Asset Based Lending Integrations

AssetReader / AssetReader-Web

For Audit and Operations, save time and reduce fraud with
  the #1 ABL Specific Borrowing Base Certificate Support and Data Analysis Software Product (Since 1998)

Read-in Agings, Inventory, Sales, Cash, GLs, Customer name lists, Etc.  Age by invoice date or due date with sophisticated options to deal with aging credits, retainages, finance charges and ineligible columns.  Groups concentrations (e.g., All Wal-Mart Stores and Sams Club).  Identify amount that exceed the allowed eligible days (e.g., Over 90) with four methods.  Tag customers as affiliates, International, Etc.  Find credit memos and finance charge ineligibles, Refoot all reports for mathematical accuracy.  Study inventory movement (turnover) with a variety of methods. Get AR, Inventory and AP Stats in minutes, not hours, Add user defined ineligibles.  Complex patterns, different trap row patterns and row offsets are supported with custom math functions available as needed.  All report settings are saved as you work. Enhances any ABL monitoring system with more subtle tweaks and well developed Borrowing Base Certificate options than any system on the planet.  AssetReader-Web portal allows direct borrower uploads and report sharing, attestation, and interactive Account Officer feedback with the same file setup used in the desktop product.  Lenders can optionally allow the Borrowers to do the ineligible maintenance for even greater time savings.

Share with AssetWriter and AssetArchive.

AssetWriter

Database Driven Field Exam Report Software

Full-featured ABL Audit Report Software with graphs, writeup, re-exams and imports from multiple examiners. Accepts AR Availability, Concentrations of AR and AP and other data directly from AssetReader.  Results are mathematically accurate, even for consolidations.  Insightful data grids and over 130 reports are available.  Also used by most of the ABL Outsource firms in North America for a broad user-base of examiners to choose from.  Now with an optional AI enabled writeup technology that reduces writeup time by about 90%.

AssetArchive

Historical Fraud Analytics from AssetReader Data

Operations business intelligence through Analytics across time. Trends of AR, AP and AR collateral availability, but with the ability to spot new debtors, significant changes in debtor balances, invoices and even step-down to mitigate fraud risks with each new report received. An optional confirmation module helps to verify and track anomalies from AssetArchive identified exceptions and other recurring monitoring parameters. Historical data provides the data needed to find the dirty needle in the haystack of data in between Field Exams.