With the release of the new Accounting Standard Update issued by the Financial Accounting Standards Board, ARCSys created the ACL (Allowance for Credit Loss) Calculator. This proprietary software is designed to minimize and simplify the workload required to adhere to the new regulations regarding FAS 5 and FAS 114, all while maintaining ongoing compliance with FASB Standard.
Operating as a software-as-a-service Web-based platform, the software is compatible with any operating system, making data integration from any institution’s core processor(s) possible.
