FlashSpread cloud: The future of financial analysis
It’s time to take away the friction created by manual spreading of tax returns, by using technology and automation.
Secondary Default Finastra Form
Spreading tax returns is an essential task in commercial lending. As part of the process of standardizing information from financial statements into a consistent layout and format, it ultimately enables lenders to understand the story of a business through its numbers.
However, it can be extremely timeconsuming and expensive. Lenders often manually transfer data from a company’s financial records into their systems for analysis, a process that can take hours for a single borrower, not to mention the related entities.