Automated Spreading, Powered by nCino IQ
Reduce the time it takes to spread financials and enable portfolio growth by improving the speed and quality of credit decisions with nCino's Automated Spreading Solution.
Accelerate Spreading with Intelligent Automation
With nCino’s Automated Spreading Solution, reduce the time it takes to spread financial statements and tax returns, while improving spreading consistency and empowering your institution to focus on insightful financial analysis instead of manually re-keying data.
Increase efficiency and streamline the underwriting process.
Improve financial spreading consistency and minimize errors.
Enhance productivity and increase focus on value-adding activities, such as analyzing credit.
Leverage artificial intelligence and machine learning to improve data extraction.
nCino’s Automated Spreading Solution transforms a tedious, manual, and time-consuming task into an automated, efficient process.
By automating data gathering and analysis, nCino also enables banks to leverage the data gathered across customers and undertake valuable analysis regarding, for example, vertical specific characteristics and performance.
Reduction in time to spread financials
Reduce duplicate data entry by 25%, resulting in less time spent on manual data entry and fewer errors.
Reduction in systems used to spread financials
"Instead of having staff time spent on manually inputting each business customer’s financial statement, nCino’s artificial intelligence uses the scanned financial document to extract the critical numbers and automatically complete the necessary financial analysis."
Co-Founder Judo Bank
Reduction in time spent in the underwriting stage of the loan cycle, enabling a quicker time to close
Efficiency Through Automation
Through optical character recognition technology, nIQ automates information gathering procedures, reducing manual data entry, and transforming data into direct business value.
Enhance spreading consistency by intelligently extracting both unstructured and structured data through powerful OCR technology.
Maintain quality control with line-by-line reconciliation and proactive identification of unclear data fields to maximize accuracy.
Spread financial statements including tax returns, audits, company prepared statements, 10-Ks, 10-Qs, and other documents.
Easily and securely extract data from documents in Document Manager, nCino’s integrated, intelligent document filing solution.
Leverage machine learning to automatically learn from previous data mappings and optimize efficiency on subsequent spreads.
Harness the power of Spreads, nCino’s financial analysis tool, to perform credit analysis with ratios, flexible templates, and trend analysis.
With nIQ, we’ve been able to drastically reduce data input time and fully digitize our credit analysis process to further increase speed and convenience.
VP and Loan Operations Manager at Gulf Coast Bank & Trust
Discover How You Can Use Automated Spreading