Autosift

1 review

Glib.ai Bank Statement Analyzer "Autosift" is an advanced tool designed to automate and simplify the process of analyzing bank statements. It leverages AI/ML technology to extract data from PDFs, scanned copies, or electronic formats of bank statements, regardless of structure or format. The solution is aimed at banks, NBFCs, lending institutions, and other financial entities that require a fast and accurate way to assess the financial health of their customers. Key Features: Automated Data Extraction: Extracts and organizes transaction details like debits, credits, balance, income, and expenses. Multi-Format Support: Handles diverse formats including PDF, scanned documents, or digital files. Comprehensive Analytics: Provides insights into income patterns, overdraft usage, and financial behavior, enabling faster decision-making for credit and risk assessment. Fraud Detection: Identifies suspicious or fraudulent activities by cross-verifying with other data points. Customizable: Tailored to meet the specific needs of BFSI companies, with integration options for existing platforms.

Finray

0 reviews

The Financial Statement Analyzer by Glib.ai is a powerful tool designed to automate the extraction, analysis, and reporting of financial statements. Utilizing advanced AI/ML technologies, the platform processes various financial documents such as balance sheets, income statements, and cash flow statements to generate actionable insights that enhance decision-making for financial institutions. Key Features: Multi-Format Support: The Financial Statement Analyzer processes financial data from a wide range of document formats, including PDFs, scanned documents, and electronic files. It efficiently handles both structured and unstructured data, making it adaptable to diverse data environments. AI-Powered Data Extraction: The tool automates the extraction of critical financial data from complex statements, ensuring high accuracy and reducing manual intervention. The system recognizes key financial metrics like revenue, expenses, net income, liabilities, and more. Comprehensive Financial Analysis: Once data is extracted, the platform analyzes financial ratios, trends, and other key indicators to provide a clear picture of an entity's financial health. This enables quicker, more informed decisions for lending, investment, or financial planning. Customizable Reporting: Glib.ai’s platform allows users to customize financial reports to suit specific needs, whether it's for internal analysis or regulatory submissions. The tool also supports integration with ERP and CRM systems, offering seamless incorporation into existing workflows. Fraud Detection & Risk Assessment: Built-in fraud detection algorithms identify anomalies and red flags within the data, ensuring the accuracy and legitimacy of the financial information provided. Compliance and Regulatory Support: The platform is designed to assist financial institutions in maintaining compliance with various regulations by providing audit-ready financial reports. It also helps with risk management by offering real-time insights and automated reporting. Ideal For: Banks and Financial Institutions: Automate the financial assessment process and improve credit decisioning by analyzing a company's financial standing more efficiently. NBFCs and Lending Institutions: Streamline risk assessments and loan approval processes with real-time insights from accurate financial data. Accountants and Auditors: Simplify the review process of large datasets from financial statements while ensuring compliance with industry standards. Benefits: Increased Efficiency: By automating financial data extraction and analysis, the tool reduces manual effort, improving operational efficiency and speed. Scalability: The platform can handle large volumes of financial documents, making it ideal for organizations that process high numbers of statements on a regular basis. Enhanced Decision-Making: With precise financial insights, users can make more informed credit decisions, assess investment opportunities, and improve overall financial risk management.

Invogo

0 reviews

The Invoice Analyzer by Glib.ai is a state-of-the-art solution designed to automate the extraction, validation, and analysis of invoice data. Using AI/ML technologies, the Invoice Analyzer processes both structured and unstructured invoices, helping businesses streamline their financial workflows, reduce errors, and increase operational efficiency. Key Features: Automated Invoice Data Extraction: The Invoice Analyzer can extract critical data from a variety of invoice formats, including PDFs, scanned documents, and images. It captures essential information such as invoice number, date, amount, taxes, and vendor details with exceptional accuracy. Multi-Format and Multi-Language Support: The platform is designed to handle invoices in multiple formats (PDF, JPG, PNG, XML) and various languages, making it versatile and adaptable to global enterprises and multi-lingual business environments. Data Validation and Accuracy Checks: The tool automatically verifies extracted data against pre-set rules or matching data fields, ensuring the accuracy of invoice details. This helps reduce human error, making financial reporting and compliance more reliable. Seamless Integration with ERP/CRM Systems: The Invoice Analyzer integrates easily with ERP platforms such as SAP and Oracle, allowing businesses to automate the end-to-end invoice processing cycle—from receipt to payment—without disrupting their existing systems. Fraud Detection and Risk Management: Advanced fraud detection algorithms flag discrepancies, duplicate invoices, or potentially fraudulent entries, ensuring that businesses only process legitimate invoices. Real-Time Reporting and Analytics: The tool provides real-time insights into financial data, enabling businesses to track invoice status, cash flow, and payment cycles. Customizable dashboards offer a clear view of all processed invoices and any anomalies detected. Ideal For: Accounts Payable Departments: Automate manual tasks, reduce the time spent on invoice processing, and ensure compliance with company policies. Financial Institutions and Banks: Quickly validate invoices for loans and financing, ensuring financial data integrity. SMEs and Enterprises: Scale operations by reducing manual intervention, improving accuracy, and speeding up payment cycles. Benefits: Increased Efficiency: Automating the entire invoice processing workflow leads to faster processing times, reducing the manual effort required for data entry and validation. Enhanced Accuracy: AI-driven extraction and validation ensure that invoices are processed accurately, minimizing the risk of errors in financial statements. Cost Savings: By reducing manual intervention and errors, businesses can cut down on operational costs and focus on high-value tasks. Scalability: Whether handling a few dozen invoices or thousands per month, the Invoice Analyzer scales effortlessly to meet growing business needs. Use Cases: Accounts Payable Automation: Streamline payment cycles and reduce the workload on accounts payable teams by automatically capturing and validating invoice data. Vendor Management: Easily track payments, manage vendor relationships, and maintain accurate financial records with real-time reporting. Compliance & Audit Preparation: Keep your financials audit-ready with automated tracking and error detection, ensuring that every invoice is properly validated.