SageworksInc.GlobeSt.com
GlobeSt.com: Sageworks promises to transform complexfinancial numbers into plain language. In brief, tell me about thetechnology behind that mission.
Filipponi: Our patented expert system takes incomestatement and balance sheet inputs and calculates a series offinancial ratios. The ratios are then benchmarked againstindustry-specific peers and graded in order to produce a narrativeanalysis on the company's financial position. We comment onliquidity, profitability, sales, borrowing and assets usage. Thetechnology was developed to help business owners understand theirfinances better.
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