F.A.C.E.

Software for the Bank Evaluation of Businesses

The FACE software organises, financially analyses and Evaluates the Bank’s core business, lending to businesses, across the full range of the lending work required, with whatever calculations, texts and recommendations are needed.

The final output of the software is a multi-page text with a recommendation, produced automatically from a template, with the option of incorporating the Bank’s existing forms.

The main features of using the software include, among others, a drastic reduction in the time needed to evaluate a business, an integrated, automatic and complete Evaluation, Standardisation of work resulting in the same quality of evaluation from every user, and Electronic Filing of all data, all evaluations, all financing recommendations and any other information.

FACE is used:

1. By the SME and Corporate Divisions, as well as the Arrears and Workout Divisions, for the whole of the lending work, from the analysis of the data to the drafting of the evaluation and approval report. (FACE 2)

2. By the Bank’s branches for entering Balance Sheets and Trial Balances, with help for the account manager from the expert modules of the software in identifying critical data of businesses and negotiating with the customer. (FACE 1)

3. By the Bank’s Marketing Division, for the mass pre-evaluation of businesses and identifying the most noteworthy ones for a proactive approach. (FACE 3)

4. By Managers and other officers of the Bank who wish to see data, evaluations and anything filed for a specific company. (FACE VIEWER)

The FACE software organises the entire cycle of evaluating and approving businesses applying for loans.

Businesses can submit an application electronically, and the software reads the data automatically FACE, such as Balance Sheets, Trial Balances, Identity details (name, tax ID etc.), Competitors, Suppliers and in general whatever is required.

Standardised entry of Balance Sheets or electronic reading, and Electronic import of the business’s Trial Balances.

Online help for the account manager from the software on the critical data of the business, as well as suggestions of suitable questions to put to the Business under review, based on the rules for the proper evaluation of businesses and the bank’s approved rules.

The organisational consequence of the above is the preparation of all the data and the pre-evaluation of each company at the first level, and the production of a recommendation for the higher levels together with all the data filed (Balance Sheets, Trial Balances, Recommendation, the business’s answers on the critical points etc.).

The “FACE 1” edition of the software platform is used for the above FACE.

Full evaluation and drafting of the related report

Typical Capabilities:

The “FACE 2” edition of the software platform is used for the above FACE.

Segmentation (clustering)

Creation of lists of businesses with specific characteristics, after mass, automatic machine pre-evaluation of the financial data of their Balance Sheets. The aim is to help the bank’s Marketing approach businesses that meet the desired characteristics of good customers.

The “FACE 3” edition of the software platform is used for the above FACE.

An immediate picture of all the evaluations, with all the past data on which each was based.

The “FACE VIEWER” edition of the software platform is used for the above FACE.