IBM Trade Secret Allows Businesses To Discover Untapped Value Hidden In Their Financial Statements

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News Archive > 2007 > May > 1
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A Picture's Worth A 1,000 Numbers. The Financial Scoreboard is a powerful program transforming fragmented financial information into a coherent and useful picture. Excel format makes it a snap to use.
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May 1, 2007 (Press Release) -- San Jose, California (FPR) April 30, 2007 -- FinancialScoreboard.com announces the availability of two software tools designed to enhance cash flow and the overall financial performance of small to medium sized businesses. Businesses mostly fail because owners and managers do not understand how money passes through the operation and are in effect growing themselves broke. The Financial Scoreboard and its sister product, the Financial Dashboard give business owners and managers the trade secret that led to IBM’s phenomenal early success.

Lou Mobley, a renaissance man who loved math and science and who was a member of the original team that created IBM’s first computer, was challenged to find a way to make finance teachable and simplify accounting’s seeming complexity. The resulting matrix gave the secret cash flow management edge that IBM used to dominate its industry, ultimately becoming a leading global institution.

What began as an IBM accounting and finance breakthrough is now available for anyone to take command of their cash flow and profit from these proven methods. The Financial Scoreboard motivates teams and allows them to translate financial statements into a clear picture, making the financial data relevant to operations.

"We now use the Financial Scoreboard in all management meetings to look at financial performance. The scoreboard helps us make smarter business decisions that will improve profit and cash flow" said Jim Fici, Westinghouse Plant Manager. The Financial Dashboard has also proven to be a highly effective investment analysis tool. According to Herschell Doss, "Financial Scoreboard software helps me know my own business... and know my competitors better than they know themselves... and analyze stocks for highly profitable investing."

Also included with the program is the Financial Scoreboard companion book, Managing by the Numbers by Kremer, Rizzuto, and Case — a must-have reference for anyone who struggles with reading and understanding financial reports. This book, written specifically for scoreboard users, and the Financial Scoreboard software program together show the reader how to master the basics of financial analysis. In it the reader will discover how to make more informed financial decisions and learn how to evaluate company performance on three bottom lines (cash flow, profit, and return on assets). The Financial Scoreboard and Financial Dashboard, along with Managing by the Numbers provide two revolutionary tools that can be used to see and understand a company's financial condition in a way not previously possible.


To learn more, please visit the website at:
http://www.financialscoreboard.com/scoreboard.html


CONTACT INFORMATION:

Allen Reed
831-465-1047 Direct
allen.reed@holisys.com

c/o Holisys Ltd.
U.S. Mailing Address
P.O. Box 8
Saratoga, CA 95071-0008


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For more information:

Allen David Reed
c/o Holisys Ltd.
P.O. Box 8
Saratoga, CA 95071-0008
831-465-1047 vox
allen.reed@holisys.com

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Publisher: Holisys Limited/Allen David Reed




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