Credit analysis and default risk calculations are leveraging the speed and accuracy of automated spreading. Commercial lending is experiencing many fintech disruptions that, in most cases, are quite welcomed by…
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Spreading tax returns is a necessary but painstaking process for commercial lenders. For decades, underwriters spread returns manually by transferring a company’s financial records from paper documents to spreadsheets. And…
Given the prevalence of cloud and digital solutions, it might seem remarkable that manual processes still exist in any industry, let alone in commercial banking. The truth is, however, that…
As 2022 gains momentum, it’s a good time to assess the trends that will dominate and transform the commercial banking space in 2022. It will come as no surprise that…
Commercial lenders are increasingly squeezed by market expectations of fast lending decisions. This customer expectation crunch causes many commercial lenders to rush through their underwriting process, which results in more…
Commercial lending focuses on assessing the creditworthiness of businesses to determine if issuing a loan is in the best interest of the bank. Many commercial lenders continue to use manual,…
Perhaps you’ve been hearing more buzz lately about the future of financial statement spreading for commercial lenders. Despite financial statement spreading being a common practice for most lenders, few are…
