Balance sheet analysis

Balance sheet analysis

Benefit from automated and secure processes with FINOYO!

Standardized and audit-secure

balance sheet analysis – with

a diverse range of possibilities

for data import and direct

aggregation of the information

in the form of key figures and

graphical evaluations.

Professional & automated balance sheet analysis

Balance sheet analysis procedures are often costly and complicated. Moreover, many solutions are often user-unfriendly and therefore time-consuming. With FINOYO as a Software as a Service solution, you can record and manage all annual financial statement infor- mation clearly and easily. Thanks to its cloud-based infrastructure, you can use FINOYO directly via your browser without having to make one-off introductory investments in your IT infrastructure. Alternatively, you can use FINOYO hosted in your own data center.

After entering data, an evaluation with an automa- tically calculated balance sheet rating is displayed at the touch of a button. In addition, you not only receive a comprehensive catalogue of key figures, but

also an automatically generated cash flow statement.

Would you like to do without the tiresome data entry process altogether? Leave this to our com- petent team of analysts. For many years we have been collecting balance sheet data in different lan- guages, according to different accounting stan- dards and in the shortest possible time, if you wish.

You can also have your business partners send you e-balancesheets in XBRL format and import them into FINOYO without any manual effort. Furthermore, balance sheet data from the Federal Gazette can be processed fully automatically in FINOYO and combined with manually entered data.

In many areas of business activity, it is essential for companies to assess the liquidity of a company by analysing its balance sheet. Balance sheets are an important indicator to assess and evaluate the current and future economic development of a company. A comprehensive balance sheet analysis is decisive for a fully comprehensive credit management.

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Benefits of our balance sheet analysis:

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Multifaceted data import Manual or automated

Balance sheet compilation service Fast and reliable

National and international accounting standards Standardized and individual

Data protection and security GDPR conformity

Validation and aggregation of the data

Unified

Creation of reports Immediate and clear

Calculation of a rating Standardized or individual

COMPILE BALANCE SHEETS EASILY YOURSELF Through coordinated processes and the tracking of changes, Financial Analysis is audit-secure and offers you the possibility of standardized balance sheet compilation.

Ő Entry of annual report parameters, master data and data from the assets and liabilities sides of the balance sheet as well as the income state- ment

Ő Optional entry of further data (cash-flow state- ment or other relevant attachment data)

Ő Compilation of individual and company group re- ports as well as inter-yearly financial information and target figures

Ő Selection of the compilation scheme (HGB, IFRS, US-GAAP etc.)

Ő Automatic, immediate calculation of subtotals and results

Ő Calculations in individual fields and storage of the entered terms

Ő Entry of multiple years at the same time

Ő Comprehensive plausibility checks during entry of data

BALANCE SHEET COMPILATION SERVICE We have been compiling balance sheet data for more than 15 years in various languages, according

to different accounting standards and customer-indi- vidual requirements. Our compilation team makes it possible for you to access the compiled balance sheet within four hours of placing your order.

Ő International team with well-founded specialist knowledge of balance sheet analysis and excellent language competence

Ő Compilation using all common accounting standards

Ő Individual compilation guidelines in agreement with you

Ő Research of annual report information if required, including monitoring

Ő Regular information-exchange workshops with your balance sheet analysts

Ő Various service-level agreements including express service

Ő Quality control (principle of four eyes)

BALANCE SHEET ORDER

You can order the balance sheet to be compiled directly from FINOYO with our compilation team. To do this, upload the publications in the form of a PDF file in the system and be automatically notified when the compiled balance sheet is available.

՘ Notification of receipt of the compiled financial report

՘ Creation of reports, ratings and statements Ő Reception

Ő Compilation Ő Validation Ő Aggregation Ő Provision of the data

Balance sheet compilation in-house or externally?

Your company Your comany

՘ Ordering the balance sheet entry directly from FINOYO

՘ Determination of priority and, if necessary, further details

Liquidity simulation

Forecast the liquidity of your business partners based on balance sheets! FINOYO allows you to create planning figures and simulate the impact of economic changes - such as the restrictive measures to curb the spread of Covid 19 - on liquidity.

SECURITY IN TIMES OF CRISIS

Especially in times of crisis, it is important to assess the liquidity of customers and suppliers correctly and at an early stage in order to be able to react flexibly to impending bad debts and delivery bottlenecks. Can your customer settle outstanding receivables if he does not generate his rental income? Can you make full use of the payment terms granted to you by your supplier or is there a threat of non-payment by the supplier and future delivery bottlenecks?

PLAN FIGURES SCENARIOS

Create planning figures and simulate the impact of economic changes on the liquidity of your business partners. To do this, enter the data for various scenarios in FINOYO in the balance sheet items and you will automatically receive an estimate. In this way you can see whether suppliers can deliver reliably and customers can settle outstanding receivables even in times of crisis.

Did you learn, for example, that a customer is working redu- ced hours or taking out a loan? Such information can be entered as figures in the balance sheet items. FINOYO simulates various scenarios.

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Import of structured financial reports

With Financial Analysis you can also perform automated imports of financial reports. This offers you the possibility to relieve the pressure on resources so that they can be used for other tasks. The automated and standardized processing of financial reports is future-orientated. It should be the aim of companies to utilize financial reports in a structured, electronically processable form instead of on paper or in PDF format!

IMPORTING BALANCE SHEETS IN XBRL FORMAT

With Financial Analysis you can easily import financial reports in XBRL format working directly from the user screen and use them for your evaluations. The financial reports are integrated into what the user sees. Later corrections and adaptations to the data can even be made. By using financial reports in XBRL format you no longer need to compile them manually!

DIFIN INTERFACE

The digital financial report (DiFin) enables the legally and organizationally secure sending of financial reports in XBRL format. The allocation of transmission IDs and certificates guarantees the reliable and secure trans- mission of the financial reports. Reporting companies can, for example, use DATEV to send you their annual reports directly in XBRL format. The reports can be received automatically in the background and assigned to the correct company. In this way, manual compilation can be completely avoided.

INTEGRATION OF THE S&P DATABASE

Within Financial Analysis you can use an interface to access the S&P database for annual report data and in this way utilize all the data from S&P for balance sheet analysis. Manual compilation for companies whose data can be found on the S&P database is no longer

XBRL

necessary. You can integrate the data into your risk assessment simply and directly by mouse click.

INTEGRATION OF THE BUREAU VAN DIJK COM- PANY DATABASE

Within Financial Analysis there is an interface to Bureau van Dijk, which you can utilize with your access data.

Financial Analysis extracts the annual report informa- tion from the Bureau van Dijk reports and integrates this into the financial report analysis. For the data from Bureau van Dijk Financial Analysis provides an indivi- dual compilation scheme enabling the evaluation of the Bureau van Dijk annual reports. In this way, both the Bureau van Dijk annual report rating and the evaluation of the complete financial report can be used for the aggregated risk report in CAM.

IMPORT OF BALANCE SHEETS FROM THE GER- MAN FEDERAL GAZETTE

You can include financial reports from German compa- nies that have been published in the German Federal Gazette into your credit risk management. In Financial Analysis you can search directly in a database of more than a million companies and download and evaluate the published financial report data. The data is trans- mitted automatically and in a structured form. The result is displayed directly in the „ABA“ report (abbre- viated balance sheet analysis) and can be exported in PDF format.

BALANCE SHEET RATING

For the evaluation of the risks, FINOYO includes a balance sheet rating procedure that is implemented in the form of an expert rating. The calculation of such a rating takes place in the following stages:

1. Various key figures are designated as rating-relevant.

2. They are given scores depending on their values.

3. The scores are weighted and then aggregated to an overall score.

4. The overall score is transformed into a rating grade.

Within the framework of your introductory project you can, of course, decide to use the rating model that is implemented in the standard version of the software.

You are, however, cordially invited to integrate your own expert know-how into the evaluation: together with you, we would be pleased to develop a rating procedure that deviates from the standard and is tai- lored to the requirements of your industry, taking into account quantitative and qualitative criteria.

Do you already use an established internal rating procedure? Then you have the possibility either to depict your rating procedure directly in FINOYO or to import the data collected in your internal rating tool via interfaces.

RESULTS OPTIMALLY DISPLAYED

FINOYO is very flexible, not only in the design of the analyses but also in the presentation and the output of the data for further processing. All the data entered can be exported in various formats (RTF, Excel, PDF).

As standard, the following reports are available:

՘ Complete balance sheet evaluation

՘ Short report

՘ Balance sheet report

All of the standard reports can be modified accor- ding to your requirements. We are thereby pleased to integrate your corporate design (logo, font, colours etc.).

Regardless of whether you use standard or individu- ally designed reports, they are of great advantage when used as a basis for decision making. With the help of the reports, the results of the balance sheet analysis can be passed on in an aggregated and easily understandable form to decision-makers who have no time to review a complete balance sheet analysis. In particular, with the short report in the form of an „Exe- cutive Summary“ you get an overview of the essential parts of the analysis and their results.

Automatic, comprehensive analyses and conclusive reports

FINOYO is not only a tool for the compilation of financial reports but also enables the detailed analysis and presentation of the results. After manual compilation or import of financial reports the individual positions are mapped to a structured report in order to guarantee unified analysis of the data. On the basis of the structured report, balance sheet key figures are calculated. In addition, the data is analysed graphically, for example in a capital analysis and a cash-flow analysis.

You benefit from fully automated analyses and have all data at a glance with reports.

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You benefit from fully automated analyses and have all data at a glance with reports.

Your advantages at a glance

Data entry only makes sense if the data entered is prepared in such a way that you can evaluate the financial, profit and asset situation of a company. FINOYO provides you with this option with the help of automatically calculated key figures and other analysis tools.

DATA IMPORT VIA VARIOUS DIFFERENT

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ACCOUNTING STANDARDS

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OF COMPREHENSIVE REPORTS

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AUTOMATIC VALIDATION AND CALCULATION OF KEY FIGURES

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EMPLOYEES

CLEAR AND INTUITIVE OPERATION

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AUDIT SECURITY FOR YOUR PROCESSES

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arrange a demo via websession.

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COMPANY COMPARISONS

Furthermore, in FINOYO you can make comparisons across multiple companies. The user can compare individual companies or complete industries in terms of their balance sheet positions and key figures. The comparison complements the financial reports compi- led in FINOYO.

You can do the following:

Ő Include data from internal and external sources in your comparisons

Ő Define flexible benchmarks with the help of filters

Ő Create peer groups according to your own stipu- lations

Ő Display multiple benchmarks next to each other and calculate differences

Ő Review the filtered data right down to the indivi- dual balance sheet positions

Ő Save your analyses as templates and make them available to colleagues

Ő Export the compiled data to Excel and also print it

References

+49 551 383 15 0 +49 551 383 15 20 (Fax) [email protected] www.prof-schumann.de Prof. Schumann GmbH

Weender Landstr. 23 37073 Göttingen Germany

Enabling Success.