GIG HARBOR, NEW YORK AND ATLANTA, July 12, 2012 (GLOBE NEWSWIRE) -- Accounting Today, iLumen and InsynQ-CPAASP announced today the industry's first integration of the WebCPA Client Connection service into a large scale accounting application hosting environment. WebCPA Client Connection is a cloud-based platform that allows a CPA or accounting professional to analyze the financial movement of business clients and access financial dashboards and reports such audit and tax planning metrics, bank covenant analysis, key metric trends and industry benchmarking information.
"We have seen many new technologies come and go," said John Gorst, CEO of InsynQ. "The WebCPA Client Connection powered by iLumen platform is one of the first client analysis technologies we've seen with the right mix of function and scale to have real staying power. I expect that many practitioners will adopt this solution in order to improve their cloud-based services and add value for clients using QuickBooks and other financial applications. InsynQ clearly sees the value of offering access to client analysis applications, and we are indeed pleased to demonstrate our industry leadership by becoming the first to support the integration of WebCPA Client Connection for our subscribers."
"InsynQ-CPAASP is considered one of the pioneers in providing application hosting and services for businesses and accounting professionals, particularly those that serve QuickBooks users," said Rob Whitaker, Senior Vice President & Group Publisher, SourceMedia. "I believe it is clear that WebCPA Client Connection will provide a key value proposition and strategic differentiator for InsynQ-CPAASP and we should expect that others may soon follow their lead."
"Integration of WebCPA Client Connection is a natural fit for InsynQ's leading cloud-based application hosting environment," said Loren Eckart, co-founder of iLumen. "The InsynQ-CPAASP integration leverages WebCPA Client Connection's seamless data connection with QuickBooks which will allow accounting professionals in the InsynQ-CPAASP environment to quickly access client analysis with virtually no set up time."
About InsynQ-CPAASP
Since 1997, InsynQ-CPAASP has been a premier provider of
application hosting services and cloud computing solutions for
businesses and professionals. As the first Intuit authorized
hosting provider for QuickBooks, and with over 300 applications
ready for you to use in the cloud, InsynQ has more experience than
any other provider.
About iLumen
iLumen is a leading innovator of financial analytics and business
intelligence software solutions, addressing the needs of financial
institutions, CPA firms, and those that advise and serve businesses
and corporations. iLumen's Software as a Service (SaaS)
technology securely and seamlessly automates the collection,
standardization, and analysis of financial information from various
sources and delivers it to the desktop through its proprietary
decision analytics platform and customer intelligence applications.
http://www.ilumen.com
About Accounting Today
Accounting Today, founded in 1987, is the premier information resource for the nation's tax and accounting community. The brand serves its audience through a diverse multi-media platform that includes a monthly print publication; an industry leading website featuring daily news, in-depth analysis, and a wide variety of rich media; multiple digital newsletters; live events; and proprietary research. http://www.accountingtoday.com/
About SourceMedia
SourceMedia, an Investcorp company, is a business to business media company serving the financial industry and the related fields of professional services and technology. SourceMedia offers clients and subscribers professional information services - both print and digital - industry-standard data applications, in-depth seminars and conferences, and specialized marketing services. http://www.sourcemedia.com/
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