FinQuery Debt Management
Never lose sleep over debt accounting & compliance again.
Replace fragile, manual spreadsheets with a proactive solution that provides immediate visibility and delivers clean, audit-ready reporting.
- Avoid Debt Compliance Breaches Entirely: Continuous covenant testing acts as an early warning system, triggering alerts when you are within 10% of a breach to prevent technical defaults.
- Reclaim Your Time: Auto-reconcile bank matches to the penny, leaving only exceptions for human review and saving hours at month-end close.
- Always-on Visibility: Instantly generate granular visibility into liquidity and debt-service coverage for demanding auditors and boards.
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Why FinQuery for Debt Management?
Catch Covenant Breaches Before They Happen
Watches your debt 24/7 and proactively alerts you to risks – giving you peace of mind that nothing is being missed.
Eliminate the Manual Accounting Grind
Automatically performs advanced calculations including the complex GAAP Effective Interest Method and the ASC 470 10% test.
Ace the Audit
Connects every number to a source document and workflow. Audits get faster and cheaper because the proof is built in.
Onboard in Days Not Weeks
Uses AI to read, understand, and ingest data from complex credit agreements making implementation painless.
Manage Your Entire Capital Stack in a Single Place
Reduces risk, manual effort, and cost to manage complex private-credit structures other solutions can’t handle.
Get Unrivaled Visibility
Merges market data, contractual terms, and financial data to give you a full, up-to-date, and always-on picture of your debt.
How It Works
Intelligent Data Entry
Upload source documents like debt covenants or bond indentures; our AI automatically extracts key financial details and sets up the correct accounting treatment.
Automated Accounting & Reconciliation
FinQuery automates the complex math of the GAAP Effective Interest Method and ASC 470 10% tests and generates one-click journal entries and disclosure reporting.
Monitoring & Alerts
FinQuery Debt Management calculates financial metrics—like Debt Services Coverage Ratio (DSCR) and Leverage Ratios – every 60 seconds, alerting you the moment data crosses a “Warning” or “Breach” threshold.
Features
Intelligent Data Entry
Our AI extracts key details from source documents like debt covenants or bond indentures and sets up the correct accounting treatment.
Complex Debt Tracking
Designed to handle complex debt instruments like credit revolvers, senior notes, seller notes, and mezzanine debt with PIK interest and warrants that generic systems fail to track.
Active Risk Monitoring
Continuous Financial Covenant Testing – Debt Services Coverage Ratio (DSCR), Cash Balance, and Leverage Ratio, with customizable breach thresholds.
Automated Reconciliation
Autonomously pulls bank transactions hourly via Plaid, matching exact payments and suggesting AI-ranked fixes for exceptions.
Accounting Automation
Automates the math for complex GAAP Effective Interest Method and the ASC 470 10% test. Instantly generates required accounting entries, disclosures, and supporting reports.
100% Traceable Audit
Every entry is linked to the source agreement. Read-only auditor access eliminates PBC pulls.
FAQs
How is FinQuery Debt Management different from a standard debt dashboard?
Most other solutions act as a rear-view mirror showing you what your debt looked like the last time you manually updated a field. FinQuery provides active debt management, watching your portfolio 24/7. While other tools give you visibility, FinQuery Debt Management provides vigilance by pulling data every 60 seconds to alert you before a risk becomes a breach.
What debt instruments does FinQuery Debt Management provide monitoring and reporting for?
FinQuery Debt Management replaces fragile spreadsheets for sophisticated debt types including revolving credit, mezzanine debt, bonds & senior notes, seller notes, term loans and payment-in-kind financing.
What are the drawbacks to managing corporate debt in a spreadsheet?
Spreadsheets are reactive, manual, and dependent on key individuals. They don’t proactively test covenants. They don’t reconcile bank feeds. They’re built and maintained by individuals who may leave the business. FinQuery Debt Management removes the risk while doing the work no spreadsheet can do.
How does FinQuery help with my annual audit?
Most systems just store documents; FinQuery Debt Management was built to be audit-defensible by design. Every automated entry and disclosure links directly back to the source document. You don’t just give auditors a report; you give them an undeniable trail of evidence that reduces audit questions and fees.
Does FinQuery support debt accounting for companies of all sizes?
FinQuery Debt Management is designed to scale with debt portfolios managing multiple types of credit, regardless of company size. Any organization benefits from replacing fragile, manual spreadsheets with an automated single subledger solution that effortlessly handles increasingly complex instruments as their underlying corporate capital stack matures and expands.
