ATLANTA, Oct. 26, 2006 (PRIMEZONE) -- Lattimore, Black, Morgan & Cain (LBMC), one of the Southeast's largest business consulting and accounting firms, and iLumen, Inc. jointly announced today that LBMC will implement iLumen's client financial monitoring and benchmarking service. LBMC, a Leading Edge Alliance firm, will use iLumen's service to connect with their business clients and stay current with their financial performance during the year.
"LBMC is a firm focused on delivering outstanding service to our business clients," said Chad Goodson, Senior Manager. "In particular, iLumen's technology will enhance our Audit & Assurance practice by enabling us to efficiently collect and analyze interim financial information from our business clients. Industry benchmarking will give us a better understanding of how our clients are performing versus their industry peers."
"LBMC has a history of embracing technologies that add value to client interactions," said Robert H. Woosley, Co-founder and Chief Executive Officer of iLumen. "By implementing iLumen's client financial monitoring and benchmarking service, LBMC's CPAs will be able to quickly identify problems and opportunities with clients, putting everyone on the same financial page."
"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," said Goodson. "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."
About Lattimore, Black, Morgan & Cain, PC
Lattimore Black Morgan & Cain, PC has more than 285 employees, with offices in Nashville (Brentwood) and Knoxville, Tenn. In addition to traditional accounting, tax and business consulting, the firm also has affiliate companies that serve businesses and individuals in the areas of investment advisory services, risk services, human resources, professional staffing, technology solutions, health care consulting, litigation support, business valuations, and mergers and acquisitions. For more information on LBMC, visit its Web site at www.lbmc.com.
About iLumen
iLumen, Inc. is a financial information technology company that delivers and manages private-company data gathering and analysis solutions designed to solve critical problems in risk management, financial compliance and financial oversight within the banking, accounting and corporate environments. iLumen's services are based on a proprietary (patent pending) data warehousing engine known as iMonitor(r) that automates and standardizes the gathering, mapping, analysis and benchmarking of electronic accounting data from private companies.
For more information visit www.ilumen.com or call 404-446-1600. iLumen(tm) and iMonitor(r) are trademarks of iLumen, Inc., all rights reserved.