Solutions / Finance and lending
Management information, on the day it is due.
A facility comes with a reporting schedule, and the schedule is the same every month. Set it once and the list is raised on the right day, with the reminders running to the covenant date rather than to whoever remembered.
- UploadManagement accountsaug-accounts.pdfComplete
- ApprovalCovenant certificateReady to check
- UploadBank statementsReminder sent
What a monthly pack asks for
Build the schedule into a template that repeats. It is raised on the same day each month without anyone having to remember.
- Finance · Joel Price
- UploadManagement accountsJPJoel PriceSunilin 3 daysComplete
- UploadAged debtorsJPJoel PriceSunilin 5 daysComplete
- UploadBank statementsJPJoel PriceSunilin 7 days3 files sent
- UploadStock positionJPJoel PriceSunilin 9 daysReady to check
- Covenants · Mia Gadsby
- UploadCovenant certificateMGMia GadsbySunilin 11 daysComplete
- FormBorrowing baseMGMia GadsbySuniltomorrowReady to check
- QuestionAny breachMGMia GadsbySunilin 3 daysAwaiting reply
- UploadUpdated forecastMGMia GadsbySunilin 5 daysAwaiting reply
An illustration. The names are made up.
Every month, the same shape
A schedule that repeats itself
Set a pack to repeat monthly and it raises itself on the day, addressed to the right person, without anyone remembering the fifteenth.
Evidence beside the number
A covenant certificate on its own is an assertion. Attached to the accounts and the statements that support it, it is evidence.
Late is visible immediately
Overdue shows on the board the morning after the deadline, per borrower, rather than at the next credit committee.
The pictures are illustrations. The names are made up.
Ask about a figure where the figure lives
A question about the August creditors balance is a request sitting in the August pack, with the borrower’s answer and any supporting file under it. When the same question comes up at the next review, the answer is still there with a date on it.
- One thread per question, per month
- Notes the borrower cannot see
- CSV export, and the pack as one ZIP
- SLSandbrook asked: £38k above July?12 Sep
- RERhian sent the credit noterebate.pdf12 Sep
- RERhian said: a one-off rebate12 Sep
- SLSandbrook marked it complete13 Sep
Every borrower on one screen
Who has reported, who is late and by how long, across the whole book. It exports as CSV, which is usually what the committee paper wants anyway.
- TRThornhill Retail1 overdue
- GLGadsby Logistics2 awaiting
- MFMeredith FoodsEverything in
What this is not
Docsroom collects the pack, dates it, and keeps the thread under each item. It does not calculate a covenant, does not decide whether one has been breached, and is not a loan management or credit system. It gets the information in on time and in one place, so the analysis starts from something complete.
Put one facility’s reporting on a schedule.
Free for 14 days, no card.