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Understanding Precisa

Why Choose Precisa as Your Trusted Bank Statement Analyser?

November 29, 2022 Precisa Team 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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Precisa Score for Bank Statement Analysis
Understanding Precisa

What the Precisa Score Measures in Bank Statement Analysis

June 13, 2026 Soma Sharma No comments yet

Every lending decision in India eventually runs through a credit bureau check. The CIBIL score, or its equivalent from Experian, Equifax, or CRIF High Mark, tells the lender how a borrower has managed credit in the past. That’s useful, but it has a known blind spot: the borrower who has never borrowed before, or one […]

How Precisa Cross-Analysis Reconciles GST and Bank Statement Data
Understanding Precisa

How Precisa Cross-Analysis Reconciles GST and Bank Statement Data

May 27, 2026 Soma Sharma No comments yet

Running a bank statement analysis and a GSTR analysis in separate passes is the standard approach for most credit teams. Precisa supports both. Each gives you something useful on its own. The problem is that neither tells you whether the two pictures of the borrower are consistent with each other.  A business can show clean […]

Bank Statement Analysis Tool
Bank Statement Analysis

5 Reasons Lenders Switch Their Bank Statement Analysis Tool

May 25, 2026 Soma Sharma No comments yet

Switching a bank statement analyser mid-operation isn’t something a credit team does on a whim. There’s data migration to worry about, workflow retraining, integration work, and (if the tool touches a loan origination system) a whole IT conversation that nobody particularly enjoys. So when a team does decide to switch, there’s usually a specific reason. […]

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