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Understanding Precisa

Leverage Precisa’s API Integration to Credit More Loans With Less Work

November 25, 2022 precisateam No comments yet
Leverage-Precisas-API-Integration-To-Credit-More-Loans-With-Less-Work

Precisa’s bank statement analyser is a cloud-based analytics solution with smart automation designed for decision-makers in lending, insurance, wealth management, and personal finance.

Bank statements are good indicators of a business’s or individual’s income, expenses, and spending patterns. Analysing the data from bank statements gives a reliable picture of the applicant’s current performance and future growth prospects.

And we aim to simplify this analysis process with our easy-to-use bank statement analyser. It allows you to fetch the data in real-time from the source or upload bank statements & GSTR documents. Moreover, it presents actionable insights in a user-friendly dashboard.

Precisa’s bank statement analyser extracts data from the bank statements, classifies and categorises transactions, analyses the data, detects fraudulent transactions and other anomalies, and assigns an overall creditworthiness score.

Spend More Time Lending and Less Time Analysing

Our bank statement analyser can be used as a stand-alone Web app or integrated with an existing Loan Origination, Loan Management System, or any other system using APIs. Now lenders can prepare quick loans for borrowers by providing relevant, accurate, and timely data.

With the integration of Precisa’s bank statement analyser’s application programming interface (APIs), lenders can now add real-time financial data analytics capability to their existing applications.

To know more, book a free demo today.

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