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Financial-Statement-Analysis-Software-Aiding-Fintech-Growth
Bank Statement Analysis

Financial Statement Analysis Software: Aiding Fintech Growth

November 10, 2022 precisateam No comments yet

Financial statements contain important data regarding a business’s performance. They are report cards of a firm’s financial health and blueprints for future operations. Financial statement analysis is a strong tool that helps the C-suite in strategic decision-making. It is an activity requiring accounting expertise and knowledge of some bookkeeping programs. However, advanced financial statement analysis […]

Bank Statement Analysis

Why Bank Statement Analysis Is Important in Lending Risk Management

October 19, 2022 precisateam No comments yet

In the financial year 2020-2021, the value of non-performing assets (NPAs) reported by public sector banks in India stood at INR 6 Trillion, while private sector banks reported NPAs to the tune of INR 2 Trillion. The growth of NPAs, also called “bad assets”, is a growing concern for lending institutions. According to the Reserve […]

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Bank Statement Analysis

How Can Finance Data Research Apps Improve Company Decision-Making?

September 17, 2022 precisateam No comments yet

Financial data is an essential part of a company’s operations, which is used to obtain an accurate picture of an organisation’s financial health through properly maintained and well-presented financial data. Financial data analysis tools (financial data analytics) thoroughly examine a company’s financial data and prepare easy-to-follow reports. It enables businesses to make sense of their […]

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Understanding Precisa

Maximize your financial decisions with Precisa’s updated statement analysis software

July 29, 2022 precisateam No comments yet

Business owners often have to make smart, strategic decisions under pressure. Having access to critical financial information is necessary to help expedite this process. However, combing through bank statements can be a cumbersome, time-consuming process. Precisa’s financial statement analysis software is designed to scan through bank statements and gives you access to the exact information […]

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Bank Statement Analysis

How Can Bank Statement Analyser Tool Help You in Sanctioning Business Loan?

July 24, 2022 precisateam No comments yet

Artificial intelligence is redefining how industries operate at the surface level. The wave of digitisation has pushed businesses to provide their tech-savvy customers with cutting-edge services. The banking sector is adapting to the changing dynamics. The global AI in the banking industry was recorded at $3.88 billion in 2020 and is expected to reach $64.03 […]

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Bank Statement Analysis

Financial Statement Analysis Software Helps Lenders Decide

July 21, 2022 precisateam No comments yet

Every business has a unique story. While digital marketing and ad campaigns push a company’s brand narrative, a business’s bank statements tell the real story. Reading a bank statement, however, can be a labour-intensive, and overwhelming experience. Also, it can be easy to miss out on important details. This is where financial statement analysis software […]

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Understanding Precisa

Accelerate the Lending Process With Precisa’s Bank Statement Analyser

July 18, 2022 precisateam No comments yet

With our easy-to-use web application, we at Precisa aim to simplify the bank statement analysis (BSA) process by allowing you to upload bank statements and present actionable insights in a visually appealing, intelligent dashboard. Precisa’s BSA is an all-in-one AI-powered analytics platform designed to catch any irregularities in bank statements in real-time. It evaluates the […]

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Bank Statement Analysis

How Finance and Accounting Firms Can Benefit From Bank Statement Analysis

June 27, 2022 precisateam No comments yet

Bank statement analysis includes a review, breakdown, and analysis. This scan is done by commercial and retail banking, investment companies, financial institutions, and accounting and auditing companies. A bank statement analysis shows the records of all the transactions undertaken by the applicant, such as deposits, withdrawals, cash transfers, interest earned, debit card payments, bank service […]

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Fintech

9 Must-Have Tools for Fintech Startups

June 9, 2022 precisateam No comments yet

Financial startups! One of the buzzing sectors among a variety of startups. Today every form of financial engagement comes with some or other pain point for both customers and lenders. Hence, we see several innovative solutions in the market that address these issues and make the entire process more seamless. What’s more? Consumers prefer their […]

How-Is-Precisa-Better-Than-Other-BSAs
Bank Statement Analysis

What Makes Precisa Better Than Other Bank Statement Analysers?

May 30, 2022 precisateam No comments yet

Automated bank statement analysers have become the engines that drive borrower assessment. A BSA allows you to flex your analytical muscles and put creditworthiness under scrutiny. But not all bank statement analysers are made equal. Here’s why Precisa is better than the others. 9 Features that make Precisa Outperform other BSAs Precisa bank statement analysis […]

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