What is Ready2Credit (R2C) ?Ready2Credit is an OCR based digitization engine that can analyse various scanned financial statements and also integrate other data sources to provide a detailed credit assessment memo (CAM) at a much lower TAT than what is available in market currently. R2C engine extracts and analyses extensive data points for Eg - 1. IBT (Inter Bank transfers)2. ITR (Income tax returns)3. Card Sales4. Inward/Outward Return 5. EMI as per Bureau/Banking6. Stress Days7. Debit/Credit8. Daily BalanceWhy is Ready2Credit required ?1. In business lending more than 80% of the files are sourced through DSA's.2. Documents received through this source are extremely poor quality images (blurry, low resolution, have punch marks, stamps and hand written text and are xeroxed multiple times)3. Such files require significant effort and expertise to digitize which means huge commercial investment in training and housing digitization teams for Bank/NBFC.4. Quick, effective processing of documents which increases overall efficiency of lending is a cost and time intensive activity.Ready2Credit Highlights -1. Improved TAT with accurately classified data at reasonable cost.2. Ability to extract/classify data points like none other.3. Ability to handle extremely poor scanned documents.4. 24/7 availability.5. Agile team with flexibility to evolve and adapt to client needs.6. Strong tech and support team to scale activities at minimal notice.7. One stop solution for digitisation and priming scanned loan files to become credit read.Ready2Credit additional services -- CREDIT PROCESSING & APPRAISAL- CUSTOMER PROFILE VALIDATION- DOCUMENTS COLLECTION & REVIEW- FRAUD & RISK CONTROL- TRANSACTION PROCESSING- RESOURCE SUPPORT & PROCESSING