Accend Eliminates Manual Financial Spreading to Help Credit Teams Move Faster and Smarter

Every credit decision starts with numbers. But if you’re still manually spreading those numbers, you’re wasting time, money, and risking costly errors, says Pranjal Daga.  Financial analysts at banks, fintechs, insurers, and lenders have spent countless hours manually spreading and analyzing financial statements, a slow, error-prone process that drags down approval speeds and inflates operational costs. Despite advances in automation across industries, underwriting remains largely manual, creating a billion-dollar inefficiency that financial institutions worldwide have struggled to resolve. Accend, a company built on addressing inefficiencies in financial data analysis, is tackling this problem head-on. The company has officially launched its AI-powered Financial Statement S