What is a Flash Proof of Cash? A Flash Proof of Cash is a high-confidence preliminary cash reconciliation completed in the early stage of due diligence, before a full engagement is formally scoped. It quickly surfaces material discrepancies — or confirms the books hold together — so buyers and advisors can make a go/no-go decision before committing significant diligence resources. QoEAgent produces a Flash Proof of Cash in the window between a letter of intent and full diligence, the stage where lower-middle-market deals most often stall.
Why the Flash Proof of Cash exists
In lower-middle-market transactions, the period between a letter of intent and the start of full diligence is often where deals die quietly. The buyer’s team has limited information, limited time, and a seller who may not yet be fully cooperative with data requests. The Flash Proof of Cash is built for exactly this window.
How it works
- Ingest — Upload the available bank statements and accounting/GL exports. QoEAgent reads varied bank formats and chart-of-account structures automatically.
- Reconcile — The platform matches deposits, withdrawals, and transfers against the general ledger and reported revenue, separating operating from non-operating activity.
- Flag — Material discrepancies and low-confidence items are surfaced for review, with a clear preliminary read on whether the books hold together.
When to use a Flash Proof of Cash
- Screening a target before committing full diligence budget
- Managing multiple active engagements and needing to triage financial integrity fast
- Confirming seller-provided figures before a deeper QoE scope is agreed
A Flash Proof of Cash is not a replacement for a full proof-of-cash engagement. It is a triage tool that helps advisors and their clients decide where to focus time and attention once full diligence begins. Learn more about the full process in our guide to what a proof of cash is and why it matters.