Financial Spreading

Accurate and Fast Data Extraction. Trust Your Analysis and Decisions.

Accurate analysis. Accelerated extraction.

Financial Spreading

Automated Application to Extract Data from Financial Statements

Spreadsmartis a web-based platformthateffectively replaces conventional manual data entry processes with automated data extraction from financial statements to a configurable template. It leverages a combination of patented mapping technology, OCR, custom algorithms for number/text validations and ML/DL模型达到70 + %效率vs手动extraction with a close to 100% final output accuracy. Supports PDF, JPEG, PNG, TIFF, scanned low resolution,andExceldocument types in multiple languages.
Patented technology for faster data extraction

70% faster data extraction of financial statements.

Proprietary algorithms and powerful OCR for high accuracy

Extract data from scanned low-resolution documents.

灵活的和可配置的f the shelf platforms and client’s own models.

灵活的和可配置的f the shelf platforms and client’s own models.

Our Advantage

Delivering Results

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Faster Speed

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Reduced Costs

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Model Accuracy

Patented Technology That Enables Faster Data Extraction

Automates process of data extraction from structured and non-structured financial reports to a customized output template by using mind+machineapproach

  • 70% faster data extractionfrom financial statements; overall reduction in time taken for credit risk assessments, financial modeling and due diligence processes
  • Ability to extract financial datafrom native PDF, scanned PDF, and MS Excel in multiple languages.
  • Reduces time spent on quality assurance of extracted data points by 15% due to seamlessonline and offline auditing.

High Accuracy

  • Powerful OCR technologyhandles scanned and low-resolution documents, resulting in99.6% data accuracy.
  • Proprietary algorithmsadapt to the client’s needs, and further improve the overall data accuracy.
  • Enables setting up of custom rule setsfor treatment of financial line items to increase consistency in the credit process.

Seamless Integration

Built-in API’s to easily communicate with any system for import or export of data i.e seamless integration.

  • Designed to integrate efficientlywith other platforms and customized models, without needing to commit to a massive overhaul.
  • Both on-premise and cloud-based solutiondeployment options are available, regardless of the size of the organization.

Covenant Tracking and Monitoring

Supports covenant category creation, custom covenant formula creation, tracking covenant basis defined frequency, automatically calculates covenant value from spread data.

If a company is breaching any covenant provides an option to generate pre-defined breach letters to the customer automatically.

MIS reporting

Spreadsmart also has a comprehensive reporting module useful for MIS / governance purposes as well as for tracking customer and spread data.

It has a dedicated section for audit reports given the critical nature of data being handled.

Key reports include customer details, user details, taxonomy report, maker checker log, and technical exception report.

Reference Case

Boost Efficiency with Fully Automated Financial Spreading

Banks depend on fast, accurate financial spreading to process credit applications promptly and minimize risk, but existing manual processes can be cumbersome, inaccurate and slow.

Related Resources

Optimize your outcomes.

Financial Services Solutions

Related Industries

Additional Industries.

Investment Banks

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Corporate & Commercial Banks

Asset & Wealth Management

Spreadsmart

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