SOC 2 TYPE II

PRIVATE CLOUD DEPLOYMENTS

Spread financials like your best analyst, in 5 minutes

Spread financials like your best analyst, in 5 minutes

Spread financials like your best analyst, in 5 minutes

Boom spreads financial statements, tax returns, and supporting schedules in your preferred format with 99% field-level accuracy in under 5 minutes.

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

%

Extraction & Mapping Accuracy

Extraction & Mapping Accuracy

<

5

mins

to Spread

to Spread

Michael Pitre, SVP at Palomar Holdings, Inc. (NASDAQ)

Michael Pitre, SVP at Palomar Holdings, Inc. (NASDAQ)

Boom has transformed one of the most labor-intensive processes in our organization. Their AI platform automates the analysis and entry of financial statements with remarkable speed and accuracy, saving Palomar hundreds of hours annually. Beyond the technology itself, the Boom team has been responsive, collaborative, and committed to delivering real business value. We are proud to have been their first customer and enthusiastic supporters of their continued growth.

Boom has transformed one of the most labor-intensive processes in our organization. Their AI platform automates the analysis and entry of financial statements with remarkable speed and accuracy, saving Palomar hundreds of hours annually. Beyond the technology itself, the Boom team has been responsive, collaborative, and committed to delivering real business value. We are proud to have been their first customer and enthusiastic supporters of their continued growth.

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.

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.

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. 

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 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?

Speak to a product expert

Reduce manual work, shorten turnaround times, and maintain your institution’s spreading standards at scale.

Speak to a product expert

Reduce manual work, shorten turnaround times, and maintain your institution’s spreading standards at scale.

Speak to a product expert

Reduce manual work, shorten turnaround times, and maintain your institution’s spreading standards at scale.