User Comments

“As a hands-on meat processor, I am more comfortable with yields and margins than credits and debits. Although I spend time with my CPAs every year, I have never fully understood the intricacies of the financial statement, or how my company was doing compared to other companies doing similar work. The RSM McGladrey Financial Benchmarking program has proven to be an invaluable tool in deciphering our current financial situation and giving us insights for improving our overall management. I have been in business for thirty-five years, and for the first time I have a tool that enables me to make intelligent financial decisions. In our increasingly sophisticated economic climate, the winners will be the ones who collect, evaluate and apply data. The RSM McGladrey program does just that.” Mike Satzow, Proprietor of North Country Smokehouse

“My clients now have a better understanding of how their businesses are performing throughout the year and are more open to suggestions on how to make their businesses grow. Since making the iLumen Network a part of my client interactions, I have been able to increase billings within my existing client base by 10% - 20%.” Arthur Bradley, Partner, Mueller & Co., LLC

“All TFBC member companies have cash flowing through their businesses and can gain unique financial insight by using the iLumen Network. As more TFBC members participate in the iLumen Network, the better the benchmarking data is and the more we can all learn from each other. Getting started is really easy. iLumen provides excellent customer support and walks you through your first financial upload – which only takes a couple of minutes a month.” Justin Bush, Operations Manager, Trillium Dell Timberworks

“Enterprise Network Worldwide member firms embed a client service mentality into every aspect of their internal and external interactions. The iLumen Network fits in perfectly with this philosophy by fostering a closer connection with their clients’ financial performance throughout the year. Our members will benefit from receiving regular information from their clients, allowing them to provide an even higher level of client service.” Kristen Gentry, Associate Director, ENW

“Our goal is to give our members access to the information and resources they need to be successful. The iLumen Network provides a unique online community of private companies, business advisors and industry analysts that interact to share challenges and opportunities. The iLumen Network will give our members the insight into their business, industry and marketplace they need to make better decisions throughout the year.” Bill Gager, President, APRA

“By embedding iLumen’s service as a standard part of our analytical review process, we will deliver unique insights into the client’s financial trends. Clients will receive further value through online access to financial dashboards and industry benchmarking reports. iLumen will be yet another way we continually add value to our client relationships.” Chad Goodson, Senior Manager, Lattimore Black Morgan & Cain

“Private business owners are so busy generating numbers, they don’t have time to look at and evaluate them. They like it that we can. Advisory issues require more thinking than compliance issues. You have to be more open and interpretive of the information. The opportunity to perform analysis has had a positive impact on our team members.” Tom Filomeno, CEO, Filomeno & Company

“iLumen’s trending analysis gives business owners a dashboard to monitor their financial performance throughout the year and financial benchmarking allows them to compare their performance with industry averages.” Russ Graf, Vice-President of Business Development, BCS ProSoft

"The iLumen Network helps us take the financial information we currently have and make it much more useful. This will keep us more accountable on a monthly basis, and having access to comparative benchmarking trends will give us valuable insight into our industry that we’ve never had before." Dale E. Froehlich, President and CEO, Business Aviation Services

“I see three areas being positively impacted by using a service like iLumen’s. First, being able to view and compare our financial trends every month will help us better identify opportunities to grow our business throughout the year. It will also help us to better communicate our financial position to people unfamiliar with the complexity of our industry, specifically bankers. Lastly, I think this initiative will help quantify the aviation industry and give us more visibility when NATA represents us on legislative and regulatory matters.” Bill Greenwell, General Manager, Frederick Aviation

“The home building industry is experiencing exceptional growth, especially within the custom home market. iLumen’s Financial Industry Benchmarking service will give our members a much easier way to access the ongoing, comparative benchmarking analysis they have been asking for.” Chad DeLong, Executive Director, Timber Frame Business Council

“The iLumen Financial Information Network fits perfectly into our objective of offering proprietary construction-related resources to our members. iLumen will enable an electronic flow of financial information and comparative benchmarking trends from construction clients to their CPAs.” Suzanne Verity, President, ProfitCrew

“The construction and real estate industries are very competitive, and historically, reliable benchmarking for privately-held companies has not been readily available. With iLumen’s benchmarking infrastructure and expertise, we believe we can help our customers gain unique insights into how they can improve their business in very specific and practical ways.” John Geffel, SVP and General Manager, Sage Software Construction and Real Estate Solutions