Introduction & benefits
With the aim to empower financial institutions & make informed lending decisions, Cygnet Fintech offers automated tech-enabled data driven platform that helps analyse various business data such as bank statements, ITR, financial statements, and more to identify financial risks of the businesses, improvise credit decisioning and digitally transform lending workflows for improved customer experience.
- Accelerate approvals and disapprovals
- Automate financial assessment for a quicker lending process
- Enable effective collaboration
- Eliminate human intervention hence less error
Credit assessment Platform
Simplify credit analysis & decision-making by monitoring and responding to risk parameters & examining the borrower’s creditworthiness
GST Return Compliance score
Calculate the GST returns compliance score, evaluate compliance best practices, track and respond to risk, secure business functionality, and identify potential non-performing assets
Bank Statement Analyzer
Auto-analyse the bank statements for loan approvals to generate a consolidated report with multiple statements and accelerate the decision making
Business Intelligence report
Analyze the borrower’s financial data such as GST returns, bank statements, and IT returns, and perform BI reporting that covers summaries, charts, trends, and business insights
Invoice verification module for trade finance
Perform an extensive health check of the invoices available for invoice discounting purposes by validating them through GSTN, IRP and NIC data
Financial statement analysis
Extract, clean, and analyse financial statements in the real-time present in the unstructured form to generate reports for effortless lending decisioning
Underwriting platform
Automate credit decisioning & lending approach by analysing borrower’s data points such as sales data, purchase data, GST data, bank statements and more, reducing risks and increasing the probability of the credit repayment
ITR Analysis
Analyse the borrower’s income streams, income tax return fillings, financial transactions, and much more
Digital Journeys
Makes use of cutting-edge technologies to provide a virtual experience of checking loan eligibility and end-to-end loan disbursal journey