Manual data entry clogs up the lending pipeline and frustrates staff. Abrigo’s Electronic Tax Return Reader lets bank and credit union staff focus instead on spreading and ratio analysis. More consistent and accurate inputs provide confidence in underwriting. Faster loan decisions mean happier lenders, analysts, and borrowers.
Electronic Tax Return Reader
Upload Borrower Tax Returns Automatically
Fast and Accurate
Keying in data for underwriting and review is a headache for financial professionals. Tax return data entry can take more than 20 minutes per return and risks errors in the analysis. Abrigo’s patented Electronic Tax Return Reader (ETRR) imports information from tax returns that are electronically produced and spreads them with 100% accuracy in under a minute.Play Video
Advantages and Features of Electronic Tax Return Reader
Get to the analysis faster with quick tax-data imports for spreads, all within the loan origination system.
Boost data quality and efficiency with uniform financial institution policies for financial spreading.
Eliminate bottlenecks in underwriting and annual reviews caused by manual, tedious data entry.
Eliminate the risks of manual data entry errors, including skipped lines or transposed numbers.
“Just with not having to complete
all the spreads manually for the cash flow, that saves an average of two to three hours, depending on the complexity of the loan/relationship.”
-Debbie Bather, Director of Business Services
Integrated Systems with Abrigo
Reduce loan processing time with fast, powerful analysis
Book loans faster with more consistency by automating your financial institution’s loan underwriting process. Pull in financial statement data spread automatically by the Electronic Tax Return Reader and let lenders and analysts spend more time analyzing instead of keying in data.find out more