Imperial Advisory Built an Online, Client-Facing PPP Loan Optimizer Tool Without Any Coding
The Challenge
Imperial Advisory provides outsourced CFO services to companies and help businesses increase their profits while reducing their risk. Their team built a tool to help deal with Paycheck Protection Program (PPP) analytics and guide businesses in maximizing their chances of full loan forgiveness. For this, they built a loan optimizer in Excel.
“Usually our work is of more consultative in nature, but in this case, we built this tool to be a stand-alone product. We ultimately decided that it had broader applicability, and we were trying to figure out how to turn it into an online tool when we came upon SpreadsheetWeb.”
The Solution
Using an Excel-based platform to deliver this web application meant that the Imperial Advisory team could utilize their Excel knowledge and did not have to hire a team of developers. SpreadsheetWEB ticked all the boxes, and proved to be the best solution for creating this online PPP optimizer.
“We considered putting the tool online using Google Apps or Google Sheets and having certain parts of it hidden. We also considered putting it on SharePoint or some kind of online server. Our plan was to have some version of the spreadsheet, and the challenge was figuring out what the front-end would look like and how the user would interact with it. The reason why we choose SpreadsheetWeb was because the interface looked cleaner. It didn’t look like we just made a spreadsheet. From the perspective of the potential buyer, it appeared more like a tool and not like some spreadsheet which we would just give a copy of”
The Results
With the help of the SpreadsheetWeb team, Imperial Advisory’s PPP Optimizer tool became available to their end users in a matter of a few weeks.
Given the urgency of publishing this tool, the timeliness with which the SpreadsheetWeb team completed this project, combined with the low costs associated with creating it, made it a success.
“If you have a big, complicated tool you need to get online, it’s a great interface and their customer service is great. In general, I would recommend SpreadsheetWeb, even for a larger project.”
