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Understanding Precisa

Why Choose Precisa as Your Trusted Bank Statement Analyser?

November 29, 2022 precisateam No comments yet
Why-Choose-Precisa-As-Your-Trusted-Bank-Statement-Analyser

Precisa is a cloud-based bank statement analyser with intelligent automation designed for decision-makers in the lending, insurance, wealth management, and personal finance industries.

It can help reduce NPAs, create risk profiles, and make smart lending decisions with features like:

1. All Bank Accounts Analysis

In addition to providing analysis at an individual bank account level, Precisa’s bank statement analyser also provides a combined analysis of multiple bank accounts.

2. Fraud Detection

Precisa’s bank statement analyser detects and flags 12 different types of irregularities, such as RTGS transactions under ₹2,00,000 and round figure tax payments, that may be fraudulent.

3. Top-Notch Counterparty Detection

The Counterparty tab shows detailed data on a business’s benefactors and recipients, providing insights into the key people the business is dealing with.

4. Broad Bank and Format Coverage

Precisa supports 390+ Indian and international banks and 850+ formats. You can also add a new bank format to the bank statement analyser, with support available within 4-8 hours.

5. Mature API Availability

Integrating Precisa’s bank statement analyser into any existing application is easy and secure.

Make Smarter Decisions With Precisa

With our user-friendly bank statement analyser, we aim to make the analysis process simpler while providing actionable insights on an easy-to-use dashboard so that you can make better lending decisions.

Request a free demo today!

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Hidden Cost of Manual Bank Statement Analysis
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The Hidden Cost of Manual Bank Statement Analysis: Why 2-Hour Processing Leads to Higher NPAs

September 3, 2025 admin No comments yet

When lenders think of adopting technology, they mainly focus on customer-facing platforms, speed of disbursal, or digital onboarding. But there’s a less visible process that actually carries massive consequences for portfolio health: bank statement analysis. The way NBFCs and DSAs handle this step can make or break the way they detect risky borrowers early. According […]

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We see this often with DSAs—long days spent chasing leads, assessing eligibility, and preparing applications, only to have hours disappear into manual verification, document sorting, and fragmented compliance checks.  DSAs tell us the same thing repeatedly: processing a single case can take over two hours, slowing growth and making it harder to keep up with […]

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We’re excited to announce the release of the most significant update of Precisa, delivering enhanced Pay-Per-Use capabilities and automatic government benefits detection in transactions.  This release addresses the top user requests for flexible credit purchasing whilst advancing financial inclusion through intelligent transaction categorisation. Available now for all Precisa users, this update fundamentally changes how lenders […]

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