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Showing posts from December, 2022

Fraud Analytics Software: An All-In-One Risk Management Solution

  The regulatory grip has tightened in areas like anti-fraud, anti-bribery, and anti-money laundering. Fraud, corruption, and abuse are, however, inexorable—and ever-changing. Fraud analytics software adopts a dynamic fraud and bribery detection approach which aids in ironing out these complications. It fits in analytical technology with human interaction to spot potentially improper transactions, such as fraud and bribery, before or after they occur. The process of fraud analytics entails collecting and preserving pertinent data, as well as mining it for patterns, anomalies, and irregularities. The findings lend valuable insights, helping firms manage possible dangers before they happen. Features of Fraud Analytic Software Unsupervised models that are not restricted by rules are frequently used in fraud analysis software, allowing it to detect new trends and patterns as well as uncover fraudulent schemes and possibilities with precision, free from human error. The traditional app...

GSTR Analysis software: A complete solution for NBFCs, FinTech, and Banks

  The Indian economy is on a revival path after the unprecedented and challenging situation faced during the covid period. Among the several financial indicators, the data relating to Goods and Services Tax (GST) collections reveals a buoyant economy. GST collections have continuously exceeded Rs 1.40 lac crore over the last six months which is a positive sign of revival at the macro level. The GSTR analysis software is designed to help businesses fetch data from online government portals and simplify the registration and filing of complex data. Benefits of GSTR Analysis Software The GSTR analysis software can act as an indicator to depict the financial position of an enterprise, be it an MSME or a large corporate. The GST Analyser tool can therefore come in handy for the lenders like Banks /NBFCs and Fintechs in using it as a tool for assessment of credit proposals and for arriving at effective credit decisions. The GSTR Analysis tool analyses raw data from the GSTN server to pr...