Recently, Hehe Information has joined hands with Yangtze United Financial Leasing Co., Ltd. to improve the automation and intelligence level of the financial leasing business process through intelligent text recognition, big data and other technologies, empowering lessees with due diligence and continuous risk monitoring throughout the entire life cycle. Assess risks, control risks, and build a digital risk control system for financial leasing.
Yangtze River Financial Leasing is a local state-owned financial leasing company established with Shanghai Rural Commercial Bank as the main sponsor holding 51.02% of the shares, integrating other industry shareholders and approved by the China Banking and Insurance Regulatory Commission.
According to industry insiders, financial leasing companies are financial institutions, relying on the resources of their parent banks, with abundant funds and low financing costs. They often undertake relatively large financial leasing projects, with high value of leased items and long repayment cycles. Looking at my country's overall financial leasing market, financial leasing shows the characteristics of a small number of companies and a large total amount of leasing transactions. Since the financial leasing business takes up a large amount of funds and takes a long time, and it is difficult to sell the leased property, it is necessary to strictly control the credit risk of the lessee and focus on operating the leasing business with credit standards. Before leasing, an in-depth due diligence investigation must be conducted on the lessee to ensure that the lessee has good credit and the project risks are controllable.
During pre-lease due diligence, Changjiang Financial Leasing requires the lessee to provide financial statements for the past three years, evaluate the lessee's financial status through financial analysis, and then analyze the lessee's profitability, solvency, investment income, development prospects, etc. Usually, it takes several hours for an account manager to manually enter a company's financial report, which is inefficient and costly. This time Hehe Information has reached a cooperation with Yangtze River Financial Leasing and deployed the TextIn financial reporting robot. Through the high-precision intelligent identification of the three financial statements by the financial report robot, it is seamlessly connected to the business system, and cooperates with system operation functions such as smooth financial standard configuration, account matching, trial balance verification, etc., to realize the automation of financial report identification and standardization of data entry. On average, it only takes 2-3 seconds to enter each page of financial reports, which greatly saves the time for entering financial reports, thereby improving the efficiency of financial report review and analysis.
’s deployment of a financial reporting robot is not the first cooperation between Yangtze Financial Leasing and Hehe Information. Prior to this, in order to strengthen the construction of the risk control system and effectively identify, control and resolve lessee credit risks, Yangtze Financial Leasing has reached a cooperation with Qixinbao, a subsidiary of Hehe Information, and connected Qixinbao through in-depth use of its accumulated information data. The enterprise big data provided enables full life cycle credit risk management of lessees from pre-lease to post-lease.
Yang Wen
proofreading Li Haihui
Source: Ziniu News
