1 00:00:06.660 --> 00:00:09.180 Trey Markel: Hello and welcome. This is a Centric Software sales 2 00:00:09.180 --> 00:00:12.000 demo video on the merchant cash advance technology built within 3 00:00:12.000 --> 00:00:14.790 Centric Software. Let's go ahead and get started. So in this 4 00:00:14.790 --> 00:00:17.220 Centric Software platform, you've got contacts, and then 5 00:00:17.220 --> 00:00:20.400 you've got deals associated with those contacts. And you can have 6 00:00:20.400 --> 00:00:24.060 multiple deals per one contact if you fund or broker that 7 00:00:24.060 --> 00:00:27.060 contact multiple times over the course of time. So we'll go 8 00:00:27.060 --> 00:00:29.490 ahead and click on the Contacts tab. And under recently viewed, 9 00:00:29.490 --> 00:00:31.740 we'll go ahead and jump in here to Al's laundry service, a 10 00:00:31.740 --> 00:00:34.560 merchant are kind of our test merchant. And you'll notice here 11 00:00:34.560 --> 00:00:37.380 on the client dashboard, you have everything relative for 12 00:00:37.380 --> 00:00:39.750 this particular merchant at the contact level, you've got their 13 00:00:39.750 --> 00:00:42.660 customer portal down here at the bottom, all their information on 14 00:00:42.660 --> 00:00:45.420 the left, and then you've got some tabs over here on the right 15 00:00:45.540 --> 00:00:48.300 when it comes to communicating with this merchant, sending 16 00:00:48.300 --> 00:00:51.360 Doc's out for esign tasks and calendar events, so on and so 17 00:00:51.360 --> 00:00:55.230 forth. One of the tabs you have here is a tab called deals. So 18 00:00:55.230 --> 00:00:57.840 you can see here for Al's laundry service, we've got three 19 00:00:57.840 --> 00:01:01.230 different types of deals on file, we've got a new deal, a 20 00:01:01.230 --> 00:01:05.010 renewal deal, and an add on deal for this particular merchant. 21 00:01:05.040 --> 00:01:07.230 These are advances for this merchant over the course of 22 00:01:07.230 --> 00:01:10.560 time, okay, now, you can always click on New Deal, or you can 23 00:01:10.560 --> 00:01:13.110 edit an existing deal. So let's go ahead and edit an existing 24 00:01:13.110 --> 00:01:15.750 deal within centric software for Al's laundry service. And you'll 25 00:01:15.750 --> 00:01:19.620 notice here, this is Al's laundry service. Here's the deal 26 00:01:19.620 --> 00:01:23.040 ID. And here's the contact ID if you decide to join us and you 27 00:01:23.040 --> 00:01:25.110 work with our support team. Those numbers are really 28 00:01:25.110 --> 00:01:27.150 important so that they can help you quick and fast and 29 00:01:27.150 --> 00:01:30.120 efficiently. You've got some contact information. And then at 30 00:01:30.120 --> 00:01:33.090 the top here for you funders in the software that'll be 31 00:01:33.120 --> 00:01:36.510 servicing a portfolio, you've got account balance, RTR 32 00:01:36.510 --> 00:01:40.170 balance, payment made percentage, RTR paid percentage 33 00:01:40.170 --> 00:01:45.030 of term returns and NSS last payment and then pacing, okay, 34 00:01:45.060 --> 00:01:47.670 for you brokers in the software that are going to be brokering 35 00:01:47.670 --> 00:01:50.520 deals, these numbers will stay zero all the time, except for 36 00:01:50.520 --> 00:01:52.950 account balance because you're not servicing within Centric 37 00:01:52.950 --> 00:01:56.100 Software, so they'll always stay the same. Okay, below that we've 38 00:01:56.100 --> 00:02:00.660 got the ability to assign this deal to certain reps, certain 39 00:02:00.660 --> 00:02:03.420 individuals and certain people. So at the contact level, if I 40 00:02:03.420 --> 00:02:06.540 jump back into Al's laundry service, you have the ability to 41 00:02:06.540 --> 00:02:10.050 assign a contact to certain representatives, but you also 42 00:02:10.050 --> 00:02:13.110 have the ability to assign deals as well. So if I go ahead and 43 00:02:13.110 --> 00:02:16.770 jump back into this deal, we've got the sales rep on file, we've 44 00:02:16.770 --> 00:02:20.370 got the broker on file, so if the broker is an external broker 45 00:02:20.370 --> 00:02:23.010 that sent you the file, you'll put their name here, the 46 00:02:23.010 --> 00:02:25.530 underwriter for you brokers, you won't have an underwriter, but 47 00:02:25.530 --> 00:02:28.470 few funders, you may have an underwriter, and then funder so 48 00:02:28.470 --> 00:02:30.690 if you're a broker and you're brokering a deal on Centric 49 00:02:30.690 --> 00:02:32.760 Software, you're going to put the funder that funded the deal. 50 00:02:33.000 --> 00:02:35.220 If you're a funder within Centric Software, and you fund a 51 00:02:35.220 --> 00:02:37.200 deal, you're going to put yourself in here, and the 52 00:02:37.200 --> 00:02:40.740 funders come from the lenders tab, which we'll look at here in 53 00:02:40.740 --> 00:02:44.070 just a minute. Below the assignments, we have the pricer. 54 00:02:44.370 --> 00:02:47.910 Okay, so you've got advanced type, new add on or renewal, 55 00:02:48.060 --> 00:02:51.210 we've got repayment method, credit card, or ACH, for those 56 00:02:51.210 --> 00:02:53.340 of you who are doing credit card hold backs, you can choose 57 00:02:53.340 --> 00:02:55.500 credit card, and then you've got the remit over here on the 58 00:02:55.500 --> 00:02:59.040 right. So in this particular example, we're holding 20%, back 59 00:02:59.040 --> 00:03:01.320 of daily credit card receivables, and then the credit 60 00:03:01.320 --> 00:03:04.410 card processor pays you guys directly. But if it's an ACH 61 00:03:04.410 --> 00:03:06.540 deal, you're gonna come in here and put in the advanced amount, 62 00:03:06.750 --> 00:03:10.320 the repayment term, you've got days, weeks or months, the buy 63 00:03:10.320 --> 00:03:13.110 rate and sell rate for those of you who get a buyer rate, you 64 00:03:13.110 --> 00:03:15.510 can put a buyer right here, but whatever the retail rate is to 65 00:03:15.510 --> 00:03:18.510 the merchant, it's going to be on the sell rate side, you've 66 00:03:18.510 --> 00:03:21.660 got the payback amount, and you've got the daily payment for 67 00:03:21.690 --> 00:03:26.370 150 days, okay, the payment will automatically calculate when you 68 00:03:26.370 --> 00:03:29.880 put in a factor rate and advance amount and a term, it'll 69 00:03:29.880 --> 00:03:33.720 automatically spit out payback amount and payment. Okay, and 70 00:03:33.720 --> 00:03:37.140 this is our calculator, the calculator will lock once you've 71 00:03:37.140 --> 00:03:40.380 changed the advanced status to a certain status, so no one can 72 00:03:40.380 --> 00:03:43.770 come in here and edit this particular Pricer unless they 73 00:03:43.770 --> 00:03:46.920 have the permissions to do so. Okay, you've got lien position, 74 00:03:46.920 --> 00:03:49.590 and then you've got programs in the Settings section, you can 75 00:03:49.740 --> 00:03:52.020 put different words in here and customize this if you've got 76 00:03:52.020 --> 00:03:54.780 like a Gold program or a silver program or whatever it may be, 77 00:03:54.930 --> 00:03:58.650 you can choose the program here, below the pricer, you've got 78 00:03:58.650 --> 00:04:01.800 other advances or other deals you may have on file for this 79 00:04:01.800 --> 00:04:04.650 particular merchant. So you'll notice here, right now, we're 80 00:04:04.650 --> 00:04:07.440 currently in a deal, but you've got two other deals here. So 81 00:04:07.440 --> 00:04:10.170 total of three deals. So if I jump back into Al's laundry 82 00:04:10.170 --> 00:04:14.070 service at the contact level, and I clicked deals, here are 83 00:04:14.070 --> 00:04:16.440 those three deals. Okay, so let's go ahead and drill back 84 00:04:16.440 --> 00:04:17.370 into this deal here. 85 00:04:19.910 --> 00:04:23.330 On the left hand side, you've got a whole bunch of tabs, it 86 00:04:23.330 --> 00:04:26.690 defaults to the application tab. So if we scroll down far enough, 87 00:04:26.690 --> 00:04:29.420 you'll be able to see your custom application that our 88 00:04:29.420 --> 00:04:32.570 setup team built for you when you decided to join us. Okay, so 89 00:04:32.570 --> 00:04:34.850 in this particular example, we have business information, 90 00:04:34.850 --> 00:04:37.580 campaign information, contact information, loan or advance 91 00:04:37.580 --> 00:04:40.400 information, and broker information. Okay, and again, 92 00:04:40.400 --> 00:04:43.760 this is all fully customized to you. You've got custom data, we 93 00:04:43.760 --> 00:04:46.850 can add any custom data point you want at the advanced or deal 94 00:04:46.850 --> 00:04:49.970 level. You've got financials built in the software so you can 95 00:04:49.970 --> 00:04:52.790 understand the client's financial information. You've 96 00:04:52.790 --> 00:04:55.280 got documents for this particular deal. You can 97 00:04:55.280 --> 00:04:58.820 generate a PDF of any document in the software and then you can 98 00:04:58.820 --> 00:05:01.730 send for electronic signature right from here if you wish to 99 00:05:01.730 --> 00:05:05.120 do so, you've got zip files, if you're dealing with a package 100 00:05:05.180 --> 00:05:07.610 that's very large, and you need to zip up documents, because you 101 00:05:07.610 --> 00:05:10.820 can email them individually. And then you can upload files into 102 00:05:10.820 --> 00:05:13.790 the software as well. Or you can drag and drop those files into 103 00:05:13.790 --> 00:05:17.060 the software, it's important that once you have a deal on 104 00:05:17.060 --> 00:05:22.280 file, that you do all your document prep and uploading at 105 00:05:22.280 --> 00:05:25.970 this level, so it's associated with this particular deal. Okay, 106 00:05:26.060 --> 00:05:28.610 so that's documents for you. And you've got esign docs down here 107 00:05:28.610 --> 00:05:31.580 at the bottom, you've got conditions. So in the condition 108 00:05:31.580 --> 00:05:33.590 section, you can come in here and say, I need a bank 109 00:05:33.590 --> 00:05:36.020 statement, I need tax returns, I need credit reports, maybe a 110 00:05:36.020 --> 00:05:38.960 clear search, underwriters can come in here and decline or 111 00:05:38.960 --> 00:05:41.780 approve conditions with the date and timestamp. Or we can trash 112 00:05:41.780 --> 00:05:45.170 conditions as well. You can pull credit in the software from a 113 00:05:45.170 --> 00:05:48.110 company called Universal Credit Services. And you can click on 114 00:05:48.110 --> 00:05:50.300 pull credit, and it pulls all their information directly into 115 00:05:50.300 --> 00:05:53.690 the software for that particular credit report. You've got bank 116 00:05:53.690 --> 00:05:56.450 statement validation reports directly from decision logics. 117 00:05:56.570 --> 00:05:59.000 And then you'll have the ability to refresh those reports as 118 00:05:59.000 --> 00:06:03.470 well. For you brokers out there, we've got the Submissions tab. 119 00:06:03.680 --> 00:06:06.650 So if you want to shop a deal out to maybe four or five 120 00:06:06.650 --> 00:06:09.230 lenders all at the same time, you have the ability to do so. 121 00:06:09.320 --> 00:06:12.590 So I can come in here and click on new submission, I can choose 122 00:06:12.590 --> 00:06:15.320 all the documents, I'd like to package up in this particular 123 00:06:15.320 --> 00:06:18.830 submission, I can choose all the lending institutions that I wish 124 00:06:18.830 --> 00:06:22.820 to send this package to. And again, these will come from your 125 00:06:22.820 --> 00:06:26.210 lenders tab here in the software and active lenders will show up 126 00:06:26.210 --> 00:06:29.690 here on this list, and then the contacts for those lenders. And 127 00:06:29.690 --> 00:06:32.780 then down here I've got the email that I'd like to write to 128 00:06:32.810 --> 00:06:34.910 these lenders for this particular package. And then 129 00:06:34.910 --> 00:06:37.880 down here at the bottom, I can click on Submit package. If this 130 00:06:37.880 --> 00:06:40.220 is a resubmit, you're doing it for the second or third or 131 00:06:40.220 --> 00:06:42.500 fourth time for this exact same deal. Maybe you missed some 132 00:06:42.500 --> 00:06:45.350 documents, whatever it may be, you can click on resubmission 133 00:06:45.350 --> 00:06:48.140 and click on Submit package. Once you click on Submit 134 00:06:48.140 --> 00:06:50.450 package, you can come up to the right here and click on View 135 00:06:50.450 --> 00:06:54.320 Submissions. And you can see all the lenders you sent this deal 136 00:06:54.320 --> 00:06:57.350 to you can take notes for each submission, maybe the offer 137 00:06:57.350 --> 00:06:59.810 these lenders are sending back to you. And then you can also 138 00:06:59.810 --> 00:07:02.840 status out each one of these submissions as well. And then in 139 00:07:02.840 --> 00:07:06.080 the Reports tab. In Centric Software, you've got some really 140 00:07:06.080 --> 00:07:09.620 nice submission reports you can look at by lender, by user, by 141 00:07:09.620 --> 00:07:13.400 company, by date and time so on and so forth. Okay, so great way 142 00:07:13.490 --> 00:07:16.280 to shop at a deal with a click of a button. You've got some 143 00:07:16.280 --> 00:07:19.130 underwriting notes here, it's just a some basic text box for 144 00:07:19.130 --> 00:07:22.010 some underwriting notes for underwriters, we have a full 145 00:07:22.010 --> 00:07:25.190 syndication platform built into Centric Software. So under the 146 00:07:25.190 --> 00:07:28.550 participation section, if you're a funder in the software and 147 00:07:28.550 --> 00:07:30.680 you're servicing in our software, and you've got 148 00:07:30.680 --> 00:07:33.860 syndication partners participating on your fund, at a 149 00:07:33.890 --> 00:07:38.660 deal per deal basis, you can come in here and you can choose 150 00:07:38.660 --> 00:07:41.570 the syndication partners you'd like to associate for this deal 151 00:07:41.900 --> 00:07:44.810 and amount there are going to participate which will spit out 152 00:07:44.810 --> 00:07:48.170 a percentage, and then you've got a servicing fee based on the 153 00:07:48.170 --> 00:07:51.980 advance amount the RTR payback or prepayment. Okay, so the way 154 00:07:51.980 --> 00:07:54.980 this works is if you were to put this deal in repayment, and 155 00:07:54.980 --> 00:07:59.150 everything was saved correctly here, as the system debits the 156 00:07:59.150 --> 00:08:02.450 merchant, once debits start clearing the bank and clearing 157 00:08:02.450 --> 00:08:05.570 the software platform, one business day later or several 158 00:08:05.570 --> 00:08:08.030 business days later, that's a setting that's up to you, the 159 00:08:08.030 --> 00:08:11.180 system will automatically initiate the syndicate split and 160 00:08:11.180 --> 00:08:15.140 pay them out via an ACH credit with your ACH processor. Okay, 161 00:08:15.140 --> 00:08:17.480 and then syndication partners have a great portal, they can 162 00:08:17.480 --> 00:08:20.180 log into for free, and they can look at all the different 163 00:08:20.180 --> 00:08:23.120 merchants they participated on, they can drill into each 164 00:08:23.120 --> 00:08:25.970 merchant and they can see all the debits and their associated 165 00:08:25.970 --> 00:08:29.450 credits. Okay, so really great syndication platform built 166 00:08:29.450 --> 00:08:32.480 within centric software. What you also have here is something 167 00:08:32.480 --> 00:08:35.060 called the get syndication. We have an integration with a 168 00:08:35.060 --> 00:08:38.930 company called Super vest, super vest is a syndication 169 00:08:38.930 --> 00:08:41.510 matchmaking marketplace technology platform. 170 00:08:41.780 --> 00:08:44.090 So on the front end of their platform, they have a whole 171 00:08:44.090 --> 00:08:47.120 bunch of syndicate money sitting in escrow, and each one of their 172 00:08:47.120 --> 00:08:50.000 syndicates has filters on the deals they want to participate 173 00:08:50.000 --> 00:08:52.850 on. So what you're going to have the ability to do is come in 174 00:08:52.850 --> 00:08:55.460 here and click on Get Syndication, non sensitive 175 00:08:55.460 --> 00:08:58.670 information will be pushed into the super vest network, the 176 00:08:58.670 --> 00:09:01.850 filtering system will will take place and then all of a sudden 177 00:09:01.850 --> 00:09:04.940 you'll have two, three, maybe four or five syndicates on this 178 00:09:04.940 --> 00:09:07.850 particular file. Okay, super investor will underwrite you to 179 00:09:07.850 --> 00:09:10.730 make sure you're pushing good solid deals into their network. 180 00:09:10.790 --> 00:09:13.910 But this is a great integration we have and our funders within 181 00:09:13.910 --> 00:09:16.610 centric software really seem to appreciate it. Okay, so that's 182 00:09:16.610 --> 00:09:19.490 there for you as well. Under the condition section, you can come 183 00:09:19.490 --> 00:09:22.070 in here and you can track commissions for sales broker, 184 00:09:22.070 --> 00:09:24.230 underwriter, and funder you'll notice those match the 185 00:09:24.230 --> 00:09:27.440 assignments here. We can customize these assignments and 186 00:09:27.440 --> 00:09:30.320 the Commission's will follow suit. Okay, so I've got upfront 187 00:09:30.320 --> 00:09:32.840 percentage of front dollar amount, reoccurring percentage, 188 00:09:32.840 --> 00:09:35.300 reoccurring dollar amount, and then I can do this based on the 189 00:09:35.300 --> 00:09:37.940 advanced amount of the payback, the profit or the syndication. 190 00:09:38.540 --> 00:09:41.510 If you track commissions here and you have syndication 191 00:09:41.510 --> 00:09:44.600 partners on file, the system will automatically calculate the 192 00:09:44.600 --> 00:09:47.510 syndicate split, and it will show up in the reports that way 193 00:09:47.570 --> 00:09:50.450 for the part of the commission they're responsible for. Okay? 194 00:09:51.080 --> 00:09:53.870 For you funders out there, when you come to funding information, 195 00:09:53.870 --> 00:09:56.390 you've got routing number, account number, Account Type 196 00:09:56.390 --> 00:09:58.760 Name on account and the ACH gateway that you're going to 197 00:09:58.760 --> 00:10:01.550 use. You've got some fees ie options here, and then you've 198 00:10:01.550 --> 00:10:04.400 got some funding details down here at the bottom. Once you 199 00:10:04.400 --> 00:10:07.700 save this file and you change the advanced status to in 200 00:10:07.700 --> 00:10:10.220 repayment, which is the kind of the funded status within our 201 00:10:10.220 --> 00:10:13.550 platform, the Payments tab down here in the bottom left will pop 202 00:10:13.550 --> 00:10:17.600 up. Okay, so I can scroll down to payments, I have the ability 203 00:10:17.600 --> 00:10:22.040 to turn Auto ACH drafting on, if I'm a funder, and now from this 204 00:10:22.040 --> 00:10:25.940 day forward, our system will read this calculator here, and 205 00:10:25.940 --> 00:10:30.230 for this particular example, charge this merchant $418.33 a 206 00:10:30.230 --> 00:10:36.020 day for 150 days. Okay, and as debits start to come to the 207 00:10:36.020 --> 00:10:39.170 software, you'll notice them pop up right here, on the far right, 208 00:10:39.170 --> 00:10:41.570 you'll notice the status and you can always come in here and you 209 00:10:41.570 --> 00:10:45.650 can see different items for this particular transaction. You can 210 00:10:45.650 --> 00:10:48.860 show filters on these reports as well. So if I want all my 211 00:10:48.860 --> 00:10:51.770 credits to be green, all my debits to be red, and maybe all 212 00:10:51.770 --> 00:10:54.500 my NSF to be red and all my debit screen, you can come in 213 00:10:54.500 --> 00:10:57.800 here and filter out how you want this to show up within your 214 00:10:57.800 --> 00:11:01.370 centric software platform. The way syndication credits work, 215 00:11:01.370 --> 00:11:04.580 depending on your flow time with your ACH processor, let's say 216 00:11:04.580 --> 00:11:07.850 it's a brand new advance and you just turn them on for auto ACH. 217 00:11:07.970 --> 00:11:10.430 And let's say you have a three day float with your processor, 218 00:11:10.520 --> 00:11:13.910 you're going to see debit, debit, and then you're gonna see 219 00:11:13.910 --> 00:11:16.670 credit debit, credit, debit, credit, debit, so on and so 220 00:11:16.670 --> 00:11:20.030 forth. As the debit start clearing the bank, the system 221 00:11:20.030 --> 00:11:22.700 automatically pays out the syndication partner minus 222 00:11:22.730 --> 00:11:26.600 servicing fees, that next business day. Okay, so you have 223 00:11:26.600 --> 00:11:28.970 the ability to track all your syndication payments, all your 224 00:11:28.970 --> 00:11:31.970 syndication splits for this particular deal right here. What 225 00:11:31.970 --> 00:11:34.580 we also have built into centric software is something called an 226 00:11:34.580 --> 00:11:39.110 override calculator. Okay, so in the industry, as you know, there 227 00:11:39.110 --> 00:11:41.990 are slow pay options, maybe the business is seasonal, maybe 228 00:11:41.990 --> 00:11:44.180 they're having a tough time at the moment, and they need some 229 00:11:44.180 --> 00:11:48.920 some relief. Okay, so instead of $418.33 a day, the merchant 230 00:11:48.920 --> 00:11:51.530 calls you and says, Listen, I need to go to $100 a day for the 231 00:11:51.530 --> 00:11:53.990 next three weeks, please, please, can you allow that, 232 00:11:54.140 --> 00:11:56.930 let's say you agree, you can come into the override payments 233 00:11:56.930 --> 00:11:59.600 section, you can put in the dollar amount that you want it 234 00:11:59.600 --> 00:12:04.010 to be switched to the date that it'll go to, okay, so if it's 235 00:12:04.010 --> 00:12:05.960 for three weeks, you're gonna come in here and put in three 236 00:12:05.960 --> 00:12:08.930 weeks out, you're going to put frequency, and then you're going 237 00:12:08.930 --> 00:12:12.890 to put interval, if it makes sense to do so with weekly and 238 00:12:12.890 --> 00:12:16.220 monthly. And then you're going to click on Save File. And now 239 00:12:16.220 --> 00:12:19.820 the system is going to read the override calculator until this 240 00:12:19.820 --> 00:12:23.990 date is hit. Once this data is hit, it'll automatically revert 241 00:12:23.990 --> 00:12:26.870 back to the original calculator, and it'll show up on all your 242 00:12:26.900 --> 00:12:30.200 accounting reports as such. Okay, so this is how you can 243 00:12:30.200 --> 00:12:33.710 track payments within centric software for servicing your 244 00:12:33.710 --> 00:12:36.650 portfolio within centric software. Over here, on the far 245 00:12:36.650 --> 00:12:39.530 right of this page, you've got notes that you can add, you can 246 00:12:39.530 --> 00:12:42.650 notify different teams or users on taking that note, and you can 247 00:12:42.650 --> 00:12:43.790 categorize your notes. 248 00:12:43.980 --> 00:12:46.908 Up here at the top, you've got some tools, I can email the 249 00:12:46.959 --> 00:12:49.888 merchant, I can track a phone call for the merchant, I can 250 00:12:49.938 --> 00:12:53.019 create a calendar event for this merchant. And I can create a 251 00:12:53.069 --> 00:12:56.250 task for this merchant if I wish to do so all of your notes are 252 00:12:56.301 --> 00:12:59.280 going to stack down the page right here. And then down here 253 00:12:59.331 --> 00:13:02.462 at the bottom, you've got your overall status history and your 254 00:13:02.512 --> 00:13:05.592 system log. We really want to make sure we track every single 255 00:13:05.643 --> 00:13:08.673 touch point for this particular merchant and this particular 256 00:13:08.723 --> 00:13:11.703 deal, so we know exactly what happens. Okay, so this is the 257 00:13:11.753 --> 00:13:14.934 deal level for a contact, what you also have built into centric 258 00:13:14.985 --> 00:13:17.863 software, especially if you're a funder is the accounting 259 00:13:17.914 --> 00:13:20.742 reports, you can build out unlimited accounting reports. 260 00:13:20.792 --> 00:13:23.974 And you can always click on an accounting report, it'll run the 261 00:13:24.024 --> 00:13:27.205 filters on that report. And then you can see all the data based 262 00:13:27.256 --> 00:13:30.336 on those filters. So the reports are dynamic. If you've got a 263 00:13:30.387 --> 00:13:33.366 time sensitive filter on an accounting report, and you want 264 00:13:33.417 --> 00:13:36.194 to see all your debits for today, every day you look at 265 00:13:36.244 --> 00:13:39.224 that report, it's going to show you debits for the day that 266 00:13:39.274 --> 00:13:42.405 you're currently in. Okay, what you also have over here at the 267 00:13:42.456 --> 00:13:45.536 top right is something called grouping. Okay, so if I look at 268 00:13:45.586 --> 00:13:48.414 all clear debits, I can come into grouping, I can enable 269 00:13:48.465 --> 00:13:51.596 grouping here at the top right. And then I can click on one of 270 00:13:51.646 --> 00:13:54.424 these data columns, and it'll group by the data in that 271 00:13:54.474 --> 00:13:57.352 column. So if I click on Full Name here, you'll notice it 272 00:13:57.403 --> 00:14:00.079 grouped by name and then gave you aggregates for that 273 00:14:00.130 --> 00:14:02.806 particular group. Okay, so there's a lot of different 274 00:14:02.857 --> 00:14:05.786 accounting that you can do for transactions that are being 275 00:14:05.836 --> 00:14:08.967 processed within the software. You can email these reports you 276 00:14:09.017 --> 00:14:12.047 can analyze this report, you can customize these reports any 277 00:14:12.098 --> 00:14:15.077 which way you want. What we also have in the Reports tab is 278 00:14:15.128 --> 00:14:17.955 something called a report builder. The Report Builder is 279 00:14:18.006 --> 00:14:21.137 amazing. It's an object based Report Builder. It's a glorified 280 00:14:21.187 --> 00:14:24.217 Excel spreadsheet. You can come in here and run all sorts of 281 00:14:24.268 --> 00:14:27.247 pivot tables. And then you can look at your reports several 282 00:14:27.297 --> 00:14:29.923 different ways. We work with a very dynamic and very 283 00:14:29.974 --> 00:14:32.903 interesting consulting firm called nascent consulting. The 284 00:14:32.953 --> 00:14:36.185 gentleman's name is Keith nacin. He is an absolute wizard in the 285 00:14:36.236 --> 00:14:39.013 industry when it comes to portfolio Performance Reports 286 00:14:39.063 --> 00:14:42.144 analyzing risk models looking at accounting. He does a lot of 287 00:14:42.194 --> 00:14:45.073 consulting for Centric Software clients, we always highly 288 00:14:45.123 --> 00:14:47.951 recommend his services if you're a thunder using centric 289 00:14:48.001 --> 00:14:50.981 software. All right, this was a Centric Software sales demo 290 00:14:51.031 --> 00:14:53.859 video on the merchant cash advance technology built with 291 00:14:53.910 --> 00:14:56.940 Centric Software, we look forward to chatting with you soon.