A borrower sends a package. Coset files it, reads the columns you track, and runs the covenant tests once a person has approved the figures.
It files the package for you.
Drop a package in, or have the assistant file it. Coset works out the borrower and the quarter and puts it in the right place. If it is not sure, it asks.
- Restated packages arrive as a new version. Both stay, and the quarter shows which one is in use.
- The same package twice is noticed, not counted twice.
Tested on your definitions.
Each covenant is worked out from the agreement’s own wording, shown in words beside the result. If the package prints its own number, Coset shows that too and tells you where they differ.
A package it cannot read stays visible.
A locked workbook or a scan shows exactly what was not read and why. Nothing is taken from it, and the file waits in Documents for a person.
Add one file or many.
Drop files in. Coset says what each one is and where it belongs, and shows what it could not place. Nothing is read until you add it.
Each memo figure checked against last quarter, budget and the covenant.
Every one linked to its source. Signs, scale and period are read from the page, never guessed, so a negative 5% never becomes a 5%.
Bring one borrower’s last package.
Send us the financial package from one borrower and the covenants that apply to it. We will show you the tests run on your definitions, each figure open to its page.