Benefits
Digital bank statement analysis software
Bank statements are presented in a variety of formats, none of which are aimed at facilitating credit analysis.
Norton BSA converts the data contained in bank statements to a standard format and interprets it for the credit analyst.
It draws the attention of the credit analyst to important transactions, outliers, anomalies, and actionable indicators.
Norton BSA creates and highlights credit insights which provide great value, especially for the less experienced credit analyst.
This empowers the credit analyst to form an immediate opinion and ask the right questions, quickly.
It also performs a number of checks to highlight potential fraudulent and irregular transactions.
The software reduces staff costs and improves the turnaround time for credit decisions drastically.
A search function allows the credit analyst to look for particular amounts paid to or received from specific parties on any particular dates.
Norton BSA can be used for initial credit screening as well as ongoing credit assessments.
It is a low-cost and reliable tool for bankers, alternative and fintech lenders, accountants and fraud investigators.
