AssetReader Features Page

AssetReader
Data Mining & Aging Analysis Software
Not Just Parsing, a Better Idea for ABL

Do you key in data all of the time, too much of the time? We're the folks that wrote the ineligible definition "guidebook" with ABL-Help, the leading software tool in the ABL industry. This leadership in the area of ineligible calculations is used at all of the major asset based lending institutions. Our efforts to automate ineligible calculations and speed the gathering of stats comes from over 23 years in the ABL profession in the areas of field examinations and back-office management.

AssetReader is the best way to analyze agings and ineligible accounts and transactions in record time. In fact, AssetReader is a better idea than any software solution on the market because it actually has real ABL analysis built-in. We have seen the difficulty in using other general accounting products that simply parse data or analyze accounting data with no ABL specific settings.

A simple to use interface with the power to get the job done well for the ABL community allows AssetReader users to log-onto almost any format (fixed length, parsed or Excel and PDF too) in about five minutes and not hours. Even after hours of programming hassles, other products can't match AssetReader's ineligibles, contras, or analysis of stats because we spent thousands of hours on point and click setups for you. Come and take a look around and contact us for a demo of the best solution in the ABL industry.

AssetReader Aging Analysis Software

General Demo (UPDATED)

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Bank examiner's, CPA's, consultants and due diligence professionals now have a common tool to analyze agings and company data. AssetReader™ features include:

Release2009 is out and users can now download AR, AP, Sales, Cash, G/L journals and inventory data with specific ABL reports and analysis. Ineligible AR now includes the ability to specify different cross-aging percents concentration limits for different customers. Speed has been improved in several key areas. AssetReader has the ability to perform look-through analysis, append reports onto each other to build one large aging from multiple divisions or to build an annual sales journal from monthly reports. As always, the data is summarized in an expert manner for ABL specific ineligibles or stats analysis.

Features	Benefits
Setup uses a wizard interface	Spend minutes not hours parsing data
Imports TXT, RTF, DOC, XLS, PDF, HTML	Imports the formats that others can't = More imports
Trap Aging Customer Name rows	Traps rows above the data
Traps multiple rows	Can trap Customer Name rows and Credit Term rows, Etc.
By Far the Easiest to use Data product in the world	Everything else is quite complex by comparison
Consistent interface	Learn fast, finish faster, fully utilize staff
Eliminate programming	All ineligibles and setups are there. Click to set.
Expert ABL analysis is already programmed-in	Real ABL Ineligible reports - not available anywhere else
Eliminate old tools such as Monarch, Idea, ACL, Etc.	One tool that gets it done easier and faster
Imports from Monarch, Data Import, ACL, Idea, Etc.	Enhance the tools you may own already
Ineligible calculations are automated	Data can be tested in minutes and not hours
Smart ineligible ideas and procedures	ABL Specific code from the authors of ABL-Help
Cross Age at any percent	Electronically recalculates in seconds
Credits over Eligible Days using 3 methods	Experiment with options in seconds
Credits Under Eligible Days option	Allows users to add-back credits within the eligible limit
Automatic reversal of aged credits	Reverses double counting of credits
Sortable columns in predefined reports	Sort as needed with column clicks (exports retain sorts)
Concentrations based on % and $ limits	Control credit and concentration risks
Trap wildcards for code traps	*Trap invoice sequences such as 99 or DM*
Contra analysis is net of invoice ineligibles such as DM's	Multiple ineligible categories for any one customer
Contra Groups - Alias ABC Company to XYZ Inc.	Alias different names to a common contra name
Contras (Smartest in the world, not just first characters)	Get more matches on similar accounts
Tag ineligible invoice codes	Trap codes such as FC, DM, Etc. without programming
Tag ineligibles visually with drag-over highlighting	User tagged items are now part of a reusable template
Stand-alone system includes our support	Fast performance with expert support
Perform aging analysis electronically	Data can be tested in minutes and not hours
Group concentrations electronically	Alias Wal-Mart and Sam's into one account easily
Find duplicate invoices and sequence anomalies	Prevents fraud and allows exceptions to be tested
Re-age entire reports to test for 100% accuracy	Test 100% for proper aging and report column totals
Perform shipping / billing test electronically	Data can be tested in minutes and not hours
Import Inventory Reports	YES, We do inventory too
Import Usage or Cost of Sales Reports	Automates turnover calculations with inventory
Aged inventory	Calculates age and excess value on hand
Cross ages Inventory	High excess quantity can make the item ineligible
Joins Inventory on Hand with Cost of Sales Reports	The only automatic joins available - No programming
Drag and drop inventory grouping	Automatic subtotals regardless of how you group
Handles multiple divisions	Accurate and quick analysis of combinations
Small Template size	Portable files fit on a floppy (also easy to e-mail)
FinSoft adds features on a regular basis	Won't become obsolete from technological changes
Reads any date format	Other programs can't read many formats
Reads unusual date formats including no delimiters	Other programs can't read many formats
Can instantly freeze an aging column to prevent reaging	Unaged credits and charge-backs can be isolated
Handles Retainage agings	Splits retainage and aged invoice amount on same row
Allows future items to be aged	Aging buckets can be setup with future days
Summarizes sales, cash and G/L's by month	Automatically splits out months
Summarizes sales, cash and G/L's by transaction code	Produces cross-tab reports of transaction codes
Reads negative signs left, right, () and CR	Other programs can't read some formats
Exports to Distinctive Solutions Factor SQL	Even tests for your credit limits on the upload
Export to AssetWriter	Save field exam time (Ineligibles, concentrations, more)
MORE COMING!	ALWAYS FAR AHEAD OF ANY OTHER PRODUCT!

Are your agings and other reports accurate and are you spending too much time on aging or other report analysis? Worried about fraud? Worried about staff support overload? Want some additional peace of mind? Want our support and the ability to use the best tool on the market with that support?

AssetReader™ saves time while improving accuracy by removing the manual analysis and formatting headaches that spreadsheets or general use import tools require for aging and other report analysis. AssetReader™ provides a turn-key and state-of-the-art solution for: in-depth analysis, consistent reports, clear presentations, faster report preparation, better outsourcing, computer support and cost control. AssetReader™ is backed with training, quarterly updates, and employee-owner technical support.

Pricing Structure & Features

Due to recent updates, demand for our services and requests from varying types of users, we have implemented a different pricing structure based on software use and functional area. In addition, the structure noted below has been influenced by time savings for examiners (less billable hours for outsource firms), and back-office cost savings (less staffing for institutions), and technical support and program power available to data processing professionals. Please contact us for pricing details for your needs:

Examiners - Field Examiners that work for an institution or who are outside field examination consultants. Pricing is reduced for the purchase and annual maintenance when AssetWriter and AssetReader are used together.

Operations - Back-Office operations at a lending institution. This includes loan processing departments and related in-house processing of customer (borrower) records with AssetReader.

Data Processing - Companies that are not lenders or factors that support data processing analysis of lenders ABL reports on a contract basis are able to use Asset Reader under special license terms. Since FinSoft supports the software and the special handling of exceptions, custom programming and technical support questions, this service is priced per seat and per Borrower relationship. The fee structure includes the per seat purchase, annual maintenance and a per Borrower report fees.

Functional Area	Basic Features	# Imports	Report Setups	Operations Reports *	Accepts Add-On Modules *
Examiners	Yes	Limited **	Fee Based	No	No
Operations	Yes	Unlimited	Fee Based	Yes	Yes
Data Processing	Yes	10 Borrowers ***	As Needed	Yes	Yes

* Unlimited number of customers per directory, concentration and Borrowing Base Summary Reports. Supports additional export types.
** Directory cannot have more than 20 databases. Examiners typically work in a subdirectory under the Borrower name
*** Licensed per 10 loans processed

With AssetReaderTM

Save time by automating the process of analyzing agings, sales journals, cash journals, inventory reports and more

Reduce fraud risks with report accuracy confirmation (do you reports even foot?)

Reduce back-office costs by allowing processors to handle far more reports in less time.

Reduce fraud risks with expert analysis of unusual data, skipped invoice patterns and other expert-level tricks with automated reports

Improve coverage of testing by getting more done in far less time

Save time with automatic templates for repetitive tasks, account groupings, ineligible customers and reports setups

Save time performing ineligible analysis with the only complete ineligible system available

Save time by consolidating multiple data from multiple divisions

Verify report accuracy with automation

Save time getting credit memos and transactions from journals

Analyze data with expert ABL specific reports and the benefit of more time

Support and training comes from software and ABL experts

Time efficiencies lead to greater productivity

Reduce staff work time, frustration and turnover

Get control of complex reports

Export to AssetWriter field exam software for greater time savings

Requirements:

	A Pentium Class PC
	1 GB of Ram
	Windows 2000 / XP / Vista 32 Bit
	200 Megs of Hard Drive Space for install and as much space as needed for Borrower data files and database storage
	Mouse or Similar Pointing Device

How Much Time Can You Save Today? TM

To find out more contact:
Joe Caplan, CPA, Managing Director
phone (410) 747-7994 E-Mail:

Windows is a registered trademark of Microsoft Corporation. The FinSoft logo, AssetWriter, AssetReader and How Much Time Can You Save Today are trademarks of FinSoft, LLC.