Dashboards have enabled larger companies to focus their management and employees on goals and on metrics to track achieving those goals. It’s time for middle market companies to have affordable access to the same kinds of tools
San Francisco, CA (PRWEB) March 10, 2014
Newport Board Group, the leading national advisory services firm comprised of former CEOs and senior executives and InsightSPI, a leading provider of business analytics and performance management software, have announced a strategic alliance to create executive-level dashboards to help middle market companies measure performance and monitor metrics. The dashboards will integrate a comprehensive set of proven strategies and tools that can produce rapid gains in cash flow, improve corporate performance and valuation and prepare for a capital transaction.
Newport will integrate InsightSPI products into the Newport Value Accelerator™ (NVA), a proprietary methodology to set and attain cash flow and valuation targets. Drawing on the wide range of industry expertise in the Newport Expert Network™, Newport will build InsightSPI tools into Newport’s holistic approach to enhancing the value of middle market companies.
The alliance with Newport will allow InsightSPI to incorporate the operating experience and expertise of almost 80 Newport partners. Working together, Newport and InsightSPI will help owners and executives better understand their business, address operating problems, capitalize on opportunities and see the impact of their decisions. The alliance will accelerate bringing to the middle market valuable performance management capabilities that until now have been accessible only to large companies.
Michael Evans, a Newport Managing Director and Board Member commented: “We are excited about our alliance with InsightSPI. Dashboards have enabled larger companies to focus their management and employees on goals and on metrics to track achieving those goals. It’s time for middle market companies to have affordable access to the same kinds of powerful, practical tools.”
Scott Stein, CEO of InsightSPI, said: “InsightSPI sees Newport as an ideal complement to our technology solutions. Newport partners have the experience and savvy to enhance our products with practical strategies to improve results and valuation. Newport’s Expert Network will help us integrate a tool kit of improvement options that our customers can tailor to their needs.”
About InsightSPI: InsightSPI is a leading innovator of technology solutions and strategies for business analytics and performance management. The company brings improved decision-making capabilities and actionable business insight to high-growth organizations at lower costs and with quicker results. InsightSPI provides cloud on-demand and on premise solutions that are implemented in weeks with high user adoption, enabling rapid returns on performance management investments. InsightSPI delivers business intelligence and performance management solutions that provide actionable information to the right decision-makers at the right time. insightspi.com
About Newport Board Group: Newport is a unique national professional services firm whose partners are CEOs and senior executives. Exclusively dedicated to the firm, they work together through the Newport Expert Network™ to guide companies through transitions and assist private equity and other professional investors to acquire and grow these kinds of companies. They serve as CEO Advisors, seated Board Directors and interim executives and lead special projects. Newport has practices in 17 major U.S. markets. newportboardgroup.com
For information regarding this release, please contact Michael Evans at (415) 990-1844.