Revolutionize Your Lending and
Credit Processes with OBSE
Automate data extraction, enhance accuracy, detect fraud, and accelerate decision-making with South Africa's intelligent bank statement solution.
The High Cost of Manual Bank Statement Processing
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.
Slow & Labor-Intensive
Teams spend countless hours manually keying in data, causing operational bottlenecks.
Prone to Human Error
Manual entry risks inaccurate assessments, compliance breaches, and poor decisions.
High Operational Costs
Significant resources consumed managing large volumes of statements manually.
Limited Fraud Detection
Identifying sophisticated fraud or tampered documents manually is difficult and slow.
Long Turnaround Times
Slow processing delays approvals, causing customer dissatisfaction and missed opportunities.
Scalability Challenges
Manual workflows bottleneck quickly, making it difficult to handle growing statement volumes efficiently.
OBSE: Automated Accuracy, Speed, and Insight
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.
From PDF to Insights in Seconds
OBSE simplifies complex data extraction into a streamlined workflow.
Upload
Easily upload single multi-month PDFs or separate monthly files.
Automated Extraction
Powerful engine reads, structures, and validates data in seconds.
Analysis & Fraud Checks
Analyzes transactions, identifies income, flags fraud indicators.
Review & Interact
User-friendly interface to review, recategorize, and view insights.
Access & Integrate
Export data (Excel, PDF) or integrate results via API.
Unlock Deeper Financial Understanding
Explore the powerful capabilities that drive OBSE's performance.
Automated Data Extraction
Processes statements in seconds (avg. 9-12s), drastically reducing manual effort.
Advanced OCR Technology
High accuracy, handles various fonts, obscured text (stamps), and similar characters.
Comprehensive SA Bank Coverage
Handles statements from all major SA banks and various formats (PDF, scanned, stamped).
Intelligent Income & Salaried Detection
Accurately detects both salaried and non-salaried income, explains findings, and intelligently filters out internal transfers for clearer financial insights.
Enhanced Fraud Detection
Detects document tampering, fraudulent insertions, and developing behavioral profiling.
Dynamic Data Interaction
User-friendly interface for real-time transaction recategorization with immediate recalculations.
Seamless API Integration
Push structured, validated data directly into your credit scoring or loan origination systems.
Visual Analytics & Reporting
Intuitive dashboards for insights into cash flow, income sources, and spending patterns.
MI Dashboard & Performance Tracking
Monitor processing volumes, success rates, average times, and user performance.
Multiple Export Formats
Download results as structured Excel, formatted PDFs, or copy data easily.
Built-in Accuracy Checks
Includes automated validations and data reviews for uncertain extractions.
Comprehensive Audit Trail
Maintains a detailed log of processing steps and user interactions for compliance and traceability.
The OBSE Advantage: Transform Your Operations
Experience tangible benefits that impact your bottom line and efficiency.
Dramatically Reduce Processing Time
Cut statement analysis from hours to minutes/seconds.
Ensure High Accuracy & Reliability
Minimize human error with advanced OCR and validation.
Lower Operational Costs
Reduce reliance on manual data entry staff and overheads.
Strengthen Fraud Prevention
Proactively identify tampered documents and suspicious activity.
Accelerate Turnaround Times
Speed up loan applications, credit assessments, and onboarding.
Improve Decision-Making
Base assessments on accurate, comprehensive, fast data.
Enhance Operational Efficiency
Streamline workflows and free up staff for higher-value tasks.
Improve Compliance
Ensure consistent and accurate data handling.
Actionable Intelligence at Your Fingertips
OBSE delivers a suite of standard financial summaries and detailed data points essential for informed decisions:
- Basic Transaction Summary
- Debit Order Analysis
- Disposable Income Calculation
- Affordability Assessment Data
- Income & Expenses Breakdown
- Detailed Transaction List (Exportable)
- Fraud Indicators & Flags
Leveraging Advanced Technology for Reliable Results
Built on a foundation of cutting-edge technology to ensure performance and accuracy.
Advanced OCR Engine
Fine-tuned for diverse SA bank statements, handling stamps and challenging inputs.
Machine Learning
Continuously improves interpretation, context analysis, and fraud detection models.
Data Structuring & Validation
Intelligently structures data, validates entries, and applies rules for consistency.
Secure API
Robust and secure API for seamless and safe integration with your existing systems.
Empowering Various Financial Processes
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
Flexible Solutions Tailored to Your Needs
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.
Ready to Transform Your Bank Statement Processing?
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.