Field Exam Automation demo
The exam's groundwork done before the examiner arrives; the examiner spends the visit on judgment. 1:12
What the demo shows
A field exam solution for asset-based lenders that prepares workpapers and tests in advance.
The exam program runs the day the borrower's data arrives: six agents tie receivables to the ledger and the certificate, recompute ineligibles, test dilution and credit memos, draw the samples and age the inventory, so most steps are done before the visit. It stops only where a person must look, and those steps become the examiner's site day; the draft report cites every test, and the manager signs off.
Transcript
- Field Exam Automation prepares an asset-based lender's field exam before the examiner arrives.
- By hand, the groundwork takes a week.
- Owen visits Tamsin tomorrow.
- He runs the exam program, 39 steps from receivables to inventory.
- Tests tick through and stop on the sales test.
- Three invoices without shipment sampled and ready for the site visit.
- Two Meridian invoices shipped after billing.
- A dropship needs the carrier's proof on site.
- Owen holds them for Tuesday, 32 steps finished before he arrives.
- The report cites every test.
- Excess availability falls to 1.9 million below the covenant.
- Owen confirms on site, Denise signs, and the report is out in days, not weeks.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.