One record for the life of a deal.
Software that reads a deal’s CIM, model and monthly packages and keeps their figures on one record, for private-equity and private-credit teams.
Set up a call at hello@cimbook.comThe seller says 31.6. Your diligence says 29.8.
The quality-of-earnings report takes out the add-backs your diligence does not accept. Your team types 29.8 into the model.
The memo quotes last week’s model.
An associate copied each figure into the memo from the model. The model is now on version 38. The memo still quotes version 31, and the first to notice is the committee.
The underwriting case sits in an old file.
The committee approves the deal on its underwriting case. Six months after the close, a partner asks how the company is doing against it, and someone goes looking for the right version of the model.
The monthly package is keyed in by hand.
An analyst keys each month’s figures into the fund’s quarterly report and the covenant tracker, and again when a month is restated, if anyone notices. March is a test date, and its package states no LTM. When the auditor or an LP asks where a figure came from, the answer is in someone’s inbox.
One record holds the CIM, the model, the case and every month.
Your team accepts each figure before it is written to the record. The seller’s figure and the model’s earlier versions stay beside it. When your team adds a new version of the model, the record lists every figure that moved, old and new. The underwriting case stays as approved, and each month after the close is set against it.
Your firm keeps its documents and the final say.
When our software cannot confirm a figure, it says so or leaves it blank.
One wrong figure, and your team goes back to checking every one by hand.
Your documents are stored only in your firm’s own systems.
When someone at your firm asks, a file travels to our service to be read, and the service keeps no copy. If a deal’s NDA bars outside services, your team can mark the deal, and none of its files is sent.
Your firm decides who sees each deal.
A deal opens only to the people your firm’s own sharing settings let see it, and your firm can switch off our service’s access.
The record keeps who accepted each figure, and when.
An investment can last a decade, and a loan collects amendments and waivers along the way. The team that closed it has often moved on by the end.
Set up a call
Write a line, and we will reply with times for a twenty-minute call. We will ask how a figure moves through your firm, from the CIM to the memo and from each month’s package to the quarterly report and the covenant test. Then we will tell you whether our software fits. The call needs no document and no deal name.