Automate data extraction, enhance accuracy, detect fraud, and accelerate decision-making with South Africa's intelligent bank statement solution.
In the rapidly evolving landscape of financial services, where precision and speed are paramount, the challenges associated with extracting data from bank statements can become significant roadblocks. Efficiently parsing financial information is critical for accurately assessing financial health and risk.
Teams spend countless hours manually keying in data, causing operational bottlenecks.
Manual entry risks inaccurate assessments, compliance breaches, and poor decisions.
Significant resources consumed managing large volumes of statements manually.
Identifying sophisticated fraud or tampered documents manually is difficult and slow.
Slow processing delays approvals, causing customer dissatisfaction and missed opportunities.
Manual workflows bottleneck quickly, making it difficult to handle growing statement volumes efficiently.
Optimized Bank Statement Extractor (OBSE) is an advanced OCR and data aggregation platform designed specifically for the South African financial landscape. It seamlessly extracts comprehensive, accurate data from any bank statement (individual or juristic, across all SA banks), regardless of format – including PDFs, scanned images, stamped documents, and even disorganized statements.
OBSE transforms raw bank statement data into actionable financial intelligence in seconds, eliminating manual drudgery and empowering your teams to make faster, smarter decisions.
OBSE simplifies complex data extraction into a streamlined workflow.
Easily upload single multi-month PDFs or separate monthly files.
Powerful engine reads, structures, and validates data in seconds.
Analyzes transactions, identifies income, flags fraud indicators.
User-friendly interface to review, recategorize, and view insights.
Export data (Excel, PDF) or integrate results via API.
Explore the powerful capabilities that drive OBSE's performance.
Processes statements in seconds (avg. 9-12s), drastically reducing manual effort.
High accuracy, handles various fonts, obscured text (stamps), and similar characters.
Handles statements from all major SA banks and various formats (PDF, scanned, stamped).
Accurately detects both salaried and non-salaried income, explains findings, and intelligently filters out internal transfers for clearer financial insights.
Detects document tampering, fraudulent insertions, and developing behavioral profiling.
User-friendly interface for real-time transaction recategorization with immediate recalculations.
Push structured, validated data directly into your credit scoring or loan origination systems.
Intuitive dashboards for insights into cash flow, income sources, and spending patterns.
Monitor processing volumes, success rates, average times, and user performance.
Download results as structured Excel, formatted PDFs, or copy data easily.
Includes automated validations and data reviews for uncertain extractions.
Maintains a detailed log of processing steps and user interactions for compliance and traceability.
Experience tangible benefits that impact your bottom line and efficiency.
Cut statement analysis from hours to minutes/seconds.
Minimize human error with advanced OCR and validation.
Reduce reliance on manual data entry staff and overheads.
Proactively identify tampered documents and suspicious activity.
Speed up loan applications, credit assessments, and onboarding.
Base assessments on accurate, comprehensive, fast data.
Streamline workflows and free up staff for higher-value tasks.
Ensure consistent and accurate data handling.
OBSE delivers a suite of standard financial summaries and detailed data points essential for informed decisions:
Built on a foundation of cutting-edge technology to ensure performance and accuracy.
Fine-tuned for diverse SA bank statements, handling stamps and challenging inputs.
Continuously improves interpretation, context analysis, and fraud detection models.
Intelligently structures data, validates entries, and applies rules for consistency.
Robust and secure API for seamless and safe integration with your existing systems.
OBSE provides critical data and automation for a wide range of applications.
Lending & Credit Origination (Personal, Vehicle, SME)
Credit Risk Assessment
Income Verification Automation
Affordability Calculations
Customer Onboarding (KYC)
Financial Health Monitoring
Internal Audit & Reconciliation
Fraud Investigation Support
Beyond our standard offerings, we understand unique needs. If you require specific information or analysis not in our standard package, we'll collaborate to develop tailor-made outputs aligned with your requirements. Our goal is to ensure OBSE exceeds your expectations.
We offer Proof of Concept (POC) engagements to demonstrate OBSE's capabilities with your data and workflows, allowing you to evaluate its potential impact before full commitment.
See OBSE in action! Schedule a live demo tailored to your specific use case and discover how OBSE can streamline your operations, reduce costs, and mitigate risk.
