Finsoft LLC Data Analysis Outsourcing

DATA Analysis Outsourcing
Analysis of Electronic Data

Lenders are looking for ways to improve efficiency and accuracy for ineligible calculations without increasing back-office costs or field examination staff sizes. With the increasing use of data downloads some lenders are learning that it is not always easy to manipulate reports with varying headers, page breaks, date formats and a host of small problems. Staff turnover places huge responsibility on the Lender to have sustained support for data downloads. To these concerns, we began processing data for lenders and field examiners. Fast, accurate and affordable outsouceing of data analysis provides timely ineligible reports, expert analysis and time savings. Lenders are learning that it can be more economical and technologically feasible to outsource data analysis to a dedicated group of lenders. Our difference, we're an employee owned software company with a specialty in commercial finance.

Features	Benefits
Expert analysts and programmers	Intelligent problem solving and insight
Consistent interface	Reports become familiar and predictable
Parameters specified by you	Electronically calculate ineligible items over and over
Credits over Eligible Days using 3 methods	Experiment with options in seconds
Concentrations based on % and $ limits	Control credit and concentration risks
Recurring ineligible items are marked	Reduces errors and improves consistency
Enhancements are available immediately	No obsolescence and ability to adapt to new formats
Re-age invoices	Integrity can be tested in minutes and not hours
List concentrations	Data can be tested in minutes and not hours
Calculate confirmation requirements and reports	Reduce time needed to mail and track confirmations
Perform shipping / billing test electronically	Data can be tested in minutes and not hours
Ineligible calculations are automated	Data can be tested in minutes and not hours
Software can be used by back-office or field examiners	We sell the same software that we use
Inventory reports can be footed	Reduces fraud risks
Movement analysis of inventory	Don't lend on the oldest items
Sales and Cash Journals can be tested	Group credit memos, debit memos and adjustments
Field Examination time is reduced	The examiners can focus on testing instead of compiling

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? Are you running a revolving door recruiting operation for your back-office. Want some additional peace of mind? Look to outsource. Improved accuracy, consistency, lower operating costs and reduced fraud are just some of the benefits.

Data Analysis 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.

Data Analysis provides a turn-key and state-of-the-art solution for: in-depth analysis, consistent reports, clear presentations, faster report preparation, better field examination time, computer support and cost control.

Data Analysis is backed with reports, expert programmers, continuous updates, and employee-owner technical support.

With DATA Analysis

Save time by automating the process of analyzing agings

Improve coverage of testing

Save time with electronic templates for repetitive tasks or accounts

Save time performing receivable and inventory ineligible analysis

Improve report accuracy with automation

Analyze data with expert 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 costs

Get control of complex reports

Export to AssetWriter field exam software for greater time savings

Requirements:

Data file from borrowers

Ability to receive files via the internet and email.

Windows operating system

Ample hard drive space to archive data and analysis files

Microsoft Excel

A Web Browser

How Much Time Can You Save Today? TM

To find out more contact:
Joe Caplan, CPA, Managing Director
Don Brookes, Director of Software Engineering
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.