OperAlten · ask any number where it came from

What actually goes wrong

Covenant compliance doesn't fail loudly. It lapses.

11 obligations exist

In the instrument, not just principal and rate.

Post-close

9 make it into the tracker

Two never get transcribed. One date is keyed wrong.

Handover

Analyst changes

The workbook keeps working. Nobody reopens the agreement.

Month 17

Insurance lapses

The breach is real and unreported.

Month 20

Incentive delayed

The earliest signal of a shortfall sits off the credit file.

No step requires anyone to be careless.

Proof

When sources disagree, OperAlten doesn't hide the conflict.

Where the document and the tracker disagree

Compares extracted terms field by field against the records you already keep.

Applies a source-priority policy your credit team sets once, so the outcome is consistent on every sweep.

Surfaces obligations that exist in the instrument and appear nowhere in the tracker.

Beyond document extraction.

Keying mistakes and untranscribed obligations surface on day one rather than at year five, with the evidence attached.

Reconciliation · 4 fieldsdocument governs

Maturity date

tracker 2034-11-30

2034-09-30differs

Certificate expiry

tracker 2026-08-14

2026-06-30differs

Quarterly reporting

not in tracker

§5.3untracked

Interest rate

tracker 4.75%

4.75%agrees

“…shall be due and payable on September 30, 2034…” · §2.1 · p.4

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Proof

A draw package becomes a reviewable decision.

Construction draws, with the evidence still attached

Check→Reconcile→Flag→Decide

Runs the draw package across borrower, contractor and reviewer in a single workspace.

Carries unresolved items into the next round as conditions, linked to what created them.

Clears invoices, waivers and budget-to-date before funds move, and records the approval with its evidence.

Draw 04 · submitted 14 Jul$248,600 requested

Permit copy

carried from draw 03

open

Vendor payment confirmation

carried from draw 03

open

Milestone 2 sign-off

reviewer · 62% complete

in review

Invoices & lien waivers

9 of 9 matched

cleared

Budget to date

within contingency

cleared

Approve drawRequest evidenceHold

Proof

Exceptions arrive with the evidence attached.

One queue, with an owner on every item

Opens a tracked exception for each breach, lapse or discrepancy, with severity and evidence links.

Drafts the borrower follow-up and the internal memo, cited back to source.

Holds every draft for release by a named person. Nothing sends itself.

Exception queue · 20 openowner assigned

high

Certificate expired 24 days ago

2025-042 · J. Lee

high

Incentive receipt 43 days past expected

2024-118 · J. Lee

med

Production report not received

2024-076 · A. Ruiz

low

Maturity mismatch against tracker

2024-118 · A. Ruiz

Draft follow-upInternal memoResolveEscalate

Counterparty access

Borrowers and reviewers work inside the same record.

Time-limited, assignment-scoped access lets counterparties provide evidence directly to the file instead of sending another attachment.

Proof

Every decision leaves a record.

Generated, not assembled

Committee packs, funder reporting and impact reporting come from the same sourced facts.

Every extraction, rule firing and human approval logged and reproducible.

Registers export to CSV and into the systems your team already opens.

Audit log · Facility 2024-118reproducible