Bank X-Ray gathers data from multiple sources: open banking and automated extraction of bank statements. It automatically analyzes this information and gives a visual report of the company's cash transactions.
Bank statements are an incredibly rich source of information. They give an insightful view of the company's financial health. For small businesses, banking transactions are the best reflection of their day-to-day management. Bank X-Ray can detect signs of economical distress, misbehavior from the management, and, in the more dramatic cases, fraud attempts.