TWO heavyweight business leaders have joined forces to create a new firm which aims to help North-east companies dramatically improve their performance by better understanding their key data.

Ian Kinnery, a board member of development agency Tees Valley Unlimited and regional chair of the Institute of Directors, has gone into business with Paul Higginbottom – an associate of the Institute for Independent Business who has over 20 years of experience in high level financial and business leadership.

Their new business, Dynamic Financials, will constantly monitor financial and performance-related data at the heart of a company’s operation and use it to create a scoreboard for its clients, giving them an up-to-the-minute assessment of their financial position.

Mr Kinnery said: “Running a successful business is all about scores and is defined by results. We provide a way to track, measure, improve and ultimately predict the final result by monitoring the scores at all times, not just after the final whistle.”