fisCAL, financial analysis
software, is now available in two popular versions to better
meet the needs of every user. If your financial analysis needs
include Income Statement and Balance Sheet analysis, Trends
and Ratio Analysis, and RMA Industry Comparisons, and Credit
Underwriting, then fisCAL Analyzer is for you.
fisCAL Online is a complete financial analysis software
system designed to enhance the productivity of the commercial
lending officer. Up to 60% of commercial loan applications
fall into the "gray area," requiring analysis
not available in the one-size-fits-all credit scoring systems.
With fisCAL, your customers will enjoy faster loan approvals,
fewer declines, and informed counseling to better manage
their fiscal activities. fisCAL Online includes the following
three components:
Loan Advisory
In minutes, you can make a quick Go/No Go decision based
on the institutions lending policy. Enter summary financials
on the business, principals, guarantors, and collateral.
Access commercial and consumer credit bureau reports from
Experian, Equifax, and TransUnion. Generate a comprehensive
Advisory Report that highlights the strengths and weaknesses
of the business. For your Small Business Loans, a complete
personal financial analysis is also available. fisCAL Online
is the only system to include a statically based industry
analyzer which provides early warning of negative trends
in a specific industry.
Spreadsheet Analysis
fisCAL's Financial Analyzer contains Income Statement and
Balance Sheet templates for Contractor, Non-contractor,
and Condensed statements. In addition, fisCAL includes the
following Tax Return templates to simplify data entry: IRS
1120, 1120A, 1120S and 1065. fisCAL's default templates
can be easily modified by editing row titles, adding detail
accounts, and hiding unnecessary accounts. These changes
can be saved and re-used for future spreads.
With just a click of a button, fisCAL will analyze the
financials and generate a 5-year projection based on the
historic performance of the business. This projection can
then be modified to reflex proposed changes in the business
plan. Changes can be made globally, line-by-line, or even
cell-by-cell. Monthly projections can also be generated
and adjusted for seasonal businesses. A complete set of
reports and graphs are available on the projected data.
fisCAL generates a comprehensive set of financial reports
that include RMA / IRS Industry comparisons , trend analysis
and, year-to-year percent change. An instructive narrative
report enables the analyst to quickly get to the "bottom
line" of the financials. A complete list of informative
reports is below.
Credit Underwriting
Working through the "5 C's" of credit (Capacity,
Capital, Conditions, Collateral, Character) fisCAL's Credit
Underwriting module summarizes the entire loan package.
The Credit Underwriting module includes detailed worksheets
and narratives for the Z-Score and Forward Indicators. External
Indicators are more subjective with questions relating to
management experience, management depth and the business'
ability to survive an economic downturn. fisCAL generates
a computed score and allows the analyst to score each section.
The analyst can include notes to justify any over-rides.
The Credit Underwriting module includes a complete set of
reports for each section and a comprehensive Loan Presentation
document that summarizes the entire proposed loan.
