It’s not a typo. feature / FEATURE is a series where we’re giving you a tour of what makes Blooma so great. We created Blooma in partnership with banks, and together, we’ve designed a platform made up of features that have been intelligently designed with you in mind. Join us for a quick preview of some of our favorite ways to level up your CRE lending practice.
Next in the queue? The Dynamic Cashflow Tool. Read through to learn more about what it looks like and how it works.
In the ever-evolving world of commercial real estate, where accurate and efficient financial analysis is paramount, having versatile tools at your disposal is essential. The Dynamic Cashflow Tool is Blooma’s latest innovation designed to streamline your financial analysis process and enhance your decision-making capabilities.
The Dynamic Cashflow Tool is a collection of features that empowers CRE professionals by allowing them to:
First up, we’re coving how to create trailing twelve-month (TTM) statements effortlessly with any uploaded cash flows. This capability is crucial for underwriters who need precise and comprehensive financial statements to assess the health and viability of real estate investments.
One of the most significant advantages of the Dynamic Cashflow Tool’s is its ability to automate the creation of a TTM. In it, you can add existing cash flows together or subtract existing cash flows from each other. This feature provides the flexibility needed to build accurate and customized cash flow scenarios. Additionally, the new annualize feature enables you to quickly annualize existing cash flows, offering a straightforward way to project future financial performance.
For example, you can easily compute a TTM for Q1 2024 using a year-end 2023 statement, subtracting Q1 2023 and adding Q1 2024. All of this, from the upload and parsing of the cash flow statements, to the TTM creation or statement annualization, is done with minimal manual input–just a few clicks. This flexibility eliminates the tedious manual spreading and calculations and reduces the risk of errors, saving you valuable time and effort.
This feature is particularly useful for building custom cash flow scenarios tailored to your specific needs.
Recognizing that manual combination of financials can be time-consuming and prone to mistakes, we’ve developed the Dynamic Cashflow Tool to simplify and automate this process. By leveraging the fields of the tool, you can configure various financial statements with ease, ultimately reducing duplicate efforts and enhancing productivity.
In today’s competitive CRE landscape, having precise and efficient financial analysis tools is more critical than ever. The Dynamic Cashflow Tool provides a robust solution that allows you to streamline your financial analysis process, save time, and reduce the risk of errors. By automating the combination and annualization of financials, you can focus on what truly matters – making well-informed decisions that drive the success of your real estate investments.
See it for yourself and discover how Blooma’s Dynamic Cashflow Tool can transform your financial analysis process.