Spreadsmart: an automated application to extract data from financial statements
Patented technology for faster data extraction
70% faster data extraction of financial statements.
Proprietary algorithms and powerful OCR for high accuracy
Extract data from scanned low-resolution documents.
API-enabled easy integration
Flexible and configurable to off the shelf platforms and client’s own models.
Patented technology that enables faster data extraction
- 70% faster data extraction from financial statements; overall reduction in time taken for credit risk assessments, financial modeling and due diligence processes
- Ability to extract financial data from native PDF, scanned PDF, MS Excel in multiple languages.
- Reduces time spent on quality assurance of extracted data points by 15% due to seamless online and offline auditing.
- Powerful OCR technology handles scanned and low-resolution documents, resulting in 99.6% data accuracy.
- Proprietary algorithms adapts to the client’s needs, and further improves the overall data accuracy.
- Enables setting up of custom rule sets for treatment of financial line items to increase consistency in the credit process.
- Designed to integrate efficiently with other platforms and customized models, without needing to commit to a massive overhaul.
- Both on-premise and cloud-based solution deployment options available, regardless of the size of the organizations.
Talk to one of our experts
Get in touch today to ﬁnd out about how Evalueserve Spreadsmart can help you improve your processes, making you better, faster and more efﬁcient.