Bank Statement, as we know, is an account of all our financial transactions over a month. It shows the available and existing balance, deposits made , withdrawals done, penalties due and much more. An analysis of this statement provides information about the financial story of an account holder. Now, the question is, why do we need to analyze a bank statement? Good banking records help in preparing accurate financial statements.
ScoreMe, a fintech software company, has developed a tool for analyzing bank statements. A team of experts from varied domains with a passion for providing resolute solutions, have designed this software. When a person or a firm applies for loan in any bank, then the latter examines the prospective applicant’s credit worthiness. In such case, bank statements analyser are a reliable prospect, which give information about the financial position of the borrower.
Few challenges which are met in this process are :
However, ScoreMe’s innovative software is a one stop solution to all these issues. The tool can be used for :
Apart from the above, the added advantages that this software are as follows :