ReadyRatios Software Manual


Introduction


About ReadyRatios Financial Analysis

ReadyRatios is a program (web service, SaaS) intended to carry out an intellectual analysis of a company’s financial state based on results of its financial reports.

The main feature of the system is that individuals should not take part in the analysis. All that has to be done is to enter the data of financial reports (prepared according to the IFRS or US GAAP) and to receive the results of the analysis, which does not differ from the analysis made by a professional analyst!

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ReadyRatios Software Main Features

Knowledge of financial analysis is not required

Our key principle is "Make the computer think!" Computers and not humans should work! That is why ReadyRatios makes all analytical jobs, beginning from the moment when the user enters the data, and finishing when the analytical report is ready. We have been working on the imitation of artificial intelligence in the field of financial software for over 5 years.

Highly usable web-interface

The program is based on web-technologies and can be opened with the help of your favourite browser. It is supported with the following browsers: Internet Explorer 6+, Firefox 3+, Google Chrome 7+ and Opera 9+.

The program provides the user with a complete report

Our program is designed not only to calculate over 40 coefficients and rates, but also to describe the calculated results, to make conclusions and to give an opinion on the financial state of a company. When analysing, the program uses unique scoring methods. As a result, the given report is complete and does not differ from the report made by a professional analyst. The report includes all rates, which can be calculated based on data of the two key forms of financial reporting: a statement of financial position (balance sheet) and a statement of comprehensive income (income statement).The complete report is about 15 pages long; see example.

Currently, the program only works with data of financial reports prepared according to the IFRS or US GAAP.

Multiple choice conditional texts

Multiple choice conditional texts make each report unique. The texts of reports are never repeated, even if the reports are made based on the same data (the probability of repetition is close to zero).

Special training is not required

The ReadyRatios program is very easy to use, so training is not required.

Analysis of reports in dynamics for several periods

You can get an analysis report for both one reporting period and also for several periods (annually, biannually, quarterly or monthly).

Great opportunities for professionals

If you want to set parameters of the analysis according to your requirements, you can easily:

      • change any formula or add your own
      • change qualitative properties of the rate (i.e. range of satisfactory and unsatisfactory values), including ones for different fields
      • set a report template (add or remove desirable or undesirable rates)

The program takes into account the settings given by the user, but keeps the analysis absolutely autonomous at the same time.

To use this feature, the user should log in to the web-site of ReadyRatios.

Certificate of financial state

Everyone can receive a presentable certificate protected from counterfeit, which proves the rating of financial state (from AAA to C) given to the company (see example).

User report settings

The user can limit the report and leave only the required sections, select parameters on displaying tables and text, as well as a set level of criticism. Setting a criticism level can eliminate critical remarks and comments in the report text (if the financial state of the company is poor). At the same time informative values and conclusions will not be affected. 

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