AssetReader Versions


Imports For Your Needs

 

Specific Needs and Specific Versions of AssetReader


We've got three versions of the AssetReader Product for your needs:

  • AssetReader (Parse, Calculate Ineligbles, Use for Back Office or Field Exams and upload into systems or key Ineligible Data into Operations Systems) - All features, ineligibles and settings.  Perfect for Field Exam data gathering and Back Office Ineligibles.  Clearly the #1 and best import tool available for ABL and our users know it!
  • AssetImport (Parse, Then Upload Data to Operations System) - For uploading data into your existing operating system from AssetImport.  Optional features can be enabled to allow different aspects of ineligible calculations to be based on many years refinement and abilities.
  • AssetReader-Web and API (Borrower Data is Parsed by the server as Uploads Come in from the Borrower or Lender) - This is a web-based portal and the AssetReader product for the Cloud.  Offering a high-level of automation into Loan Operations systems.  This solution is used by the Borrowers, Lenders or Both where Borrower files are sent through the portal for automated processing.  Lenders can lock-down any options and Borrowers can perform updates for details such as Affiliates, Government, International, Contra Compare, grouping of concentrations, etc.  The system trusted by top lenders is now available to the Borrowers.  Integrity and trust are high and this reduces back-office costs because everyone is on the same system of calculations. 
Description of Features AssetReader AssetImport AssetReader-Web & API

INTENDED USER:

For Field Exam / Audit

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For Operations

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Audit Setup Used by Operations / Operations Setup Used by Audit

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Allows Enabled Operations Systems to Receive Data

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User Uploads Into Existing Operations System

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API Interface for Server Calls to Run Models From AssetReader or AssetImport

 

 

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IMPORT:

Direct Import From AssetReader and AssetImport Models

 

 

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Use to Assist Audit Data Gathering

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Predefined Setups for AR Agings, AP Agings

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Predefined Setups for Inventory and Inventory Sales/Usage

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Predefined Setups for Sales, Cash, GL

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Predefined Setups for Customer Addresses and Vendor Addresses

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Imports Text, PDF, Excel, Word, RTF, HTML

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Aging Imports: Invoice Agings, Summary Agings and Unaged Invoice Lists

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Import / Trap Using Different Levels in the Report

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Eliminate Headers, Footers, Subtotals, Other Unwanted Rows

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Eliminate Totals

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Convert Dates to One Common Format

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Import Multiple Reports at the Same Time (e.g., 15 agings)

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Import From Different Accounting Systems to a Consolidated / Unified / Combined Report

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Use to Assist Operations Ineligibles and Analysis

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Convert Currencies for Entire report or elements in the report

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COLLATERAL & INELIGIBLES:

Re-Age the Agings with Age Buckets, Days, Options

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Re-Age the Agings and allow overrides for specific accounts (e.g. 120 days for Walmart)

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Re-Foot Inventory Reports and Extended Values

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Rename / Group Accounts (e.g., All Walmart stores)

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Find and Rename / Group Accounts (e.g., All Walmart stores)

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Group Accounts With Different Names (e.g., Walmart & Sam's Club stores)

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Calculate and Retain Contras

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Calculate and Retain Cross-Aging / Taint Rule (rules per debtor)

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Calculate Aged Credits

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Calculate and Retain Affiliates

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Calculate and Retain International Accounts

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Calculate and Retain Transaction Code Ineligibles

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Calculate and Retain Concentrations (rules per debtor)

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Calculate Ineligible Inventory Collateral (by description, part number and coding)

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Calculate Slow Moving and Non-Moving Inventory

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User Defined Ineligibles for AR and Inventory

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REPORTS:

Raw Data Cleaned Up After Import

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Summary Aging of Reaged Invoices (AR and AP)

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Detailed Aging of Reaged Invoices (AR and AP)

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Ineligible Summary by Category (for AR and Inventory)

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Ineligible Detail by Category (for AR and Inventory)

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Ineligible Detail by Customer

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Risk Alerts on Specific Customers, Invoices and Balances

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Calculated vs. Borrower AR Ineligible Variances

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Top 5, 10, 15, Etc. for AR and AP

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Show Recalculated Inventory Value vs. Borrower Value

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Automatically Joined Inventory and Usage Reports

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Calculated Inventory Turnover and Slow Movement using any of 5 methods

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Calculated Inventory Age

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Calculated Inventory in Excess of Some Time Limit

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Sales, Cash and GL to Debit and Credit Columns

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AR, AP and Inventory Stats by Transaction Code

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Customer Addresses and Vendor Addresses

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EXPORT:

Export Cleaned-up Data to Excel or PDF

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Export Cleaned-up Data to Enabled Operations Systems

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Export Workbooks with all Workpapers

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Export Data to AssetWriter Field Exam Software

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Export Data to AssetArchive Data Trends and Analytics Software

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Export Data to AssetArchive for Confirmation Module

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TECHNICAL:

Processes using 32 bit Windows Operating System

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Processes using 64 bit Windows Operating System

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Plays well in Citrix, VMs or Remote Desktops

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Processes using 64 bit Windows Server

 

 

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Data Stored on Local Computers / LAN / WAN / Cloud and not on FinSoft Servers Checkmark Checkmark Checkmark
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Hosting by FinSoft for Web Interface     Checkmark
Hybrid Hosting where Web Interface is at Lender and API is from FinSoft     Checkmark
No dependencies / No Requirement for MS Office

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Please Also See:  The AssetReader Challenge

 

If you have not seen a demo, then please let us WOW you with what we have automated.

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