Complete Financial Management System

FISCAL  Credit Suite is a commercial lending analysis and tracking system built to  fit your institution’s needs.  It is comprised of two dynamic products and  an accompanying utility.  The two main products also easily function as  stand-alone products – use one or the other! The use of these solutions  will create uniformity and comprehension within an institution and result in  enhanced productivity of the lending team. 
 
FISCAL is a  complete financial analysis system designed to provide clear and accurate information  on business and personal financials and proposed loans in a matter of minutes. ExceptionComplete is an exception,  covenant and special insurance tracking and tickler system.  The third  part of the system, Cascader, is a behind-the-scenes utility that facilitates  the transfer of data between FISCAL programs and host/core processors. 

FISCAL allows for business and personal financial information to  be entered into 10 delivered secure templates that can be customized to meet  any user’s needs.  It then analyzes the data, compares it to RMA/IRS  industry benchmarks, and provides output and guidance in the form of various  reports. 

Ratio Analysis, Loan Presentation, and a Global Cash flow are  just a few of the many reports available, all of which can be exported into  Excel, Word, or other formats if needed. Results can also be displayed as graphs  and charts. 

Five-year, five-month or sixty-month projections are calculated  based on a linear regression model. Whether you use five years, two years,  or a single year’s historical data, FISCAL will interpret the data,  incorporating “what-if-scenarios” and integrating a single or multiple loans.  The results appear in an easy-to-read and  understandable report format.  

FISCAL can also interface directly with your credit bureau to  obtain credit reports for both businesses and guarantors.  To complete the  analysis process, FISCAL provides the ability to compare actual data with the institution’s  specific policy (underwriting, scorecard, risk ratings) to determine if a  potential loan passes or fails requirements established by your institution –  and in what ways it passes or fails.

Challenges  many lending institutions face:
  • Lack of a standard process within a lending department
  • Valuable time wasted on data entry and manual calculations
  • Lack of output to display analysis results 
  • Inability to meet auditor requirements
  • Lack of security measures to protect personal financial information
  • Time management issues prohibit the development of solid customer  relationships
  • Difficulties in predicting the financial future of a business
  • Uniformity issues related to documentation and general process
  • Need to track covenants, exceptions and special insurance items
  • Ability to set up a tickler system to ensure timely and accurate  timelines and due dates 
  • Letter generation system to ensure consistency and accuracy of items  needed