The iLumen Financial Information Network hopes to enlighten those who work in the private sector.Created by iLumen Inc., a seven-year-old Atlanta-based financial information technology company, the network connects private companies, their peers and advisors in a secure online environment to information, resources and people, according to Robert H. Woosley, iLumen's chief executive.
"I was a partner in a CPA firm for 20-plus years, and like a lot of CPAs out there, my bread and butter was private businesses," Woosley said of his Atlanta-based Frazier & Deeter practice. "I was doing audit and tax work, but yet I felt really disconnected because their companies were in motion during the course of the year. I didn't know what was happening with them and I couldn't really figure out where they fit in their industries. I just felt I didn't have a basis for an informed conversation with them. So, I theorized one way to start connecting better was to receive their financial information. Not just once a year, but as often as they could send it."
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