is now available to support them. Corelytics gives them visibility on the picture of their business needed to help their clients set goals, spot trends, forecast their future and even benchmark their performance against others. With this insight, these accountants can extend their value dramatically,” said Osborne.
Accountants interested in learning more or joining the Mentor Plus M.B.A. Program can visit the Mentor Plus web site at http://www.mentorplus.com/mba---more-business-acumen-program.html
The Corelytics Financial Dashboard, developed by Bellevue-based Corelytics, Inc., was selected as the online software to be used in the Coach Incubator Program because it provides coaches and their clients with an easy way to quickly view performance against goals, industry benchmarks and overall trends without fussing with spreadsheets. Corelytics was also recently recognized as the grand prize winner by Intuit, Inc. in the 2011 Intuit Apps Showcase http://ippblog.intuit.com/blog/2011/08/ipp-developers-win-100000-at-intuit-apps-showcase.html.
Corelytics is revolutionizing the way that small businesses see and manage their finances with an easy-to-use dashboard that helps them compare their financial performance with peers in their industry.
“Together with MentorPlus, accountants will have the business model, processes, skills and the tools to really make an important shift in the value they provide to their clients’ businesses- this is a big win for small business,” said Tony Lael, Executive Vice President of Corelytics.
About Mentor Plus
For over 20 years Mentor Plus has been focused on improving the business acumen and advisory skills of accounting professionals. Hundreds of accountants have a more positive impact on the success of countless businesses all over North America. Mentor Plus teaches business fundamentals to accountants in how to apply their accounting skills to measure and manage all areas of business performance. Mentor Plus also focuses on developing people skills so they can communicate and interact more effectively with clients and others on their team. For more information, contact Edi Osborne at http://www.mentorplus.com or call (831)-659-7587.
The Corelytics Financial Dashboard, created by CoreConnex, Inc, helps businesses quickly access a clear picture of their financial performance with goal-setting, predictive analytics and peer benchmarking. Priced at $69 a month and available on the Intuit Marketplace, Corelytics is an affordable solution for businesses to monitor trends before they become problems – all using a recommended 30-Minute Monthly Action Plan.
Based in Bellevue, Washington, the company was founded in 2005. The company currently serves about 1,000 customers across 11 countries while Corelytics helps manage almost $2 billion in aggregate revenues for small businesses. For additional information please visit: http://www.corelytics.com or call (866) 221-8394 . For press inquiries: please contact Kris Fuehr: Kris.coreconnex.com.