Accend
Human-in-the-loop AI agents for business underwriting & onboarding
Today we’re launching Accend 2.0 — our most ambitious release yet, designed to help financial institutions modernize how they collect, spread, and analyze financial data for underwriting.
Our goal is simple: make underwriting radically faster, more accurate, and effortless for credit teams at banks and fintechs.
🧨 The Problem
Underwriting commercial credit still relies on slow, manual workflows — especially when it comes to handling borrower financials.
Credit teams spend days:
- Chasing borrowers for PDFs, Excel files, and accounting access
- Manually spreading financials into internal formats
- Creating credit memos from scratch
- Spotting anomalies by gut feel or Excel checks
This workflow is not just inefficient — it introduces real risk. Missed red flags, errors in classification, or simply moving too slowly can result in bad loans or lost deals.
🧑💻 Who Faces This Problem?
This problem is felt most acutely by:
- Fintech lenders scaling underwriting ops
- Banks modernizing legacy credit infrastructure
- Credit risk and underwriting teams who are overloaded and under-automated
💡 Our Solution: Accend 2.0
With Accend 2.0, lenders get a single platform to do the following:
1. Frictionless Financial Data Collection with Accend Link
Collecting financials from borrowers is where friction often begins. That’s why we’re launching Accend Link — a borrower-facing portal that streamlines data collection from day one.
Borrowers can:
- Link accounting software directly — like QuickBooks, Xero, or NetSuite
- Or simply upload financials manually — PDFs, Excel, whatever works for them
🧘♂️ No more chasing documents.
🔄 No more back-and-forth.
📁 Just clean, accurate data — in the format you need.
2. Deep, Accurate, and Customizable Financial Spreading
Once the data is in, Accend gets to work.
- AI-powered line-item classification
- Ratio calculation and benchmarking against industry standards
- Full analyst control — reclassify line items on the fly and build custom ratios tailored to your credit policy
📋 No spreadsheets. No version control nightmares. Just clarity.
3. Next-Gen Credit Memos, Built in Minutes
This is where Accend 2.0 truly shines.
We automatically generate credit memos that combine:
- 📄 Business model summaries
- 📰 Real-time financial news
- 📊 Financial health analysis powered by ratio performance
It's like having your smartest analyst prepare every memo — in minutes, not days.
Your team gets faster turnaround times and deeper insights — without lifting a finger.
4. Proactively Flag Risk with Case Signals
We’re also launching Case Signals, a feature that catches issues before they become problems.
With over a dozen automated checks — including:
- Reconciliation mismatches
- Volatility spikes
- Abnormal ratio patterns
Accend flags anomalies the moment they appear — so your team can act fast and stay ahead of credit risk.
📞 Ready to Modernize Your Underwriting Stack?
If you’re a lender, bank, or fintech working on credit workflows — we’d love to show you how Accend 2.0 can supercharge your underwriting. See it in action live HERE.
Or reach out to me directly at pranjal@withaccend.com to discuss anything AI x Credit Underwriting. Happy to help.