SL3: Streamline tax return distribution for commercial lending with FlashSpread

Distributing tax returns is vital in commercial lending. It entails standardizing financial statements to help lenders understand a business's story through its numbers.

However, this process can be time-consuming and expensive as lenders often manually transfer data from financial records into their systems, especially when dealing with multiple borrowers and related entities.

FlashSpread integrates with Finastra’s LaserPro to provide an automated solution for tax return spreading by combining optical character recognition (OCR), artificial intelligence (AI), and proprietary algorithms. Users can now effortlessly upload client files, which are swiftly scanned and converted into fully digital assets within 30-90 seconds.

Find out how to save time and reduce costs, to make faster loan decisions and to gain significant visibility and control. Download the whitepaper now.

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