Table of contents
Automated Bank Statement Analysis
Precisa offers powerful automated bank statement analysis that can process statements from over 600 banks, significantly reducing the time and effort needed for manual financial document review.
Fraud Detection Capabilities
The platform includes built-in fraud detection features that can identify tampered or manipulated bank statements, helping lenders and financial institutions mitigate risk and prevent fraudulent applications.
Wide Bank Coverage and Format Support
Precisa supports bank statements from a vast number of banks and accepts multiple file formats including PDF, Excel, and scanned documents, making it versatile and adaptable for diverse client needs.
API Integration
Precisa provides robust API integration options, allowing businesses to seamlessly embed bank statement analysis capabilities into their existing workflows, lending platforms, and fintech applications.
Comprehensive Financial Reporting
The platform generates detailed financial reports including cash flow analysis, ratio analysis, and borrower creditworthiness assessments, enabling faster and more informed lending decisions.
The product is very easy to use and understand. It surfaces important facts from multiple bank statements of same or different period. Getting beneficiary details from the bank statements used to be really tough but Precisa gives them neatly in an excel for further processing.
We used Precisa to generate CAM sheet for lending. It quickly summarised lengthy bank statements, pull GST and Tax information on borrowers via API and Credit bureau also via API- we could implement our filtering rules and could easily arrive at our lending decision
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