Upgrade the Lending Process With Precisa’s Cross-Analysis Feature

Precisa is a cloud-based, intuitive analytics system with intelligent automation developed for lending, insurance, wealth management, and personal finance decision-makers.

Bank transactions are good predictors of a company’s or individual’s revenue, costs, and, most crucially, spending habits. When paired with GST returns data, bank transaction data provides a reliable picture of a company’s current performance and future growth potential.

Precisa seeks to make such processes easier by offering bank transactions and GSTR analysis through our simple online application, which allows customers to input documents and retrieve data in real-time from the source.

In addition to streamlining the analysis process, Precisa assists users in gaining important insights into an entity’s current performance and future growth potential through the cross-analysis of bank account transactions and GSTR data. Users must provide their bank account and GST return information, and Precisa will do the rest.

Precisa’s cross-analysis tool, which incorporates real-time Bank Statement Analysis and GSTR Analysis, provides a 360-degree view of a company’s financial health.

The cross-analysis feature allows users to compare bank data with GSTR data of a specific entity and derive insights such as identifying the overall creditworthiness of the entity, compliance rating score, stability of inflow and outflow activities taking place in the account, to verify fluctuations, detect and flag any fraudulent transactions, and many more such insights are provided to help users back their financial decisions.

Precisa can be used as a stand-alone web application or integrated with an existing Loan Origination, Loan Management System, or any other system using APIs.

Watch the video to learn more about Precisa’s cross-analysis feature.