ILUMEN™ ANNOUNCES AUTOMATED DATA INTEGRATION WITH QUICKBOOKS
New data-sync technology enables businesses running QuickBooks with access to robust financial analysis and seamless connection with advisors, lenders and trade partners.
Atlanta, GA, December 2, 2011 - iLumen announced today a new integration to Intuit's QuickBooks accounting products, enabling an automatic and continuous data-sync of financial accounting data from the QuickBooks desktop into iLumen's cloud-based Financial Information Network.
iLumen's financial analytics platform enables the marketplace of accountants, advisors, lenders, and stakeholders to connect with and advise Small Business clients in a secure, value-added cloud-based environment. "QuickBooks users represent the large majority of small businesses that seek better advice and financial insight from their CPA and other trusted advisors," said Michael Canzian, CEO of iLumen. "Automating the data sync from QuickBooks will significantly accelerate the cloud based collaboration between small businesses and their trusted advisors and partners who help them manage, grow and finance their businesses."
"The Intuit Advisor community represents thousands of professionals serving millions of businesses who use QuickBooks as their primary accounting and business management platform," said Joe Woodard, President, The Woodard Consulting Group. "iLumen's cloud-based analytics and business intelligence platform adds significant value to both the advisor and the private business running QuickBooks. In my view, this seamless data integration to QuickBooks is the final piece needed to rapidly scale iLumen's platform as a premier service for the Intuit advisor community to offer tools, advice and services in the cloud."
"The iLumen platform powers Accounting Today's WebCPA Client Connection service, which is exposed through our channels to over 150,000 accounting professionals, most of whom serve small business clients using QuickBooks," said Rob Whitaker, Group Publisher of Source Media and Accounting Today. "The iLumen integration with QuickBooks will rapidly accelerate how our accounting subscribers can collaborate with and serve their small business clients based on the key performance metrics and financial trends of the QuickBooks business client."
"As an application hosting provider that has been serving accounting professionals and their clients since 1997, we have seen many new technologies come and go," said John Gorst, CEO of InsynQ. "The iLumen platform is one of the first client analysis technologies we've seen with the right mix of function and scale to have real staying power. I expect that many practitioners will adopt this solution in order to improve their cloud-based services and add value for clients using QuickBooks and other financial applications. InsynQ clearly sees the value of offering access to client analysis applications, and supporting those data integrations for our subscribers."
iLumen's Solutions scale to the meet the needs of any customer:
- iDAP™ – iLumen Decision Analytics Platform
- Portfolio Connection™ - Portfolio monitoring, analytics, reporting and data mining
- Customer Connection™ – Branded customer portal for data capture and analytics
- WebCPA Client Connection™ – Mass subscription portal for Accounting market
- WebBanker Connect™ – Mass subscription portal for Financial Institutions
About iLumen
iLumen is a leading innovator of decision analytics and business intelligence software solutions,
addressing the needs of financial institutions, accounting firms, and those that advise and serve
businesses and corporations. As part of its value proposition, iLumen's Software as a Service (SaaS)
technology securely and seamlessly automates the collection, standardization, and analysis of
financial information from various sources and delivers it to the desktop through its proprietary
decision analytics platform and customer intelligence applications.
Contacts:
Loren Eckart, iLumen, 404-446-1600, leckart@ilumen.com