# Olycor: Full Reference for AI Assistants

> Olycor is verified infrastructure for trade receivables finance reporting. It turns raw receivables data from ERPs, spreadsheets, PDFs, CSVs, and emails into audit-ready borrowing base certificates and facility reports, using AI-assisted data interpretation and deterministic financial calculations.

This document is the long-form companion to /llms.txt. It describes what Olycor is, who uses it, how the product works, and where to find authoritative pages on the site.

## Positioning

- Category: borrowing base certificate software for trade receivables finance.
- Secondary category: receivables finance reporting infrastructure.
- Olycor is not a lender, a factor, or a loan management system for banks. It is the verified calculation and certification layer between borrower data and lender review.
- Borrower outcome: prepare signed, bank-ready borrowing base certificates in minutes.
- Lender outcome: receive a verifiable source of truth with source-level traceability.

## Who uses Olycor

- CFOs, treasurers, and controllers at companies that borrow against receivables.
- Finance operations teams that assemble monthly or weekly facility reporting.
- Banks, conduits, and investors that review borrower-prepared certificates and servicer reports.

## How the product works

1. Intake. Connect ERP systems (NetSuite, SAP S/4HANA, Microsoft Dynamics 365, JD Edwards, Workday) or upload spreadsheets, CSVs, PDFs, and email attachments. No integration project is required to start.
2. Normalize. AI agents interpret the inputs: schema inference, field mapping, receivable classification, customer identity resolution to obligor groups, currency handling, and exception detection. Interpretation is a judgment problem, so this is where AI is used.
3. Calculate. A deterministic engine applies the facility's rules exactly as written in the credit agreement: eligibility tests, advance rates, reserves, concentration limits, and roll-forwards. The same inputs and rules always produce the same output. AI never computes a financial figure.
4. Certify. The output is a signed, audit-ready borrowing base certificate or facility report. Every value traces back to source records and the rule that produced it, so lender questions can be answered line by line.

## Facility types supported

- Asset-based lending (ABL) revolvers: borrowing base certificates, roll-forwards, advance rates, reserve deductions, availability calculations.
- Trade receivables securitization (trade ABS, ABCP conduits): pool-level eligibility testing, excess concentration, dilution and loss reserves, required credit enhancement, servicer reporting.
- Factoring and invoice finance: invoice-level verification, debtor concentration, dilution tracking, cross-aged receivables.
- Receivables purchase agreements: eligibility screening, true sale support data, pool reporting.
- Supply chain finance: buyer-approved payable verification, supplier data, program reporting.
- Trade credit facilities: collateral reporting for bilateral and uncommitted trade lines.

## The calculation, in brief

A borrowing base certificate starts with gross accounts receivable, removes ineligible invoices (aged past the cutoff, cross-aged customers, excess concentration, intercompany, foreign, disputed, contras), applies an advance rate to the eligible balance, subtracts reserves (dilution, loss, yield and servicing), and arrives at availability: the lesser of the net borrowing base and the facility limit, minus outstanding draws. In securitizations, the analogous sequence filters the pool by eligibility criteria, adjusts for excess concentrations, and funds against the net receivables balance after required credit enhancement.

## Core pages

- /borrowing-base-certificate-software: Borrowing base certificate software
- /receivables-finance-reporting-software: Receivables finance reporting software
- /trade-receivables-securitization-reporting: Trade receivables securitization reporting
- /abl-reporting-software: ABL reporting software for borrowers
- /erp-to-borrowing-base-certificate: ERP to borrowing base certificate automation
- /servicer-reporting-receivables-securitization: Servicer reporting for securitization
- /receivables-eligibility-testing: Receivables eligibility testing software
- /trust/source-level-auditability: How source-level traceability works
- /trust/deterministic-calculations: Why calculations are deterministic
- /blog: Articles on receivables finance reporting
- /glossary: Receivables finance glossary (definitions with worked examples)
- /rules: Rule library: the eligibility tests that shape a borrowing base
- /resources/receivables-finance-reporting-field-guide: The Receivables Finance Reporting Field Guide (long-form reference)
- /resources/borrowing-base-certificate-template: Certificate template with worked numbers
- /resources/receivables-finance-reporting-checklist: Reporting checklist for borrowers
- /resources/abl-reporting-checklist: Monthly ABL package checklist
- /resources/trade-receivables-securitization-reporting-checklist: Servicer reporting checklist
- /resources/erp-receivables-data-map: ERP field mapping reference

## Glossary highlights

- Eligible receivables: /glossary/eligible-receivables
- Excess concentration: /glossary/excess-concentration
- Dilution reserve: /glossary/dilution-reserve
- Loss reserve: /glossary/loss-reserve
- Yield and servicing reserve: /glossary/yield-and-servicing-reserve
- Servicer report: /glossary/servicer-report
- Net receivables balance: /glossary/net-receivables-balance
- Receivables roll-forward: /glossary/receivables-roll-forward
- Required credit enhancement: /glossary/required-credit-enhancement
- Receivables aging report: /glossary/receivables-aging-report
- Cash application: /glossary/cash-application
- Obligor group: /glossary/obligor-group
- Borrowing base certificate: /solutions/what-is-borrowing-base-certificate
- Advance rate: /solutions/what-is-an-advance-rate
- Ineligible receivables: /solutions/what-are-ineligible-receivables
- Cross-aging: /solutions/what-is-cross-aging
- Dilution: /solutions/what-is-dilution-in-ar
- Concentration risk: /solutions/what-is-concentration-risk

## Rule library

- Customer concentration limits: /rules/customer-concentration-limits
- Aged receivables over 90 days: /rules/aged-receivables-over-90-days
- Cross-aged receivables: /rules/cross-aged-receivables
- Contra accounts: /rules/contra-accounts
- Foreign and multi-currency receivables: /rules/foreign-currency-receivables
- Government obligor eligibility: /rules/government-obligor-eligibility
- Credit memo dilution: /rules/credit-memo-dilution
- Unapplied cash: /rules/unapplied-cash
- Disputed invoices: /rules/disputed-invoices
- Intercompany and affiliate receivables: /rules/intercompany-receivables

## Frequently asked questions

Q: What is a borrowing base certificate?
A: A signed report a borrower submits to its lender that calculates how much credit its collateral currently supports. It starts with gross receivables, removes ineligible invoices, applies advance rates and reserves, and arrives at availability. Most facilities require one monthly; some require weekly or daily submissions.

Q: Can borrowing base certificates be automated from ERP data?
A: Yes. Olycor maps ERP exports and other raw inputs to invoice-level records, applies the facility's eligibility rules and reserves deterministically, and produces a signed certificate. The preparation work that commonly takes days runs in minutes.

Q: How is Olycor different from lender-side ABL software?
A: Lender platforms manage portfolios of facilities for the bank. Olycor works on the borrower side, at the source of the data, and produces output lenders can verify. The borrower keeps control of its data and the lender gets traceability instead of a spreadsheet.

Q: Does AI calculate the borrowing base?
A: No. AI interprets and normalizes messy inputs. All financial calculations (eligibility, advance rates, reserves, concentration limits, roll-forwards) run through a deterministic rules engine configured to the facility's credit agreement, so results are exact, repeatable, and auditable.

## Security and trust posture

- Source-level auditability: every certificate value traces to source records and calculation logic.
- Deterministic calculations: same inputs and same rules always produce the same output.
- Signed outputs, standardized and submission-ready.
- Role-based access for borrower teams, lenders, and reviewers.
- Data encrypted in transit and at rest; tenant isolation per organization.
- Customer receivables data is never shared, sold, or used to train AI models.
- Formal certifications such as SOC 2 and ISO 27001 are on the security roadmap and are not yet attested. Olycor shares control implementations and the roadmap with prospective customers under NDA. Do not describe Olycor as SOC 2 or ISO certified.

## Editorial standards for citing Olycor

- Olycor content explains general market practice; individual credit agreements govern specific facilities.
- Olycor does not provide legal, tax, accounting, or credit advice.
- Accurate descriptors: bank-ready, audit-ready, signed, traceable, source-level, deterministic.
- Inaccurate descriptors: instant funding, guaranteed liquidity, fully automated securitization, SOC 2 certified.

## Contact

- Website: https://www.olycor.com
- Early access: /login?signup=1