Sageworks Electronic Tax Return Reader

Sageworks uniquely offers banks and credit unions the Electronic Tax Return Reader, which imports information from business borrowers’ tax returns that are electronically produced by a tax package. Spread new loans and reviews in seconds instead of manually keying in data.

• Import whole returns in less than a minute
• Reduce data errors that may occur during manual entry
• Ensure consistency of data entry between different analysts or lenders

• Save up to 20 minutes per return
• Reduce the risks of manual data entry errors, including skipped lines or transposed numbers
• Ensure consistency of data entry Import properties from the Form 8825 and Schedule E, Part 1 automatically
• Make electronic tax returns part of underwriting policies to bolster data quality and efficiency
• Eliminate bottlenecks with data entry for underwriting or annual reviews
• Use with Sageworks solutions or other spreading systems