The GST rollout has helped generate much more authentic data for lenders to evaluate their customers.
Perfios offers a unique solution where our clients can fetch raw data of the applicant from the GST portal or from GSTR forms which can be uploaded by the applicants. Perfios provides a real time analysis of the company based on the GST-R fillings done on a monthly basis. Using the GST data, our clients can assess the recent financial health of the applicant’s business and get insights on the sales and purchase invoices.
Perfios' GST Analysis, is now available with Multi-GSTIN support.
Perfios GSTR reports give direct insights into monthly revenues of the company and show the trend movements in the business. It gives a clear picture of the top customers, cyclicity of the business, major suppliers, working capital gap and can fetch annual performance figures.
Using the GST reports provided by Perfios, clients can easily build verification services to check the active status of the companies, address, TAN, geographical presence and latest tax filing status.
For more information, read our blog on 'Strengthening SME Lending with Multi GSTIN'.