Corelytics Begins Rollout of Next GenerationAward-Winning Dashboard with Six New Enhancements

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New features from on-demand reports to proactive alerts underscore Corelytics’ vision of helping small businesses survive, thrive and strengthen the $6 trillion backbone of our economy.

Corelytics enhances its award-winning dashboard with features that will simplify the user experience and add new information to help business owners proactively manage their business. Additionally, these new features enable professional services firms to streamline their portfolio management process.

Included in this quarter’s roll-out:

On-Demand Reports
Available now in the Corelytics Dashboard, standard reports including Balance Sheets and Income Statements can be generated in seconds with Corelytics on-demand report capabilities. Owners no longer have to wait to have reports generated from their accountant. These reports help owners present a prepared and professional image when engaging with lenders and stakeholders. (See attached screenshots)

Corelytics is currently working with early adopters on the following features which will soon be released to our broader community of users:    

Proactive Alerts
Corelytics is introducing proactive alerts features that will give business owners immediate notifications when their business falls outside tolerance zones for goals or peer benchmarks. Triggers can be customized to notify owners when trouble is on the horizon; and they can tailor the frequency and format of the communications to their liking.

Enhanced Security
Corelytics has gone through one of the industry’s toughest security audits through Intuit App Center’s new internal and external security evaluations. “Intuit thoughly looked at how we connect to the outside world and we’ve passed a 30-point checklist to verify that the dashboard is bank-level secure,” notes Corelytics CEO Frank Coker

New Accounting System and ERP System Integrations
Corelytics expands its connections to accounting systems. New features offer business owners proactive alerts; one-click connections to PeachTree (Sage50); Dynamics; QuickBooks Online, Xero, MYOB and more. Customers using a variety of accounting systems will have the same one-click connection to their data, simplifying and reducing setup time. Even ERP customers using SYSPRO will be able to integrate their ERP and accounting data with the dashboard.

Automatic Updates
Next quarter, owners will no longer need to update their data. Corelytics will automatically pull the latest 36 months of data from their accounting system without any keystrokes from the owner.

Portfolio Management – For consultants, advisors and CPAs, Corelytics has responded to requests for deeper portfolio management capabilities. New portfolio management capabilities let advisors,consultants, franchises, peer groups and banks track the performance of their client portfolio and see where help is needed.

In sum, Corelytics is on a pathway to improve the success of small businesses around the world through predictive analytics, business intelligence, and proactive management.

“The power of large corporate software and ERP tools are now available and represents a C change for smaller businesses. Making this technology accessible in the cloud has really been a revolution,” notes Len Jessup, Dean of Eller College of Management at the University of Arizona.

Corelytics sees a world where small business owners can predict their future, track their goals and benchmark with peers resulting in a heathier small business economy. These enhancements bring Corelytics closer to that reality with better-informed business owners and an ecosystem of accountants and consultants that can get on-demand visibility into business health. Ultimately, even small improvements to each small business can make a big difference in business survival rates and economic contribution.

Small businesses generate more than 50 percent of the United States GDP and employ about 70 percent of the workforce. So, while the media spotlight is generally on big business, it is small businesses that are doing the heavy lifting. It is the goal of Corelytics to provide insights to small businesses that make it possible to see a clearer picture of where they are headed and take action before problems get too big to fix.

The perfect storm of economics, new technologies, and new management methods make this the time for small businesses to take more control of their future.


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Kris Fuehr
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