Financial information provider Sageworks Inc. has released its ProfitCents/Sageworks Industry Data & Analysis app for phones with an Android operating system, giving Sageworks subscribers access to financial ratios and industry averages, along with industry-specific key performance indicators and recommendations.

The release follows the launch of the Sageworks iPhone app in November and allows Sageworks to serve a majority of smartphone users.

The app is available for free through both the Android Market and the iTunes App Store to customers of Sageworks/ProfitCents with active accounts. The app is now compatible with all Android phones (2.1 and up), the iPhone and the iPod touch, and requires a paid subscription to ProfitCents/Sageworks software.

The app provides real-time benchmarking data and trend analysis of more than 1,300 North American Industry Classification System industry codes, plus custom breakdowns. The data is populated by thousands of accounting firms across North America, updated daily, and can be segmented by company size, year and geographic locations.

“Sageworks has always been about making complex financial data accessible and understandable,” said Sageworks chief executive Brian Hamilton. “The addition of this app to our existing suite of financial analysis software means business owners and financial professionals have even more options for making important decisions quickly for their companies and clients.”

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