FlashSpread cloud: The future of financial analysis
It’s time to take away the friction created by manual spreading of tax returns, by using technology and automation.
![Image of laptop with cover slide for "FlashSpread cloud: The future of financial analysis" white paper](/sites/default/files/styles/small_hq/public/image/2023-07/resource-flashspread-cloud-future-financial-analysis.png?itok=PN94-K7g)
Secondary Default Finastra Form
Spreading tax returns is an essential task in commercial lending. As part of the process of standardizing information from financial statements into a consistent layout and format, it ultimately enables lenders to understand the story of a business through its numbers.
However, it can be extremely timeconsuming and expensive. Lenders often manually transfer data from a company’s financial records into their systems for analysis, a process that can take hours for a single borrower, not to mention the related entities.