Assess Make faster, more accurate SMB credit decisions
Get a 360° view of your small business customers’ financial health. Assess enriches your customers' real-time accounting, commerce, and banking data and surfaces intelligent insights you didn't have before.
Get smarter insights
Assess enriches your SMB customers' data and produces actionable insights to help you underwrite better
Say yes faster
Simple and quick data sharing for business customers. SMB data in the right format, ready to be plugged into credit models
Launch new products faster
Access to real-time data with the ratios and metrics you need to launch new products faster
How Assess works
Assess turns SMB customer data into powerful insights and surfaces them to you in the right format.
1. Your SMB customers share their data
Your customers share their real-time accounting, commerce, and banking data from the software they use, via one link.
2. Data is enriched
Assess transforms customer data into actionable insights for credit decisions.
3. Calculates metrics
Assess produces financial ratios and sales analysis metrics, ready for decisioning.
Financial ratios and sales analysis
Uncover insights on your customers you didn’t have before
With Assess, you get the risk ratios, eCommerce metrics, and merchant health indicators you need to understand small business health and performance.
- Accounting Profit margins
- Accounting EBITDA
- Accounting Debt service coverage ratio
- Accounting Current ratio
- Accounting Quick ratio
- Accounting Working capital
- Accounting Fixed charge coverage ratio
- Accounting Free cash flow
- Commerce Revenue growth rate
- Commerce Average order value
- Commerce Refund rate
- Commerce Customer retention rate
- Commerce Lifetime value
Enhanced financial statements
Easily compare small business financials
Problem
SMBs represent their accounts in many different ways, which makes comparing financials across multiple businesses hard. Extracting meaningful insights from the data is challenging and time-consuming.
Solution
Assess maps each businesses’ P&L and Balance Sheet to a single format, for every business connected to Codat.
Data Integrity
Catch your customers' data inaccuracies
Assess cross-references accounting data with banking data to measure how accurate your customers’ data is, helping you say yes with more confidence, whilst protecting you from fraud.
One-to-many
Real-time accounting, commerce, and banking data from the software your customers use
Combine multiple sources of data to get a deeper understanding of your small business customers’ creditworthiness.
Developer-first
Built for developers, by developers
Integrating and managing multiple APIs with many different platforms does not scale. Assess offers one-to-many integrations via a universal API, one data model and no rate limits.
- Get Accounting
- Get Commerce
- Get Banking
A complete set of features to make developers’ lives easier
- A single API and API key
- Fully standardised data model
- Scheduled or on-demand data refresh
- Webhooks to manage workflow
- No rate limits, ever
- Fully-handled authorisation token generation, storage, and refresh
- Detailed docs with code snippets and examples
Resources
Learn how it can work for you
How digital lenders are using data from their customers’ financial software
When it comes to credit decisioning, SMB expectations are evolving. Access to real-time, relevant data is the only way to offer the products they now expect.