The Cync Software Solution for Automated Spreading Analysis
Why Lenders Choose Cync for Automated Spreading
Cync Spreading is a cloud-based, relationship-driven application that automates financial spreading with artificial intelligence (A.I.) and machine learning for instant cash flow analysis and decisions.
Cync Spreading even provides lenders with the ability to add and remove comments directly into spreads for proper context—streamlining communication between users.
Self-Service Template Creation and Spreading for Any Lender
Highly customizable, automated financial spreading, cash flow analysis, and real-time benchmarks allow for quick insight into the health of a borrower’s portfolio, with the addition of customized financial highlights – high-level, relationship-driven snapshots of the financial analysis.
Customizable Spreading Templates & Statement Types
- Commercial Real Estate (CRE) Spreads: Property Cash Flow Statements, Debt Schedule, Rent Roll, Discounted Cash Flow, and Multi-Dimensional Stress Test
- Commercial & Industrial (C&I) Spreads: Balance Sheet, Income Statement, Equity Reconciliation, Uniform Credit Analysis (UCA) Cash Flow, Debt Schedule, Traditional Cash Flow, Global Debt Service, and Ratios (with self-service ratio customization)
- Individual Spreads: Personal Cash Flow, Personal Financial Statement, Debt Schedule, Global Debt Service, and Personal Real Estate Schedule
From Automated Spreading to Real-time Reporting in Seconds
With a combination of machine learning and the manual flexibility to build the exact spreading template a user needs, the Spreading feature allows lenders to most effectively analyze each unique borrower in a matter of seconds. Lenders can choose from a number of options for templates and statement types to align with the type of relationship they are assessing. They can also automatically map financial statements for expedited analysis, which saves time and increases productivity.
Industry Insights for Commercial Borrowers
Do you want to compare financial ratios against industry peers? Our integration with the Risk Management Association (RMA) provides proper context against real-time spreading data for assessing commercial borrowers.
Dashboards & Analytics for Real-Time Financial Data
Review custom data visualizations in our Dashboards and Analytics feature with models prepared by subject matter experts who specialize in commercial lending, providing some of the most intelligent reporting in the market. This provides beautiful, high-quality analytics over traditional visualizations retrofitted from spreadsheets and CRM platforms.
Relationship Profiles to “Know Your Customer” (KYC)
The Relationships feature is the landing page for day-to-day operational activities, giving lenders a space to maintain contact information and easily access the other feature components specific to that entity, such as spreads, covenants, files, and exposure.
Files Management for Accurate Record Keeping
Our best-in-class Files Management feature allows lenders to manage digital assets provided by borrowers. It allows institutions to create custom file types and append files with custom metadata so everything is tagged and sorted making records easy to find.
Expedite Your Financial Analysis
Automation & Productivity
While there are many options for financial analysis, Cync Spreading’s combination of organization, customization, automation, and communication sets it apart from the competition.
Streamline data and processes and increase productivity, accuracy, and consistency while mitigating risk with relationship-driven insights and centralized data with Cync Spreading. Automate spreading using artificial intelligence (AI) and machine learning with highly customizable ratios and spreading templates.
Increase productivity and mitigate risk with relationship-driven insights and centralized data. Cync Spreading gives lenders an automated tool to track client finances using highly customizable spreading templates, ratios, and financial highlights. Lenders can customize, track, and manage covenants, utilize a robust file management system to keep the files associated with a client and their financial information collected and organized or use the fully-integrated commenting and notifications for real-time communication between users.
Cync Spreading also offers extensive reporting that allows lenders to monitor the analytics tracking different aspects of the financial information recorded in the application. Analytics can be customized to show specific information as desired, and visualizations can be set into the dashboard to be viewed when logging into the application, or reports can be shared, exported, or printed.
Cync Spreading Integrations & Development Solutions
Cync Spreading integrates with different services to allow customer data to be safely and securely transferred into the application.
The Relationships feature integrates with a financial institution’s CORE banking system for contact information, relationship connections, and existing loans and deposits. Secure connection with CORE ensures that data is always collected in one place, regardless of the location it was updated or accessed from, enabling lenders to make decisions based on up-to-the-minute financial information. Cync Spreading is system-agnostic—it will integrate with Cync ABL or the lender’s CORE banking system.
Codat Integration for Automated Spreading
Customers can connect to Codat in just a few minutes without waiting days or weeks for a custom connection to be coded. Codat keeps records synced in a configured interval and Cync Spreading pulls the invoices from Codat whenever required. The Spreading feature engages with Codat for mapping statements from a borrower’s accounting software directly into Cync Spreading.
Plaid Integration for Financial Information
Cync Spreading’s integration with Plaid allows users to authorize access to their financial information by connecting their bank accounts, enabling Cync Spreading to have the most up-to-date information for financial analysis.
Okta Integration for Single Sign-On (SSO)
Cync Spreading integrates with Okta to provide single sign-on (SSO) capabilities, allowing lenders to combine their Cync Spreading login with any login that may exist for their institutions.
Risk Management Association (RMA) Integration for Industry Ratios
Cync® Spreading’s integration with the Risk Management Association (RMA) allows lenders to compare the financial statements of their borrowers with RMA’s Annual Statement Studies® and import the latest, most up-to-date ratios to ensure that calculations meet the industry standards set by RMA as the comprehensive source of risk management tools and education.
Tableau Cloud & Tableau Data Prep for Customized Reporting
The Dashboards & Analytics features integrate with Tableau Data Prep and Tableau Cloud, creating easy-to-use, lightweight reports and eye-catching visualizations. The ability to choose custom layouts allows users to select multiple visualizations, resulting in a comprehensive dashboard that can be shared amongst team members.
Security FeaturesThe Cync Software Application Suite is a SOC2-certified application that is hosted on Amazon Web Services (AWS). AWS is an Infrastructure as a service (IaaS) provider, which is highly available, scalable, and fault tolerant. View Cync Software Security Information
- Independently SOC 2 Certified
- Amazon Web Services (AWS) Certifications
- ISO 27001, 27017 and 27018
- PCI DSS for S3, EBS, VPC, RDS, ELB, IAM
- FISMA Moderate Compliant Controls
- HIPAA & ITAR Compliant Architecture
- Auditable infrastructure
- Encrypted URL
- AWS platform is monitored 24/7
- Disaster recovery plan
- Single Sign-On (SSO)