Tuesday, March 09, 2010

What is $COPE IT! Software?

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$COPE IT! software is a tool for accountants and/or business owners who have strong financial fluency skills. It is designed to make it easier for you to explain (and understand) financial statement information and how to help non-financial people become more financially fluent.

Think of it as a translator.

Mentor Plus has combined the very best of financial analysis tools; which includes financial results, ratios, scenario modeling and what-if analysis, and added a special dashboard that combines financial and non-financial measures. You can create custom measures for every performance area in a business and display progress against targets and benchmarks in a visual way. Use it in quarterly meetings to build team consensus or in one-on-one meetings with an owner to show the impact of alternative decisions.

To learn more about $COPE IT! software, view the video on the right or click on the sample $COPE dashboard below.

The $COPE Dashboard The $COPE Dashboard Minimize

Go ahead and click (below) on the $COPE letters in the dashboard. You'll see that they are dynamic. With each click, you reveal an entirely new set of measures.

The customizable $COPE Dashboard is found only in the $COPE IT!tm Software which is included with the $COPE Mentor training class or available for purchase separately.

$COPE IT! Software Details Minimize

We have looked at, and even recommended other analytical software programs over the years, and yet none of them totally fit with our "client centric" philosophy.We are very excited about the release of Mentor Plus® $COPE IT!tm in Summer of 2009. For a demonstration of the software contact Geni Whitehouse: geni@mentorplus.com

Each unit of the Software is released with two versions; 1 for your laptop and 1 for your networked desktop. The retail price of the software is $995. The software comes with one hour of FREE training on-line. Annual renewal on the software includes all updates and new releases for $695.

Additionally, because we believe that your softskills are equally, if not more important than the software, we bundle $COPE IT! Software with our $COPE Mentor Training Program to help you start generating new revenue that much faster.

$COPE IT Software price: $995 for first year.

Renewal and maintenance for each subsequent year: $695

There are two ways to buy :

1. The low tech way - download this form and fax it in.
 

       Or

2. Buy online via our secure Shopping Cart 

A Financial and Business Fluency Tool Minimize

$COPE IT!tm is not like any other back-office analytical software you may have seen. It is designed specifically for face-to-face discussions with your clients. Although it will produce some very robust reports, its real value lies in the interactive dialogue that happens between you and your client. When your client asks you, "if I made a profit, where is my cash?" Wouldn't it be great if rather than just talking, you could educate him using his own numbers in a very simple and straightforward manner? By just making a few changes to his information in $COPE IT!, you will be able to show your client the link between the Income Statement and the Balance Sheet - and a picture is worth a thousand numbers. We refer to this discussion as Financial and Business Fluency.

How many times have you tried to dispell the fallacy that growth always equals profit? 

 Again, wouldn't it be great to take the conjecture out of the discussion and plug in real numbers so your client can wrap his head around potential outcomes? It is the interactive "what-if" capability that makes this sofware so powerful. In addition to transforming financial information into a valuable management tool, $COPE IT!tm software includes the Mentor Plus proprietary $COPE Dashboard. No other software facilitates such a broad and meaningful discussion about all the activities that can make or break a client's business. The software is one of many tools that compliment the Mentor Plus Mind Set and Skill Set that is achieved through our training programs. 

Webinar On-Demand Minimize

 Free Webinar:    

Bringing Financial Statements to Life

Missed the date? Click here

to view the webinar at your leisure.

Are you tired of getting a blank stare when you hand over your client's financial statements?

Do your clients yawn every time you mention going over their results?

Ever had a client ask what you did to his sales results? 

Attend this free one hour webinar to learn how to solve these problems forever. After one session you'll know how to bring those numbers to life like the animals in a Disney water ride. Your clients' numbers have a story to tell, and we'll show you a structured, repeatable process for becoming a master story teller. We'll even show you  how to create your own $COPE dashboard for every client.


  
About $COPE IT! Software About $COPE IT! Software Minimize

It's no secret that the central focus of a traditional business owner / accountant relationship is financial information. Sadly, for many firms, the financial statement is the only focus.

"When all you have is a hammer, all your problems look like a nail."

No one knows who made that statement originally, but they were probably referring to accounting firms and financial statements. More often than not, clients already know how their numbers will look on their financial statements.

What they don't know is how to change the results when they are heading in the wrong direction. That's when they expect their accountant to step up and go beyond the numbers - to help them not only understand the business behind their numbers but to help them decide where to make changes going forward.

This disconnect between client expectations and the services they receive means that firms have a responsbility to broaden their perspective. They must look beyond traditional financial information to all areas of their clients' business performance.

At the end of the day, the role of the accountant is "To Improve the Quality of Information for Decision Makers." In order to provide the very highest level of decision support for clients, firms need to take traditional financial information and look at it from a non-traditional perspective. The Mentor Plus® $COPE IT!tm Software program lets you do just that.

This unique software supports the client centric practitioner by creating a clear link between activities and outcomes. It serves as a bridge between the traditional financial discussions you've had in the past and the future-focused, planning-oriented discussions your clients are starving for. 

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