AI BalanceSheet Analysis
Overview -
save thousands of hours
Use Artificial Intelligence to scan and convert scanned BalanceSheet in minutes. Simplify the review of submitted balance sheets and save thousands of hours. Try now for free.
A typical balance sheet may consist of 20 to 400 scanned pages.
A typical process requires finding the right pages like Notes, Balance Sheet, Cash Flow, Profit and Loss takes hours then requiring analysis of the values to decide the credit factor of the customer. This all adds up too many pain staking hours of work per application.
The Balance Sheet Analysis tool greatly reduces a burdensome process and saves time (up to 80%) thus saving large sums of money.
The Balance Sheet Analysis tool gives you a fully auditable digital balance sheet document within minutes.
What is it?
The Balance Sheet Analysis Tool is an online Software that helps to quickly convert the dirty scanned image PDF files of Balance Sheets into meaningful data.
This tool is not limited to scanned pdf images. Huge pdf's in the plain text format can be converted into meaningful data in no time. Export this into various formats
It uses the mix of Artificial Intelligence, Machine Learning, Computer Vision and Human Programming logic to give the highest accuracy moreso than any other software available in the market.
Balance Sheet Analysis Tool ensures a highly accurate output in no time.
What does it solve?
Get a 3-7 page Balance Sheet breakdown of a 100 and more pages within minutes.
Large PDF's take long to open up on a computer. Balance Sheet Tool gives you a shortlisted pdf as soon as you upload it with extremely high accuracy in minutes.
Find meaningful values from a Balance Sheet
Once our tool finds the Shortlisted pages, it uses computer vision, Artificial Intelligence and Machine Learning to extract values from the PDF.
Each value is extracted against the particulars like Trade receivable, Current Assets, and Non-Current assets etc.
How does it work?
Smart Analysis:
Get meaningful data from the original balance sheet within minutes in 5 easy steps
AI Analysis:
Nowadays, a bank or auditor executive spends around 4-6 hours a day to just analyse the balance sheet which is 100 pages long.
Smart Summary:
With Balance Sheet Analysis tool it uses state of the art tested Ai to give an overview of the product
Advanced Artificial Intelligence to save you time and money
Accurate Review:
Give shortlisted pages for user reviews, resulting in 100% accuracy.
Trusted Review:
Reduce the time required by more than 90% to analyse the balance sheet.
Financial Breakdown:
Categorised the particulars and figures from the scanned pdf balance sheet into Assets, Liabilities, Current Assets, and NonCurrent Assets, etc. giving a clear picture to auditors and bankers for further analysis.
Easy Export:
Data can be downloaded in the excel format which is widely accepted by many other systems and it’s the most generalised format accepted by any credit software.
Smart Download:
Option to download shortlisted pages in pdf format will help the user to quickly analyse balance sheets even if they are too dirty for software to analyse numbers.
High guaranteed security for - all your documents
What You Get
Major International Bank is using Balance Sheet to Provide Corporate Loans.
A Balance Sheet was the only document they required initially to process the corporate loans from $1 Million - $100Million plus
From the provided balance sheet the bank extracted information like
- Working Proof of Concept (PoC)
- Liabilities
- Receivables
- Inventories
- Cash and Equivalents
- Operative Profits
- Net Profits
Problem With Balance Sheet Analysis - COSTS
The balance sheet of big corporates
signed off by chartered accountants were quite lengthy anything from 30 to 400
pages.
Some of them were scanned images, and
could not be copied.
Scanned text too dirty to be deciphered
by any software through standard OCR.
Each balance sheet analysis used to take
around 4 to 8 hours, to fetch the required information and put that in excel format
to be more readable.
This excel data was then submitted to the
credit rating software.
For all this processing, the bank had
in-house staff which was proving to be costly for management.
Previous Work Around By Management (OutSourcing)
- This work around is implemented by Many Banks.
- Management created a software which has GUI and access login for Vendor.
- Vendor used to enter the Balance Sheet information into the UI and then submit the information back to Bank in a more readable format
- This has saved the cost to some extent over permanent staff but the time has increased and quality has reduced to some extent.
- This requires verification by banking staff.
What We Deliver
Perfect Solution - AI | ML | NLP With Human Logic
We handle everything required to launch your product
