Skip to content
Email: contactus@precisa.in
Phone number: +91 98450 76647
  • Products
    • Bank Statement Analysis
    • GSTR Analysis
    • Credit Report Analysis
    • Anti-Money Laundering (AML) Analysis
    • Account Aggregator Integration
    • DSA Service
    • Forensic Investigation
    • API Integration
  • Industries
    • NBFC
    • DSA
    • Govt. Departments
    • CA Firms
    • Forensic
    • Fintech
    • Enterprise
    • Advisory
    • International
    • TSP
    • Private Lender
  • Solutions
    • Use Cases
      • NRI Bank Statement Analysis
      • GSTR Analysis Tool
      • ITR Analysis Tool for Lenders & Tax Professionals
      • Fraud Detection
    • Supported Banks
      • All Supported Banks
      • Indian Banks
      • US Banks
      • Middle East Banks
      • Malaysian Banks
      • International Banks
      • European Banks
      • Canadian Banks
      • African Banks
      • Payment Banks
    • Blog
  • Clients
  • Pricing
  • Sign In
Try Now
Bank Statement Analysis

Scanned Bank Account Parsing for Easier Research

July 20, 2021 Precisa Team No comments yet
Introducing-Precisa’s-Scanned-Bank-Statement-Parsing-Feature

Precisa is an automated bank statement analysis platform that provides real-time bank statement analytical capabilities and reduces the need for manual intervention.

Along with a host of beneficial features to make the evaluation process easy, Precisa has now integrated Scanned Document Parsing. With this new feature, lending institutions can conveniently upload bank statements in a scanned format in addition to the pdf format, thereby providing greater flexibility.

Upload Scanned Bank Statements for Improved Ease of Use

With the proliferation of banks – both public sector and private, there are several formats of bank statements that make it cumbersome to undertake efficient and standardised analysis for critical loan evaluation decisions.

The introduction of scanned bank statement parsing makes it easier for lending institutions to accept varied formats of bank statements. There is no need for a loan assayer to do a manual entry; what is needed is a simple scanning of the physical images which can then be easily uploaded in the system.

Once the scanned statements are uploaded, the BSA engine automatically parses through the statement and generates a report with crucial insights to simplify decision-making. This helps institutions in quick credit assessment and real-time decision-making, in turn reducing turnaround time to improve customer satisfaction.

How to Use?

The Precisa Bank Statement Analyser can be seamlessly integrated with your existing systems to complete your lending lifecycle management process. The BSA engine supports scanned/downloaded bank statements in the following file formats:

  1. PDF/XLS/CSV/TXT/RPT
  2. PNG/JPEG/JPG

The bank statement analyser then gets to work to extract data from the statements, dissecting and categorising transaction patterns, detects any anomalies, and assigns an overall creditworthiness score termed as the Precisa score.

Check out our guide on uploading bank statements here

Try Precisa with a 14-day risk-free trial to know more.

  • Automated Bank Statement Analysis
  • Bank Financial Statement Analysis
  • Bank Statement Analysis Tools
  • Credit Appraisal Software Tools

Post navigation

Previous
Next

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Categories

  • Bank Statement Analysis (179)
  • Credit Appraisal (48)
  • Digital Lending (124)
  • Fintech (82)
  • NBFC Software (8)
  • Understanding Precisa (25)

Recent posts

  • UPI Bank Statement Patterns
    6 UPI Bank Statement Patterns That Signal Fraud and Credit Risk
  • Bank Statement Analyser for NBFCs
    Bank Statement Analyser for NBFCs: What to Evaluate Before You Buy
  • How Precisa Cross-Analysis Reconciles GST and Bank Statement Data
    How Precisa Cross-Analysis Reconciles GST and Bank Statement Data

Tags

Account Aggreagtor AI in Fintech API To Get Bank Transactions Automated Bank Statement Analysis Bank Bank Accounts Bank Financial Statement Analysis Bank Statement Analysis Bank Statement Analysis API Bank Statement Analysis Tools BNPL cash flow Co-Lending credit analysis Credit Appraisal Credit Appraisal Software Tools Credit Assessment Credit Bureau Data Quality and Integrity Digital Lending Due Diligence early warning signals Embedded Finance Financial Data Analysis Tools Financial Inclusion Financial Industry Financial Security Financial Statement Analysis Software Fintech Fintech Companies FOIR Fraud Investigation GSTR GSTR Analyser ITR Analysis Lenders Loan Management System Money Laundering MSME MSME loan NBFC Open Banking Precisa RBI Transaction Categorisation

Continue reading

Bank Statement Analysis Tool
Bank Statement Analysis

5 Reasons Lenders Switch Their Bank Statement Analysis Tool

May 25, 2026 Precisa Team 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. […]

Bank Statement Analysis
Bank Statement Analysis

Best Bank Statement Analysis Software in India 2026: An Honest Comparison

May 18, 2026 Soma Sharma No comments yet

A VP of Credit at a mid-sized NBFC in Pune ran a vendor evaluation last quarter. Her team processed more than 3,000 loan applications monthly on a manual review cycle that had let two fabricated bank statements through in Q3 2025. She needed a specialist tool, not a feature inside a larger platform her team […]

FIFO to Track Money Movement
Bank Statement Analysis

How Forensic Auditors Use FIFO Analysis to Detect Financial Statement Fraud

May 9, 2026 Precisa Team No comments yet

The Reserve Bank of India’s Annual Report for 2024-25 recorded banking fraud at ₹36,014 crore, a near-tripling from the ₹12,230 crore reported the previous year. Over 92% of that value was tied to the loan portfolio. A significant portion involves financial statement fraud: borrowers inflate revenues, suppress liabilities, or misrepresent cash flows to secure credit. […]

Mumbai

403, Mayuresh Chambers, 4th Floor, Sector 11, CBD Belapur, Navi Mumbai, Maharashtra 400614

📍Locate us

Pune

Rachana Park, 3rd Floor, Atreya Society,
Off. Senapati Bapat Marg,Wadarvadi, Pune,
Maharashtra – 411016

Links
  • About
  • Cancellation Policy
  • Terms Of Use
  • Privacy Policy
Subscribe to our newsletter

Sign up for our weekly newsletter to get the latest news, updates & amazing offers delivered directly in your inbox.




    © All Rights Reserved • Precisa • MADE WITH ❤️ & ⚡ IN INDIA.