Example agent design
Field Examination Analyzer for Asset-Based Lending
The field examination analyzer ingests borrower agings, inventory, GL, and bank statements and produces the standard working-capital exam (roll-forward, dilution, turnover, ineligibles, concentrations, and a first-draft executive report)so examiners move straight to findings and judgment. This is a starting design. An AI Blueprint adapts it to your goals and the systems it will connect to.
Built for asset-based lenders and advisory firms, the analyzer turns raw borrower data and prior workpapers into traceable collateral analysis and net borrowing availability. It drafts; the examiner reviews, adjusts, and signs, and every figure traces back to its source document.
- Owner
- The examiner, who reviews every finding
- Reads
- AR and AP agings · Inventory listings · General ledger · Bank statements · Prior workpapers · Borrowing base certificates
- Never writes
- Valuations, collateral records, or issued reports.
- Typical cost
- AI Blueprint $4,500–$7,500, credited toward the build. Typical first build $35,000–$75,000. Agent Operations after launch $2,500/mo for one production agent. See the first engagement
The workflow today
Senior Judgment Is Buried Under Exam Data Prep
The problem is not that examiners lack data. It is that days of normalizing borrower agings, inventory, GL, and bank statements crowd out the analysis lenders actually pay for.
The analyzer normalizes borrower data and runs the standard working-capital exam (roll-forward, dilution, turnover, ineligibles, and net availability) so the examiner moves straight to findings. It is designed for traceability and human approval, not autonomous reporting.
The workflow
The workflow today and with the agent
Planning comparison only. Scope, timing, and outcomes vary by data, workflow, approvals, adoption, and implementation conditions.
- Exam turnaround
- TodayDays of manual data prep per exam
- With the agentFirst-draft exam in hours, examiner reviews findings
- Consistency
- TodayVaries by examiner and engagement
- With the agentStandardized roll-forward, dilution, and ineligible tests
- Availability visibility
- TodayKnown at exam time only
- With the agentRecomputed with over-advance and reserve flags
- Reporting
- TodayExecutive report written from scratch
- With the agentFirst-draft report in the firm's format
- Governance
- TodayAssumptions live in spreadsheets
- With the agentVersioned assumptions and source-traceable workpapers
Outcome hypothesis to validate
The analyzer does not replace the examiner's judgment. It removes the data assembly so exams turn around faster, run more consistently, and free senior capacity for findings, while the same clean output shortens the downstream cash flow model.
Not a reported client result or guarantee.
With the agent
What the Field Examination Analyzer Does
The analyzer connects collateral analysis with forward availability, then packages the exam for review.
Collateral roll-forward automation
Normalize borrower data and run the standard working-capital exam so examiners start from findings instead of data prep.
- AR collateral roll-forward, turnover, and dilution analysis
- Ineligibles, past-dues, cross-age, and concentration testing
- Inventory turnover and gross-margin testing with source traceability
Availability and over-advance detection
Step eligible collateral down to advance rates and surface over-advance risk before the next funding decision.
- Eligible-collateral and advance-rate recomputation
- Borrowing-base certificate validation against underlying detail
- Over-advance and reserve-adequacy flags with supporting evidence
Exam-to-report and model handoff
Produce a structured workpaper set and a first-draft executive report that also feeds the comprehensive cash flow model.
- First-draft executive report in the firm's format
- Structured workpaper set ready for reviewer adjustment
- Clean exam output that shortens the downstream cash flow model
Collateral roll-forward model
From Borrower Collateral to Lender Availability
This illustrative roll-forward shows how the analyzer moves from gross pledged collateral to net borrowing availability, separating true ineligibles from recoverable items and surfacing over-advance risk before funding.
Illustrative collateral roll-forward
From gross pledged collateral to net availability
$12.4M
Gross AR and inventory pledged
Borrower-reported collateral before exam adjustments
-$2.1M
Ineligibles and past-due
Cross-age, foreign, intercompany, and aged balances removed
-$1.3M
Dilution and concentration reserves
Credit memos, returns, and customer concentration limits
+$640K
Recoverable or correctable items
Ineligibles likely to clear with documentation or follow-up
-$1.9M
Advance rate applied
Eligible collateral stepped down to contractual advance rates
$7.7M
Net borrowing availability
Defensible availability after exam adjustments and reserves
Exposure windows
Current availability
$7.7M
Net of ineligibles, reserves, and advance-rate haircuts
Over-advance risk
$480K
Projected shortfall if aging and dilution trends continue
Recoverable review
$640K
Ineligible items finance and the borrower may be able to clear
Decision queue
Validate ineligible classifications
Confirm cross-age, concentration, and past-due treatments against the loan agreement before the report is issued.
Recompute advance rates and reserves
Reconcile the agent's eligible-collateral math against the borrowing base certificate and approved advance rates.
Confirm availability before funding
Review net availability and over-advance risk so the next funding decision is backed by current collateral.
Scenario
Illustrative asset-based lending exam scenario
Illustrative planning scenario, not a reported client result or a named public case study.
- Starting point
- An asset-based lender and its advisory partner want to standardize working-capital field exams across a portfolio, reproduce the roll-forward, dilution, and ineligible analysis consistently, and see availability risk before the next funding.
- Scoped outcome
- ITECS scopes a governed field examination analyzer that connects borrower agings, inventory, GL, bank statements, and prior workpapers into a structured exam, a first-draft executive report, and net availability with over-advance flags for examiner review.
Systems it connects to
What the Analyzer Needs to Read
Discovery confirms which systems are authoritative. The page describes likely inputs, not a promise that every firm has clean integration-ready data on day one.
- AR and AP agings
- Detailed receivable and payable agings with customer, terms, cross-age, and past-due detail.
- Inventory listings
- Raw, WIP, and finished-goods detail with categories, valuation method, and slow-moving or obsolete flags.
- General ledger
- Trial balance and GL detail to reconcile collateral against the borrower's books.
- Bank statements
- Cash activity and collections to support dilution, turnover, and collateral-to-cash reconciliation.
- Prior workpapers
- Previous exams, eligibility definitions, and report formats that supply most of the structure for the next exam.
- Borrowing base certificates
- Borrower-submitted certificates and loan-agreement terms for eligibility, advance rates, and reserves.
Workflow
Read-Heavy, Write-Controlled Field Exam Intelligence
The analyzer connects approved borrower data, runs the working-capital exam, drafts the report, and routes it for examiner review before anything is issued.
01
Ingest
Read approved borrower agings, inventory, GL, bank statements, and prior workpapers without altering any records.
02
Normalize
Standardize formats, map eligibility definitions, and reconcile collateral against the general ledger and cash.
03
Analyze
Run the roll-forward, dilution, turnover, ineligible, and concentration tests with traceable assumptions.
04
Draft
Produce the structured workpaper set, net availability, and a first-draft executive report in the firm's format.
05
Approve
Route the exam to the examiner to review, adjust, and sign before anything is issued to the lender.
Controls
The Analyzer Is Read-Heavy and Write-Controlled
The field examination analyzer can analyze, draft, flag, and recommend. It does not finalize valuations, alter collateral records, or issue reports without examiner review.
- Read-heavy
- Reads the systems listed above through access scoped to this workflow.
- Write-controlled
- Writes nothing listed under Never writes in the spec at the top of this page. Anything it drafts waits at the approval points below.
- Approval points
- Recommendations, drafts, and exceptions go to a named reviewer before anything changes.
- Audit trail
- Each run keeps its inputs, sources, output, and the reviewer's decision.
In this design
- The analyzer is read-heavy and write-controlled: it can analyze, draft, flag, and recommend.
- It does not finalize valuations, alter collateral records, or issue reports without examiner review.
- All output preserves source data, assumptions, eligibility logic, and the reviewer's decision.
- Built for confidential work that may be examined by lenders, courts, or in litigation support.
Security
Security for Financial Services AI Workflows
Field exams touch borrower agings, inventory, GL, bank statements, and lender collateral data. ITECS keeps those signals controlled with scoped access, human approval, and audit-ready recommendation history.
- Selected vendor data-use, retention, and tenancy terms verified before production
- No finalized valuations, collateral-record changes, or issued reports without examiner approval
- Versioned assumptions and source references for examiner, lender, and audit review
- Credential isolation and encrypted secrets for borrower data, document, and reporting access
Deployment fit
Where this design can run
- Hosted AI Agents
- Runs in a governed Linux environment ITECS operates, on frontier models through enterprise API agreements, connected to borrower agings, ledgers, and bank statements through controlled integrations, with human review and an audit trail.
- Private AI Servers
- Runs on local models on a server inside your network, for confidential borrower and exam workpapers that should not leave it. The same build ladder applies; server hardware is quoted after a sizing call.
Typical first engagement
Start with an AI Blueprint
The AI Blueprint sets the actual build rung and its fixed-fee not-to-exceed. The rows below show the typical path and the catalog range for each step.
- FirstAI BlueprintAgent Discovery & Technical Specification. Credited toward the build.$4,500–$7,500
- Typical first buildIntegrated / Line-of-Business Agent$35,000–$75,000
- After launchAgent Operations, one production agent$2,500/mo
Prices from the published AI pricing catalog.
Customize this design
Bring your goals and your systems. The AI Blueprint decides the scope and the systems, not this example, and ends with a fixed-fee not-to-exceed for the build.
FAQ
Field Examination Analyzer FAQ
What is a field examination in asset-based lending?
A field examination is a periodic review of a borrower's collateral and financial records (receivables, inventory, payables, and cash) used to validate the borrowing base, test eligibility, and confirm a lender's collateral position.
What does the field examination analyzer do?
It reads approved borrower agings, inventory, GL, and bank statements to produce the standard working-capital exam (roll-forward, dilution, turnover, ineligibles, and a first-draft executive report) for examiner review and approval.
Does it replace the field examiner?
No. The analyzer drafts the exam and surfaces findings; the examiner reviews, adjusts, and signs. Every figure traces back to its source document, and no report is issued without human approval.
How does it connect to the cash flow model?
A clean, structured exam supplies most of the inputs for the comprehensive cash flow model, so the same output that validates collateral also shortens the downstream forecast work.
Is our borrower data kept confidential?
Confidentiality depends on the approved architecture and contracts. ITECS verifies vendor data-use and retention terms, access roles, audit logging, and human review before production. SOC 2 Type II applies only if Promus managed cloud hosting is selected for the workload.
What data is needed for a discovery workshop?
ITECS typically asks for exam methodology, eligibility definitions, sample reports and workpapers, AR and AP agings, inventory listings, GL detail, bank statements, and borrowing base certificates.
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