How Precisa’s Multi-User Financial Analysis Platform Serves Different Teams

Lending has never been a one-person job. Credit risk managers, compliance officers, and other financial teams must review the same applicant bank statements before making a decision.

However, doing this manually without the right financial analysis platform can lead to costly errors. Consider this: data shows that 43% of occupational frauds were caught through tips, not systems, showing just how much slips through the cracks.

That’s why smart teams use Precisa, a cloud-based, multi-user financial analysis platform. Let’s explore how it works for multiple users. 

Why a Financial Analysis Platform Should Work for Every Team

In lending, no team works in isolation. So, if your financial analysis platform can’t serve all teams, you’re stuck with multiple tools and duplicate work. 

Moreover, a one-size-fits-all approach isn’t effective either. Each team needs tailored access to the same verified data, without losing accuracy.

That’s where Precisa’s multi-user capability makes all the difference. Unlimited users can upload, review, and analyse statements simultaneously, eliminating siloed reviews.

The ACFE 2024 Report shows that 32% of fraud cases result from inadequate internal controls, often caused by siloed data and poor collaboration. 

Who Benefits from a Financial Analysis Platform and Why 

When it comes to making financial decisions, every team has its own challenges, but they need fast, accurate, and secure access to reliable data.

Here’s how various teams can use Precisa’s financial analysis platform to work smarter.

DSAs & NBFCs (Regional Lenders)

Instead of spending hours scanning PDFs and Excel sheets to spot irregularities, you can automate the entire process. Precisa automates bank statement reviews and analysis in minutes. 

With support for 1,000+ bank formats and up to 24 months of transaction history per account, you can categorise transactions, flag anomalies, and assess repayment potential with the Precisa score. Moreover, DSAs can process an application in 10 minutes using Precisa. 

High-volume lenders can cut processing times, reduce manual errors, and speed up loan approvals while maintaining compliance.

Forensic Teams & Government Investigators

Investigating fraud, especially complex money trails across multiple accounts, can be slow without the right tools.

Precisa speeds up the process with real-time bank statement analysis. In many cases, that means going from a month-long investigation to just half an hour.

The platform flags circular transactions, unusually large transfers, cheque tampering, and links to high-risk counterparties, so you can:

• Aggregate data from multiple accounts into one dashboard.
• Track patterns and detect layering in money laundering schemes.
• Identify suspicious counterparties faster for deeper investigation.

The platform uses AI-powered analytics to spot irregularities and pulls data from the source through account aggregator integration, making it accurate and secure. 

Chartered Accountants & Business Leaders

Manual reconciliation is time consuming and leaves room for error. Even in high-performing companies, analysts devoted the majority of their time to gathering data instead of actually analysing it. 

While automation has improved over the years, many teams struggle to bring tax data, bank statements, and other financial records into one unified view.

Instead, using Precisa lets you pull financial data into one place and reconcile tax records through GSTR integration. This makes it easy to:

• Identify revenue and expense anomalies 
• Generate audit-ready reports for shareholder updates

Major Financial Analysis Platform Features for Multiple Users

Precisa lets your teams work on the same case in real time without siloed reviews. Here are some major platform features:

Seamless Onboarding

Using a traditional financial analysis platform requires training, IT tickets, and weeks before you process your first case. With Precisa, you can go live within minutes. Invite unlimited users, set permissions, and start collaborating instantly. Whether it’s a DSA uploading documents or a CA reconciling accounts, everyone is in sync from day one. 

Massive Format & Bank Coverage

Dealing with different bank formats requires you to run custom scripts to get clean data. When handling multiple lenders, these format variations multiply, slowing down reconciliation.

With Precisa, that’s no headache. It supports 500+ banks and 1,000+ formats. We’ve already processed 232 million transactions from 1.5 million bank statements across 15+ countries. You can analyse and get results immediately.

Enterprise-Ready Architecture

When multiple teams handle sensitive financial data, one wrong access setting can lead to breaches and compliance violations.

Precisa’s multi-tenant architecture with role-based access control ensures only the right people see the right data. It’s built for regulated industries and keeps your information secure, compliant, and audit-ready. 

Integrated Data Sources

Manually pulling tax data, credit reports, and bank transactions from different systems creates bottlenecks. 

Precisa solves this with Account Aggregator connectivity for real-time, tamper-proof bank data directly from the source. Add GSTR and Credit Bureau integrations, and you get a complete financial profile including tax history, credit behaviour, and bank activity all in one place. 

Smart Dashboards & Exports

Identifying anomalies in endless Excel sheets is time-consuming even for a dedicated analyst. 

Instead, Precisa’s shared financial analysis dashboards let all team members view anomalies, patterns, and cash flow insights at a glance. You can export the results to Excel in a compliance-ready format so DSAs, CAs, and risk teams can work from the same verified data without duplication.

Key Takeaway

When financial teams work in silos, the process slows you down and compliance risk increases. That’s why government bodies like the DGGI and other investigative agencies rely on multi-user financial analysis platforms.

Precisa brings every stakeholder onto the same, secure, real-time system. This helps DSAs process loans faster and forensic teams trace money trails with ease. 

With built-in integrations, role-based access, and instant anomaly detection, Precisa makes collaboration efficient and accurate.

Explore Precisa today to give your teams the clarity they need for smarter financial decisions.