Sageworks is a financial information company that provides lending, credit risk and portfolio risk solutions to financial institutions and provides financial analysis and valuation applications to accounting firms and private companies. Through these markets, we have created the largest real time database of private company financial information in the United States, analyzed over 11.5 million loans and aggregated the corresponding loan data.
Since being founded in 1998, Sageworks' mission has been to improve the success rate of small businesses in the United States. We started by enabling accounting firms to provide accurate and easy to understand financial analysis to their clients. Then, in 2006, we expanded our solutions to help community bank s and credit unions more efficiently lend to commercial borrowers and grow their business communities. Now, several thousand accounting firms and over 1,200 financial institutions leverage Sageworks in their operations.
Sageworks Industry Data API provides benchmark business performance information back by the leading private company financial database. Calculate and present data by industry average, median, or percentile across sixteen metrics that measure various forms of earnings, profit financial data. Sageworks' database updates in real time so averages and reporting incorporate the latest available information. We aggregate more than 1,000 financial statements per day.
Sageworks Electronic Tax Return Reader API extracts the raw information from personal or business tax returns and provides a translation of the tax return data into standard financial statements. ETRR reads returns produced by accounting tax programs directly to provide accuracy and consistency over Optical Character Recognition (OCR) technology.