AssetReader is the leading Asset Based
Lending ineligible calculation product used by both Operations and
Field Examination departments. Download Borrower reports, analyze
them electronically and reduce both time and fraud through ABL specific
automation. Far more than an AR Wizard, our expert-level insights are specific to ABL needs
with a focus on Borrowing Base Certificate (BBC) ineligibles and
ABL Field Examination data gathering.
Fast, accurate and
repeatable imports and analysis for Agings (AR and AP), Inventory
and Field Examiner needs such as Sales, Cash, G/L Journals, STATS, inventory reports, inventory turnover and excess quantity calculations
with ease.
Imports Text, Delimited, PDF, RTF, DOC, HTML
and Excel formats and get both analysis and reports that are ABL
specific in just minutes and not hours.
AssetWriter field examination workpaper
and report writeup program for Asset Based Lending can consolidate
an unlimited number of divisions (in any currency), automate multiple
user imports, Borrowing Base calculations, detailed charts plus
consolidate all divisions to a built-in report writer. Our value
added analysis in the writeup puts expert level reports and summaries
in the hands of all user levels while bringing core issues to the
surface through summary tables and graphs.
Integration with
AssetReader data analysis makes this the most complete package in
the world. With over 120 workpapers plus over 150 expert writeup
summary grids and 19 graphs in every area, the time savings and
analysis are unmatched. Owner designed templates allow setups to
be your way and older exams can be updated when templates change
(without rekeying).
Used by the majority of the outsource
firms that service the ABL industry to provide widespread examination
resources while reducing travel expenses.
AssetArchive allows AssetReader imports
to be accumulated and compared over time. The analytics can highlight
a wide range of possible issues for an ABL loan, such as trends,
Borrowing Base Certificate (BBC) trends, new account debtors, unusual
invoice balances and amounts plus other hot-spots to investigate.
Trends
for the top customers are only the beginning. Time series analysis
provides insights and highlights risky debtors invoices, balances
and questionable changes in both invoice amounts and balances.
◾ Archives AssetReader data over time ◾ Trend agings ◾ Trends
in Borrowing Bases ◾ Trends in the ineligible collateral ◾ Highlight
new or unusual debtors ◾ Highlight unusual invoices ◾ Large and
growing balances ◾ Reduce fraud and willful misconduct through data
intelligence ◾ Optional module for confirmations uses business intelligence
from AssetArchive data for best-in-class confirmations by e-mail,
fax, phone and postal mail. Confirmation module also includes tracking,
customer list maintenance, reports and archiving.
AssetReader for Audit and Operations is the #1 ABL software product for importsing reports and performing analytics. 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. Exports data to...
AssetWriter database driven Field Exam report software. Full-featured ABL Audit Report with graphs, writeup, re-exams and imports from multiple examiners.
AssetArchive historical analytics from
AssetReader data that reduces fraud risks. ABL Operations intelligence
through Analytics across time. Optional Confirmation Module available.
AssetImport or AssetReader-Web uses the import technology
from AssetReader to take reports and convert them for easy push
(upload) into your back-office Asset Based Lending software system.
AssetImport API allows ABL operations
software vendors to use AssetReader and AssetImport models to pull
imports directly into existing back-office systems. This solution
allows Borrower information to be setup with AssetReader or AssetImport
and then those models can be used to process Borrower reports in
a hands free integrated work flow.
AssetReader-Webb allows Lenders and Borrowrs to use the import technology from AssetReader in a web-portal. Borrowers can save substantial time when preparing their Borrowing Base on-line even if the Lender does not use AssetReader. Where the Lender and Borrower use AssetReader, sharing the same calculations by and between the Borrower and the Lender reduces time for great efficiency with the same trusted calculations. The same template setup is used and shared from the desktop software for ongoing accuracy and trust.