Lending: Accounting Score metrics via API
You can now assess the quality and reliability of a companyCompany In Codat, a company represents your customer's business entity. Companies can have multiple connections to different data sources.’s financial data using Lending's new Accounting Score metrics, available via the Lending APIAPI A set of rules and protocols that allows different software applications to communicate with each other. Codat provides APIs for accessing financial data from accounting, banking, and commerce platforms..
This endpoint is part of a beta release. Please contact your Account Manager if you want to enable it.
What's new?
The Accounting Score metrics are now available via APIAPI A set of rules and protocols that allows different software applications to communicate with each other. Codat provides APIs for accessing financial data from accounting, banking, and commerce platforms. as part of Codat’s Lending solution. The score provides a high-level quality assessment of a companyCompany In Codat, a company represents your customer's business entity. Companies can have multiple connections to different data sources.’s accounting data across five dimensions:
- Data completeness checks whether all required financial statements and documentation are available.
- Data accuracy identifies errors and anomalies.
- Data consistency ensures consistent application of accounting principles over time.
- Data presentation ensures the clarity and readability of financial data.
- Accounting practices verify alignment with GAAP standards.
In addition to the overall score, the APIAPI A set of rules and protocols that allows different software applications to communicate with each other. Codat provides APIs for accessing financial data from accounting, banking, and commerce platforms. identifies the top three accounting issues for a companyCompany In Codat, a company represents your customer's business entity. Companies can have multiple connections to different data sources., allowing lenders to quickly focus on the most impactful risks. This helps lenders:
- Understand the reliability of borrower data earlier in the underwriting process.
- Reduce manual review by highlighting the key accounting concerns upfront.
- Make more confident, efficient credit risk decisions.
The Accounting Score is available across all accounting integrations supported by the Lending solution.
Who is this relevant for?
This update is relevant for Lending clients who need deeper insights into their customers’ data that support financial analysis and credit decisioning.
How to get started?
Contact your Account Manager or our Support Team to enable this feature. You must be using our Lending solution to leverage the Accounting Score metrics.
Once enabled, refer to Get financial summary documentation to use the metrics in your application.