Transaction advisory services software
Transaction advisory teams build quality of earnings reports, financial due diligence and valuations in SpreadSpace, with deep extraction and every figure traced to its line.
SpreadSpaceâ„¢ reads the financial statements, tax returns, bank statements and supporting schedules a company places in the data room and extracts each one down to the line. Every figure keeps a link to the page it came from, so a manager, a partner or the client can open the source behind any number in the report.
Normalize the results under your firm's chart of accounts, record each adjustment beside the line it changes and present the findings with charts that open their own figures. Deliver the report in your firm's format, in SpreadSpace or in the platform your team already uses.
Start with the documents in the data room
Upload audited and reviewed financial statements, internal statements, business tax returns, bank statements and debt schedules. Exports from the company's accounting system enter the same review, and each company, reporting period and stated unit stays identifiable.
Supported consolidating statements keep each entity's column and the reported eliminations beside the consolidated total, so the team sets the scope of the engagement before a figure is counted twice.
Build the quality of earnings analysis
Map the income statement and balance sheet to your firm's chart of accounts so every period and every entity reads the same way. The reported lines stay behind the mapped figures, and each adjustment sits beside the line it changes with its period and its support.
Lay out management's proposed adjustments beside the team's own, so the reader can tell the company's earnings figure from yours.
Test the results against independent sources
Compare the reported results with the company's bank activity and its tax returns. Bank statements show the deposits, withdrawals and balances behind a cash figure, and the tax-to-book reconciliation carries taxable income back to income per books.
Present findings with better visuals
SpreadSpace draws better visuals than anyone else in the market. Every chart is built from the extracted figures, and each bar, point and bridge step opens the figure behind it.
Arrange the charts and tables on the shared canvas, review them with the team and carry the finished exhibits into the report.
Carry the normalized results into the valuation
Continue in the spreadsheet with formulas, projected periods and the team's assumptions, with the source-linked historical figures underneath. Write the valuation memo in your firm's template with the exhibits attached.
Deliver the report in your firm's format
Upload a past report as a PDF or Word document and SpreadSpace reproduces its structure as a reusable template. Bring the normalized financials, the adjusted EBITDA schedule and the charts into it as exhibits.
Readers open a figure in an exhibit and land on its source. Finalizing records the version the client received, and reopening it is an explicit, recorded step.
Run the workflow on a recent engagement
Bring the documents from a recent engagement and the report your team delivered. Follow one adjustment from its source line into adjusted EBITDA, the chart and the exhibit, and see whether a reviewer can do the same.
Keep exploring
Public market research
- 10-K, 10-K/A, 10-Q and 8-K extractionFinancial statements, as filed
- Earnings releasesResults as announced, ahead of the filing
- REITs and real estateSegment NOI and FFO from the filings
- Financial statement spreadingStandardized line items across periods
- Portfolio monitoringEach company's statements and filings, every period
- Business valuation memosFirst drafts from the extracted financials
M&A advisory
- M&A advisoryWork the sell side and the buy side from the same spread.
- Sell-side advisory and the CIMNormalized earnings with every adjustment shown
- Buy-side advisoryThe seller's numbers verified from the data room
- Business valuation memosFirst drafts from the extracted financials
- Public comparablesPeers from their filings under one chart of accounts
Due diligence
- Quality of earnings reportAdjusted EBITDA, every adjustment sourced
- Net working capital and the pegAR and AP aging, net debt and the bridge
- Proof of cashBank activity tied to the books
- Tax-to-book reconciliationThe filed return beside the statements
- Deal diligence for private equityThe seller's numbers from the data room
- Leveraged buyoutsLeverage the target can carry, from its own cash flow
SMB
- SMBTax returns, bank statements, financial statement analysis and global cash flow for small-business lending.
- Tax return underwritingBusiness and personal returns, connected to cash flow
- Bank statement underwritingDeposits, balances and financing activity in context
- Global cash flow and debt serviceBusiness, guarantor and proposed debt in one review
- Financial statement analysisMessy, unstructured borrower data is normalized and spreadable within seconds
Middle Market
- Middle MarketFinancial statements, interim performance, complex borrower groups and debt service in one commercial credit review.
- Financial statement analysisAnnual statements, interim performance and lender adjustments
- Global cash flow and debt serviceRelated businesses, guarantors and proposed debt
- Debt schedules and financingNotes, maturities and payments beside the financials
- Credit memosReviewed spreads and repayment analysis, together
Real Estate
- Real EstateProperty financial statements, adjusted NOI, sponsor support and debt service coverage for commercial real estate lending.
- Property financial statementsOperating statements and rent rolls in one review
- Adjusted NOIProperty income, expenses and lender adjustments
- Sponsor and guarantor cash flowConnect property repayment to sponsor support
- Debt service coverageProperty DSCR with proposed financing
Mortgage
- MortgageBorrower income, self-employment, rental properties and debt-to-income with the original evidence in view.
- Income verificationBorrower income connected to the supplied documents
- Self-employed borrower incomePersonal returns and the business behind the income
- Rental income analysisProperty income and expenses, traced to the source
- Debt-to-income analysisVerified income and monthly obligations together