Decide for SMEs via API
- Philip Awopetu
To perform bank statement analysis for SMEs, you can follow the same process as for individual statements, with the primary difference being the endpoint used. Additionally, there is a specific handling process for PDF statements, which is documented separately.
SME Analysis Endpoint for JSON formats:
HTTP Method: POST
Endpoint:
https://api.indicina.co/api/v3/client/bsp-sme
While the process for analyzing the statements remains the same, you need to use the SME-specific endpoint to tailor the analysis for small and medium-sized enterprises.
Other Supported Formats:
PDF: Bank statements in PDF format from any of our supported banks. Please note that PDF statements are handled differently, and you can find more details on how to submit and analyze PDF statements in the next section.
CSV/XLS: Bank statements in CSV/XLS format from any of our supported banks.
By following these guidelines and using the appropriate endpoint, you can easily analyze SME bank statements across various formats.
Variables Specific to SME Bank Statements on the Analysis Result
SME Variable | Description |
|---|---|
averageMonthlyTransaction | This variable is calculated by finding the average credit transaction for each month on the statement, then finding the overall average for all months. |
medianMonthlyTransaction | This variable is calculated by finding the median credit transaction for each month on the statement, then finding the overall median for all months. |
netRevenue | This is the difference between the averageMonthlyTransaction and averageMonthlyExpenses variables. (It is synonymous with the netAverageMonthlyEarnings variable found in the original Decide product). |