Financial Analysts working in the Asset Based Lending (ABL) Industry are responsible for assessing the value of the assets that their business customers will provide as collateral. Popular assets for ABL are Inventory and Accounts Receivables.
However, gathering this data and loading it into leasing software for analysis can often be a manual and time consuming process because of the wide variety of different ERP systems and/or data sources that a business customer may have for these assets.
With Monarch and the Monarch App Library, the process can be streamlined and accelerated by using prebuilt templates for popular ERP systems, or by quickly developing a custom template for the those data sources.
For example, Monarch Desktop can extract data from a text file or PDF file of the Inventory Valuation Report from the EPICOR Eagle ERP system, or the AR Period Analysis report from the Infor CSD ERP system or an AR aging Spreadsheet from Oracle NetSuite ERP system.
By simply dragging and dropping the different reports into this pre-built workspace, Monarch will automate the extraction and transformation of the data and format it ready for upload into a leasing software system.
Finally, this process can be scheduled and automated using the Monarch Server application.
