White Paper

The new spreading normal

Cora LiveSpread shines a light on dark data

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Too many formats, too little time

Financial statements are at the heart of so many different business processes, from lending to audits, investments, and mergers and acquisitions. For example, prospective buyers and borrowers must regularly submit financial statements to financial services firms. Security analysts and investment bankers also rely on financial statements for developing valuation models. 

Processing and analyzing financial statements is a big part of these activities. The American Institute of CPAs (AICPA), the Financial Accounting Standards Board (FASB), and other organizations apply rigorous standards for how to handle these transactions, and their efforts have succeeded—for the most part.

White Paper

The new spreading normal

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