FlashSpread
Financial Spreading & Credit Workflow Automation
FlashSpread automates the extraction, spreading, and analysis of financial statements and tax returns, transforming complex borrower documents into structured, credit ready spreads in minutes. Designed for commercial lenders, credit unions, and financial institutions, FlashSpread reduces manual data entry, accelerates underwriting workflows, and improves accuracy across the credit lifecycle.
1. Core Functionality
1.1 Document Data Extraction
The Service extracts financial data from uploaded borrower documents, including but not limited to:
- Business tax returns
- Personal tax returns
- Personal financial statements
- Business financial statements
Extraction is performed using optical character recognition (OCR) and automated data processing technologies.
1.2 Financial Spreading & Structuring
Extracted data is transformed into standardized financial spreads, including:
- Balance sheets
- Income statements
- Cash flow data
- Global cash flow outputs
- Calculated ratios and derived metrics
1.3 Output & Reporting
The Service generates structured outputs suitable for credit analysis and documentation, including:
- Exportable financial spreads
- Summary reports
- Supporting analysis outputs
1.4 Workflow Integration
FlashSpread supports integration with loan origination systems, credit platforms, and other third-party systems to facilitate data transfer and workflow continuity. Integration scope and configuration requirements will be defined during implementation.
1.5 Audit & Traceability
The Service maintains traceable links between extracted values and source documents, supporting review, verification, compliance, and audit requirements.
2. Business Benefits
- Accelerates underwriting and credit decision timelines
- Increases analyst productivity and operational efficiency
- Improves portfolio consistency and risk visibility
- Reduces operational costs associated with manual spreading
3. Deployment & Security
FlashSpread is delivered as a secure, cloud-based solution featuring enterprise-grade security controls, role-based access permissions, and compliance-aligned data handling practices.
4. Delivery Model
FlashSpread is provided as a hosted, cloud-based software-as-a-service (SaaS) solution accessible via secure web access.
5. Client Responsibilities
The Client is responsible for:
- Providing readable and complete source documents
- Reviewing and validating outputs prior to credit decisioning
- Maintaining compliance with internal policies and regulatory requirements
FlashSpread assists in data extraction and financial spreading but does not replace credit judgment, underwriting decision-making, or regulatory compliance responsibilities.
