Bank Statement Analyzer

Make quicker and well-informed decisions
with real-time credit decisioning and risk assessment

Hero

Trusted by leading businesses

In-depth analytics

Relevant insights,
at your fingertips

Assess credit worthiness with a complete financial health check and onboard your customers with confidence.

360° risk assessment

Get a comprehensive overview with multi-account analysis, income verification, spend analysis, and cross-document reconciliation.
Early warning signals

Mitigate risk with early detection of document tampering, fraudulent income infusion, cheque bounces and more.
Ready-to-use reports

Customize your reports or choose from one of our templates designed for retail, SME, home, auto, and over 20 other loans & financial products.
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Bridge the gap

Physical → Digital

From agent-driven to self-service journeys, enable your customers to submit bank statements digitally, in a few simple steps.

In-built OCR

Our advanced OCR engine can extract data from scanned bank statements, passbooks, canceled cheques or even JPEG/PNG images captured from smartphones.
Account Aggregation

Embed top account aggregators to obtain bank statements, investments, deposits & GST returns through secure and consent-driven journeys.
Plug-n-play APIs

Integrate our easy-to-use APIs and generate comprehensive reports in Excel, JSON or XML
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Powered by AI

Intelligent automation

Eliminate operational bottlenecks and reduce manual effort to transform your workflows.

Smart Reconciliation

Cross-validate and reconcile bank statements with credit bureau reports, payslips, IT & GST returns and other auxiliary documents.
Checks & validations

Automatically perform checks and validations for data sufficiency & vintage. Ensure that the input documents meet your criteria with our intelligent validation engine.
Faster turnaround

Get results in seconds, not hours. Eliminate manual effort and reduce operational costs.
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The complete toolbox for credit decisioning

No blind spots and no guesswork. Onboard and lend with confidence.

Identify and consolidate related-party transactions and key financial ratios across multiple bank accounts.

Detect income-related transactions such as salary, dividends, deposits & other miscellaneous sources.

Smart categorization provides a comprehensive analysis of your borrowers’ expenses, EMIs & spending habits.

Assess a business"s ability to repay loans by evaluating its financial health and operational efficiency

Documents processed
10 million+
Insights generated
3 billion+
Man hours saved
1.2 million+

Questions? Answers.

Here are some frequently asked questions. If you have any other questions, please feel free to contact us.

What is Glib's bank statement analyzer, and how does it work?

Our bank statement analyzer is a financial decisioning automation suite that uses AI-driven data extraction and context assessment to categorize data from bank statements and related documents . It performs OCR (Optical Character Recognition) on scanned documents, followed by NLP (Natural Language Processing) to extract, categorize, and classify transactional data.

How does Glib's bank statement analyzer ensure data accuracy?

Our bank statement analyzer uses advanced machine learning algorithms, including error correction mechanisms and data validation techniques. Its deep-learning models are trained on a wide variety of bank statements to recognize and categorize transactions accurately, achieving accuracy rates up to 98%.

How secure is Glib's bank statement analyzer with sensitive financial data?

Our system is compliant with all major data protection laws within major geographies. It is primarily an API driven tool which uses HTTPS protocol that ensures end-to-end data encryption. While in transit as well as at rest. We also follow a data masking for PI data and have a configurable data purging utility.

Can Glib's bank statement analyzer integrate with third-party applications?

Yes, we offer API integrations that allows it to be connected to CRMs, ERPs, and other custom softwares or portals, facilitating seamless data transfers and workflow integration.

Does Glib's bank statement analyzer provide analytics or only raw data extraction?

Our bank statement analyzer not only extracts raw data but also provides analytics, such as spending trends, average monthly expenses, transaction categorization, and income patterns. These insights support financial assessment and decision-making.

How does Glib's bank statement analyzer handle multiple currencies?

Our bank statement analyzer has multi-currency support and can identify currency types from statements. Exchange rates can be configured to calculate values in a base currency if required.

Make better and accurate decisions

Learn how AI-powered insights can help you eliminate bottlenecks and transform your organization.