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Newly announced partnership provides MSP University members with business intelligence, benchmarking metrics and financial management tools
Garden Grove, IL and Seattle, WA 08/22/2010- Managed Service Provider University (www.mspu.us); the largest consultancy and online resource dedicated to business transformation and improvement strategies for information technology (IT) professionals and managed service providers worldwide, announced today it is collaborating with CoreConnex (www.coreconnex.com) to make the Corelytics™ Financial Dashboard available to its members.
The Corelytics Financial Dashboard will provide MSP University member companies with a more complete picture of their current and projected business performance.
The Corelytics Financial Dashboard solution receives data from a company's financial accounting systems and provides a secure, hosted platform to display financial performance, key indicators and forecasts. This can become the foundation for sound financial management practices and improved business planning for small to mid-sized companies.
"This strategic partnership is another great example of MSP University's mission to seek out and engage with business partners whose products and services will add value to our members' businesses" said Erick Simpson, Vice President of MSP University.
IT benchmarks are a major feature of the Corelytics Financial Dashboard and are brought to MSP University members through an exclusive partnership between CoreConnex and Service Leadership, Inc. (www.service-leadership.com) The combination of industry benchmarks, business analytics and the leading financial dashboard provides MSP University members with an important, value added offering.
"We are extremely excited to have MSP University join our growing list of industry-leading partners. MSP University is a key player in our market and provides valuable educational resources and tools for IT service companies looking to implement best practices as part of their growth strategies. The Corelytics Financial Dashboard is a perfect fit for their mission and position of leadership," says Frank Coker, chief executive officer of CoreConnex.
CoreConnex will offer promotional pricing and a free trial for MSP University members on both the "Lite" and "Standard" versions, in addition to educational and coaching opportunities. The Corelytics Financial Dashboard is specifically designed for IT services companies that need to move quickly to define priorities every month based on clear financial insight and important market data.
How it works
The Corelytics Financial Dashboard gives MSP University members a clear picture of where their business is headed. With a few clicks, company owners and managers automatically retrieve accounting data from their accounting system into the Corelytics Financial Dashboard to see trend lines, forecasts, and business performance analytics. Corelytics uses the company's profile data to select a set of benchmarks that are derived from companies with similar characteristics. The dashboard helps managers establish business disciplines that will unlock their potential in this growing market sector.
The Service Leadership Index™ benchmarks combined with the Predominant Business Model® classifications allows business owners and managers see how they compare to top performing companies with similar profiles. Corelytics users can see how they are progressing toward industry best practices and toward the goals they set for their business. The Corelytics Financial Dashboard also shows the business owner potential financial projections for the next 12 months based on their company's past performance patterns. This puts a spotlight on areas where management needs to focus to maximize performance.
About MSP University
MSP University provides IT business operations, sales and marketing and technical service delivery improvement education, training, fulfillment and consulting services to Fortune 50 manufacturers, distributors, membership organizations, vendor channels, franchises and thousands of independent IT service organizations worldwide. MSP University is the ultimate resource for IT solution providers, whether preparing to transition to an annuity-based Managed Services delivery model, or who are already delivering Managed Services, and wish to increase their knowledge of IT and Managed Services vendors, services, solutions and business, technical and sales and marketing best practices to drive revenue and increase profitability. For more information, visit www.mspu.us.
About CoreConnex, Inc.
Founded in 2005 in Bellevue, WA, CoreConnex was formed as an extension of an existing consulting practice with over 20 years of business coaching in multiple industries and a specialization in technology service business. The goal of CoreConnex is to bring SaaS (Software as a Service) business analytics and easy-to-understand visual metrics to the technology services market with recognition that most service company owners do not have a financial background and yet need sophisticated tools to help build their businesses as the technology market rapidly evolves. The company currently has subscribers in 10 countries and growing. Visit www.coreconnex.com or call 425-533-0733.
