Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
For many years, the Asset Based Lending (ABL) sector has voiced several concerns. Clients have been seeking a method to archive the AssetReader data, which would allow them to analyze simple trends, compare Borrowing Bases, and monitor concentration balances over time while enabling more precise confirmations through an optional module. The programmers expressed a desire to implement artificial intelligence (AI) to work with the data, while both developers and owners were eager to create innovative solutions that leverage this technology. With an impressive 33 years of combined experience in ABL, encompassing audit, operations, fraud investigations, and esteemed ABL training programs, the FinSoft team has developed a much-needed AI tool that the ABL industry has long awaited—providing easily accessible alerts regarding exceptions, anomalies, and unusual items. This innovative approach aims to enhance decision-making processes and ultimately improve overall efficiency within the sector.
Description
Leading the industry, AssetReader streamlines the setup and maintenance of ineligible calculations for accounts receivable and inventory with remarkable ease. It also facilitates the assessment of less favorable collateral for the Borrowing Base Certificate (BBC) and compiles sales, cash, and GL activities for field examinations (audits) and beyond. Specifically designed for Asset Based Lending (ABL), AssetReader serves as a robust tool for electronic file analysis and calculations. Whether generating a concise one-page overview or an extensive 10,000-page report, AssetReader adeptly imports data from various popular formats and swiftly computes ineligible collateral, statistics, summaries, and other ABL-related information without requiring any programming skills from the user. Its intuitive wizard-based interface leverages machine learning capabilities, enabling users in the ABL sector to access nearly any file format—including fixed length, parsed, Excel, and PDF—within approximately five minutes, significantly reducing the time previously needed for these tasks. This efficiency not only enhances productivity but also empowers users to focus on critical decision-making processes rather than getting bogged down in data handling.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
FinSoft
Website
www.finsoft.net
Vendor Details
Company Name
FinSoft
Founded
1996
Country
United States
Website
www.finsoft.net
Product Features
Fraud Detection
Access Security Management
No
Check Fraud Monitoring
No
Custom Fraud Parameters
Yes
For Banking
No
For Crypto
No
For Insurance Industry
No
For eCommerce
No
Internal Fraud Monitoring
No
Investigator Notes
Yes
Pattern Recognition
No
Transaction Approval
No
Product Features
Data Extraction
Disparate Data Collection
No
Document Extraction
Yes
Email Address Extraction
No
IP Address Extraction
No
Image Extraction
No
Phone Number Extraction
No
Pricing Extraction
No
Web Data Extraction
No