Explore everything you need to know about trend analysis of financial statements, including key techniques, benefits, and practical applications. Learn how to evaluate financial performance over time to make informed business decisions and identify emerging trends effectively.
Bank Statement Analysis is the process of examining a bank statement to assess an individual’s or business’s financial health. It involves evaluating cash flow, income, expenses, and transaction patterns to verify creditworthiness, detect fraud, or support financial decisions.
A Bank Statement Analyser helps automate income verification, identify spending patterns, detect fraud, assess credit risk, and determine loan eligibility. It's a crucial tool for financial institutions, lenders, and businesses to streamline decision-making.
