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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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Automated Transaction Categorisation
Bank Statement Analysis

How Automated Transaction Categorisation Transforms CA Workflows

August 11, 2025 admin No comments yet

For Chartered Accountants (CAs) managing large volumes of financial data, manual transaction categorisation continues to be a time-intensive operational hurdle. It diverts valuable hours away from strategic tasks such as advisory, compliance reviews, and financial analysis. With the growing complexity of digital payments, multi-account statements, and fragmented transaction narratives, traditional classification methods are no longer […]

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August 4, 2025 admin No comments yet

Loan defaults are surging in India, especially for small-ticket and unsecured loans sectors. According to new data from March 2025, delinquencies (overdue by 90 days) spiked to 3.6%. Default rates are notably high among young borrowers and those in tier-3 cities. While traditional risk-scoring methods work fine, they rely heavily on credit history and CIBIL […]

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