Company

Security

Resources

Sign In

Schedule a Demo

Company

Security

Resources

Sign In

Schedule a Demo

Automated Financial Spreading for Enterprise

Automated Financial Spreading for Enterprise

Automated Financial Spreading for Enterprise

Boom turns financial statements, tax returns, and supporting schedules into audit-ready spreads with 99% field-level accuracy in under 5 minutes.

Boom turns financial statements, tax returns, and supporting schedules into audit-ready spreads with 99% field-level accuracy in under 5 minutes.

Schedule a Demo

Contact Sales

Schedule a Demo

Configurable Account Codes & Spreading Logic

Configure account codes and spreading rules to match your institution’s credit policies. Custom rules are deployed in as little as two weeks.

Configure account codes and spreading rules to match your institution’s credit policies. Custom rules are deployed in as little as two weeks.

Route to Overdrafts

If the cash balance is negative, spread it under Overdrafts (Liability).

Exclude Restricted Cash

Do not include amounts reserved for a specific purpose or subject to restrictions.

Spread to Cash & Equivalents

Include cash on hand, bank balances, and short-term liquid investments readily convertible to cash.

Identify cash line item

Locate the total cash shown on the Balance Sheet and classify the amount.

Start

Restricted Cash

Unrestricted Cash

Negative Balance

Templates

AI Data Extraction & Mapping

Extract and map financial statement line items with 99% field-level accuracy, traceable to the source.

Extract and map financial statement line items with 99% field-level accuracy, traceable to the source.

Nested Breakout Schedules

AI links supporting breakout schedules from the notes directly beneath each parent line item.

AI links supporting breakout schedules from the notes directly beneath each parent line item.

AI Underwriting Adjustments

Surface suggested underwriting adjustments for analysts to adopt or ignore.

Surface suggested underwriting adjustments for analysts to adopt or ignore.

Consolidated Views

Compile historical statement periods into one clean view to trend performance over time.

Compile historical statement periods into one clean view to trend performance over time.

Trended Credit Metrics

Track credit ratios over time using configurable, institution-specific formulas.

Track credit ratios over time using configurable, institution-specific formulas.

99%

Field-Level Mapping Accuracy

Field-Level Mapping Accuracy

5 minutes

to Spread

to Spread

Schedule a Demo

Schedule a Demo

BoomAPI

BoomAPI

Process in Boom, sync structured data back to your system

Process in Boom, sync structured data back to your system

One integration connects Boom to the systems you already use. 

One integration connects Boom to the systems you already use. 

Explore API Docs

Financial Spreading API

Import financial statements → Boom extracts, spreads, and adjusts → structured financial data syncs back to your system.

Webhooks

Trigger updates when companies, files, analyses, or records are created, updated, or completed.

Configurable Mappings

Map Boom outputs to your internal fields, workflows, and downstream systems.

const { data: company } = await client.POST("/companies", {
headers: auth,
body: { name: "Acme Construction", fullAddress: "123 Main St" },
});

const { data: file } = await client.POST("/files", {
headers: auth,
body: { companyId: company.id, fileName: "financials.pdf" },
});

await uploadFinancialFile(file, fileContent);

await client.POST("/files/{fileId}/process", {

headers: auth,

params: { path: { fileId: file.id } }

});

const results = await fileWebhook("verified", file.id);

const { data: company } = await client.POST("/companies", {
headers: auth,
body: { name: "Acme Construction", fullAddress: "123 Main St" },
});

const { data: file } = await client.POST("/files", {
headers: auth,
body: { companyId: company.id, fileName: "financials.pdf" },
});

await uploadFinancialFile(file, fileContent);

await client.POST("/files/{fileId}/process", {

headers: auth,

params: { path: { fileId: file.id } }

});

const results = await fileWebhook("verified", file.id);

Frequently asked questions

Frequently asked questions

What types of financial services organizations use Boom?

What financial statement types does Boom process?

What file formats does Boom accept?

Can Boom support our organization’s custom spreading logic?

Can Boom be used in our existing workflow?

How long does it take to process an average spread?

How is Boom priced?

Enterprise Ready

Enterprise Ready

Built for enterprise trust and scale

Built for enterprise trust and scale

Built to support sensitive workflows with strong controls for financial data, document handling, and access management.

Built to support sensitive workflows with strong controls for financial data, document handling, and access management.

Go to Security Overview

Go to Security Overview

SOC 2 TYPE II

SOC 2 TYPE II

Independently audited policies and controls ensure sensitive financial data is secure and protected.

Independently audited policies and controls ensure sensitive financial data is secure and protected.

Verifiable Data Quality

Verifiable Data Quality

Field-level confidence indicators and human-in-the-loop review ensure critical data is validated before it hits production.

Field-level confidence indicators and human-in-the-loop review ensure critical data is validated before it hits production.

Enterprise Auditability

Enterprise Auditability

Full change history, reviewer actions, and versioning create defensible records for audit and compliance.

Full change history, reviewer actions, and versioning create defensible records for audit and compliance.

Tim Maffiore, VP Contract Surety at Lexington National Insurance Corporation

Tim Maffiore, VP Contract Surety at Lexington National Insurance Corporation

Boom’s platform has been a true game-changer for our underwriting operations. It rapidly ingests and organizes large volumes of data while preserving the human oversight required for AI compliance and regulatory standards….The onboarding experience was exceptional. The boom team was responsive, knowledgeable, and genuinely invested in our success every step of the way.

Boom’s platform has been a true game-changer for our underwriting operations. It rapidly ingests and organizes large volumes of data while preserving the human oversight required for AI compliance and regulatory standards….The onboarding experience was exceptional. The boom team was responsive, knowledgeable, and genuinely invested in our success every step of the way.

Speak to a product expert

Automate financial statement processing, risk analysis, and credit memo generation with AI outputs your underwriters can trust.

Schedule a Demo

Speak to a product expert

Automate financial statement processing, risk analysis, and credit memo generation with AI outputs your underwriters can trust.

Schedule a Demo

Speak to a product expert

Automate financial statement processing, risk analysis, and credit memo generation with AI outputs your underwriters can trust.

Schedule a Demo

Boom

Home

Company

Careers

Security

See a Demo

Talk to Sales

Product

AI Financial Spreading

Work-in-Progress Analysis

Resources

News

Legal

API Documentation

Security

Security Overview

Terms

Privacy Policy

Trust Center

Boom

Home

Company

Careers

Security

See a Demo

Talk to Sales

Product

AI Financial Spreading

Work-in-Progress Analysis

Resources

News

Legal

API Documentation

Security

Security Overview

Terms

Privacy Policy

Trust Center

Boom

Home

Company

Careers

Security

See a Demo

Talk to Sales

Product

AI Financial Spreading

Work-in-Progress Analysis

Resources

News

Legal

API Documentation

Security

Security Overview

Terms

Privacy Policy

Trust Center