Decision Support for Credit Assessment
Financial Assessment Made Easy
A powerful tool designed for banks and NBFCs to assess the credit worthiness of their loan prospects by combining data from multiple sources including income tax returns, bank statements, MCA portal and GST data.
How FAME Works
Cygnet FAME presents multiple reports, ratios and financial analysis based on the data of a company available in its GST returns, bank statements, income tax returns and company profile on MCA portal. Using these reports, banks and NBFCs can get deeper insights into the company’s business including top customers, vendors, revenue and expense trends and other relevant information that might affect the company’s credit assessment.
Increase Efficiency and Reduce Risk In Your Credit Decisions
Analyse critical transactions such as round tripping to raise red flags
Build loan offers on the fly based on customer needs and profile
Track business results of client to assess the risk of defaults
- Increased efficiency through automated decisions
- Build loan offers on the fly based on the fly based on customer needs
- Enhanced analytics based on customer and business data
- Reduce the time, cost and risk in customer/vendor evaluation
- Decisions based on complete and authentic information
The FAME Business Insights Report
- Get access to reports using only a PAN number
- Get 25+ tables and charts in a single click
- Important business insights on a single page
- Comprehensive Business Performance Overview based on GST data
The FAME Advantage
- Assess credit worthiness in real time
- Save costs through automation
- Create loan offers on the fly based on needs
- Indicative monthly evaluation of P&L and Balance Sheet at a group and state level
The FAME Business Insights Report
Return Filing Information
This report shows the details about the GST returns filed through the financial year. It also highlights the months in which the returns were not filed.
Sales Summary and Bifurcation
This report creates summaries for sales month wise and also gives you your total sales from B2B and B2C channels along with credit notes information.
Sales Documents Bifurcation
This report generates summaries of B2B, B2C as well as credit notes summary in case of B2B sales. This information indicates months and customer category where sales have been high and where product returns have taken place
Credit/Debit Note Raised vs Sales Bifurcation
This report will show you the product returns made as against the sales and can indicate problem areas with your products and highlight improvement areas.
Sales by Tax Rate, by State and YoY Comparison
These reports will give vital information on how much tax is paid on each product sold, state wise sales performance as well as trends on YOY basis
Top 10 customers Every Month
This report will highlight the major chunk of customers where business needs to concentrate more and also highlight the need to diversify risk by adding more big customers.
Purchase Summary and Bifurcation
These reports will highlight the major vendors, problem areas where purchase returns are very high and a need to change such vendors and bifurcation of purchases month wise and B2B and reverse charge wise too.
Purchase by Tax Rate, by State & YoY Comparison
This report will indicate the GST paid on inward supplies, state wise purchases and purchase trends. It will help identify whether there are any unusual trends in these parameters
Top 10 Vendors Every Month
This report will indicate the top vendors for the business and their percentage in the total purchase. This will highlight which vendors are more important to the business
Total Tax Payment Trend
This is a very insightful report providing tax payment pattern during the period under consideration and hence providing with predictions for months where we paid more tax. This will help provisioning for tax.
Total ITC Available vs Claimed Report
ITC report will indicate whether there is a major variance in ITC available vs claimed that will reveal any major reconciliation points.
Sales vs Purchase Variance
Sales vs Purchase trends are a major indicator of business and will produce very important data for decision-making.
HSN summary both quantitative and monetary
These various reports are generated HSN wise basis HSN / SAC codes, unit price, sales vs HSN etc. These will give a fair idea on the variety of products the business deals in and sales made against each HSN/SAC code.
Round Tripping Transactions
The round tripping transactions report indicates those transactions where there has been some sale and purchase within group and these are many times done to favourably impact sales position. Any unusual spike here can raise red flags for corrective action.
- Exclusive offering for banks and NBFCs
- Assessment of credit worthiness of clients
- Business Intelligence reports for in-depth analysis
- Analysis of critical transactions to raise red flags
- Automation of the process of loan disbursal with more authentic data.
Download a Sample FAME BI Report