Covenant compliance certificate
Each ratio recomputed from source and tested against the limit in force at the test date, step-downs included. Headroom in turns, not adjectives.
Product
Connect QuickBooks. The lender package and the board pack build themselves.
Plametrix is the finance function's two hardest deliverables, computed from the ledger and delivered the first morning after month end. Every figure traces to a posting. No language model does the arithmetic.
Lender package · PDF
The package your lender signs off on.
Built from the ledger and the debt schedule you provide. If a page cannot be built honestly, because there is no schedule or no opening balance sheet yet, the product says so in a sentence instead of inventing it.
Net debt walk
Term loan including the current portion, revolver drawn and available, seller note, less cash. The schedule is disclosed as given and never double-counted.
Adjusted EBITDA, trailing twelve months
An itemized add-back schedule from reported to adjusted, each line named, so the number your lender sees is the number your diligence provider can retrace.
Income statement by quarter
Trailing twelve months as four quarters that sum to the total, so the lender's analyst can tie it to the certificate without a call.
Balance sheet, cash flow, liquidity
Balance sheet at the test date, indirect cash flow for the trailing twelve, cash plus revolver availability.
The breach month
The rolling forecast carries headroom forward and stamps the first month a test fails, with the step-down that causes it.
Close-day pack · PowerPoint
The pack your sponsor expects, the morning after month end.
Built in the order a board reads it. It goes to your distribution list from reports@plametrix.com the first morning after month end, and you can download a rebuilt copy any day in between.
What the close missed
Quantified findings with the ledger evidence attached: the branch giving back margin against the median, days sales outstanding drifting and tying up cash, the location running unfavourable to budget year to date.
The covenant date
Before the statements, not after them. Where leverage stands today, where the forecast takes it, and the month that matters.
Statements and locations
Income statement, revenue and margin by location, balance sheet, cash flow. In the workspace, every figure drills through to the postings.
Forecast and scenarios
A rolling forecast with every assumption labelled with who set it, and the scenarios your board will ask about with headroom recomputed.
Review log
What was checked before the pack was issued: trial balance ties in every period, balance sheet balances, cash flow reconciles to the cent, covenants recomputed from source.
Basis of preparation
Which ledger, which close, which definitions. The page a new board member reads first.
How it is made
Three agents, three jobs.
The decision of whether something is worth raising is deterministic and tested. A model asked to comment on a number will always find something to say; a finding that fires only when the arithmetic says so is worth reading.
01
Controller
Integrity checks on the ledger before anything is built: periods, openings, balances to the cent. If the close does not tie, nothing downstream pretends it does.
02
Director of FP&A
Builds the statements, the forecast, the lender package and the pack from the ledger as it stands the morning after month end, and again whenever you re-sync.
03
VP of Finance
Re-derives every figure by an independent route, reads the result for what the close missed, answers your questions, runs your scenarios, and writes the review log.
Ask
Plain-English questions, answered with the postings cited.
Ask how revenue grew and you get 44.2%, and then the line that matters: two branches were acquired inside the window and same-store growth is 3.7%. The model proposes a reading of your question; a built-in check runs independently; when the two disagree you see both and decide.
- The model receives your question and the names of your accounts, metrics and locations. Never an amount.
- Every answer is a calculation run by code against the ledger, with the postings behind it one click away.
- What-ifs on hiring, pricing and volume, and scenarios against the covenant step-downs, with headroom recomputed.
- If the model is unavailable, questions fall back to a built-in interpreter. Nothing about your statements or packs depends on it.
Getting started
From a QuickBooks login to the first pack.
01
Connect
Authorize QuickBooks Online with read-only accounting scope. Plametrix pulls the window from the prior fiscal year start to the last full month and reconciles its own statements to QuickBooks' P&L and trial balance, to the cent, before it will load anything. For a pilot, upload a trial balance instead.
02
Define
Add the debt schedule and the covenant tests. Approve the metric definitions once; the same definitions run every month after that.
03
Deliver
The first morning after month end, the workspace syncs, the pack builds and your distribution list has it. Post the close later, re-sync, and the pack rebuilds the same day. The lender package is one click.
QuickBooks Online today. Sage Intacct and NetSuite by trial balance export; a direct Intacct connection is planned.
$3,000 a month per company. Everything above included.
No setup fee, cancel monthly. Start with a free 30-day pilot on one trial balance.