iLumen, Dunn & Bradstreet Announce Launch of "D&B Link" Electronic Financial Reporting on iLumenís Trusted Partner Network
ATLANTA--iLumen announced today a strategic partnership to launch a new online feature on iLumenís Trusted Partner Network called "D&B Link powered by iLumen." D&B Link will allow large numbers of small and mid-market businesses to electronically update their D&B credit profile with their financial information using a simple, secure "one-click" electronic process.
"Companies understand that by updating their D&B credit file with financial data, their customers, partners, lenders and suppliers can make more confident decisions about doing business with them. The opportunity is to automate this process," said Michael Canzian, President and CEO of iLumen. "The iLumen Financial Network and the new Trusted Partner Network provides the perfect platform to scale data collection programs because it is a trusted and secure environment currently used by financial advisors and partners to serve business clients. Companies connected to the Trusted Partner Network by their advisors can safely and securely update their D&B Profile in their normal course of electronic financial communications with their CPAs, lenders and other key constituencies."
"The Trusted Partner Network is a secure financial information exchange that manages the financial interaction between large numbers of private companies and their key advisors and partners," said Loren Eckart, EVP and Co-founder, iLumen. "D&B Link is a feature that will enable a company to simply permission their information to D&B and have that data reported electronically in the precise format that is required. D&B Link is a natural addition to iLumenís Trusted Partner Network where companies regularly permission their key advisors, lenders and other trusted partners to access trending financial information and analysis in a controlled environment.
Businesses have a need to selectively share financial data with their accountant, banker, credit bureaus, and other financial partners. The new Trusted Partner Network automates and simplifies this process within a highly secure environment where the company is always in control of its information. The Trusted Partner Network, including the D&B Link, will be made available to iLumenís enterprise customer base of accounting firms, financial institutions, industry associations, franchise organizations, and leading accounting software product providers.
iLumen is a leading innovator of decision analytics and business intelligence software solutions, addressing the needs of financial institutions, CPA firms, and those that advise and serve businesses and corporations. As part of its value proposition, iLumenís 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.
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Loren Eckart, iLumen, 404-446-1600, firstname.lastname@example.org