ANALYZE BANK STATEMENTS INSTANTLY WITH CYGNET FAME BSA

Reduce Processing Time By 40%

INTRODUCTION

Bank statement is one the most trusted source for giving the visibility of all the transactions of a borrower required by a lender, a bank, a NBFC or any other financial institute. Thus there is an absolute requirement of such application which can help automate this process and generates the reports/score in order to check the credit worthiness of the loan borrower.

Cygnet FAME Bank Statement Analyzer, generates comprehensive, insightful, actionable reports comprising the information on cash flows, returns, loans, interest, limit utilization, etc. The solution auto analyses the bank statements for the loan approvals & reduces the processing time by 40%.

EXISTING CHALLENGES

  • DIFFERENT FORMATS: No standardization in formats of bank statements.
  • MANUAL ANALYSIS: Analyzing the bank statements manually is a tedious and time-consuming task.
  • DATA ACCURACY: Inspecting varied statements becomes difficult with multiple data points and validations.
Business challenges

DIFFERENT FORMATS

No standardization in formats of bank statements

MANUAL ANALYSIS

Analyzing the bank statements manually is a tedious and time-consuming task

DATA ACCURACY

Inspecting varied statements becomes difficult with multiple data points and validations

SOLUTION FEATURES

CLASSIFICATION CAPABILITY

EXTRACTION CAPABILITY

REPORTING CAPABILITY

CYGNET GRC SCORE

GRC Score or GST returns compliance score is a rating calculated based on the returns filing trends of a company. GRC score gives the analysis of GSTR-3B, over the last 12 months. All you need to do is enter your clients GSTN number and generate the GRC score.

Cygnet FAME BSA

Cygnet FAME Bank Statement Analyzer, generates comprehensive, insightful, actionable reports comprising the information on cash flows, returns, loans, interest, limit utilization, etc. The solution auto analyses the bank statements for the loan approvals

SOLUTION WORKFLOW

Cygnet FAME BSA Solution Benefits

Real time check of customers credit worthiness

Automates and speeds up the process by 40%

Less Manual Intervention, Speedy Output,

Generates customizable output reports

AN AUTOMATED FINTECH DECISION MAKING PLATFORM FOR

AN AUTOMATED FINTECH DECISION MAKING PLATFORM FOR

BANKS

NBFCs

FINANCIAL INSTITUTES

Analyzing Bank Statement Now Gets Faster & Easier