Perfios Reviews & Ratings

4.3/5

“A Smart Tool for Loan Processing and Credit Checks”

Our finance team uses Perfios to help with loan processing. It pulls in all the financial data we need from the customer's bank accounts and creates smart reports we can use to make decisions. This has helped us cut down the time it takes to check someone’s credit info. The only issue is that some reports take longer to generate, but overall, it has made our loan approvals faster and more accurate.

Pros : Makes it easy to check credit data and process loans faster.

Cons : Some reports take a bit of time to load.

Switched from : CredFlow

Reason to switch : We used to use CredFlow, but switched to Perfios because it gave us deeper financial reports and was easier to integrate into our workflow.

4.2/5

“Reliable for Financial Data Aggregation”

Perfios helps us collect and analyze financial data from various sources. It simplifies credit decision-making by providing a clear picture of a client’s financial status. However, we’ve faced some bugs, and the lack of customization can be limiting.

Pros : Aggregates financial data effectively and provides useful insights.

Cons : Limited customization options and occasional bugs.

Switched from : FinBox

Reason to switch : We explored FinBox for more customization but found Perfios more reliable overall.

4.2/5

“Excellent for Digitizing Bills”

In my insurance company, we use Perfios to digitize bills. The OCR technology works well, converting paper bills into digital format quickly. It saves us time and reduces errors. However, the cost is a bit high for smaller companies like ours.

Pros : The OCR feature makes digitizing bills easy and accurate.

Cons : The service can be expensive for small businesses.

Switched from : Zoho Expense

Reason to switch : We tried Zoho Expense for a more affordable option but returned to Perfios for its superior OCR capabilities.

4.2/5

“Great for Personal Finance Management”

I use Perfios to manage my personal finances. It lets me track spending, set budgets, and monitor investments. The tools are comprehensive, but the interface isn’t very user-friendly, which can be frustrating at times.

Pros : Offers comprehensive tools for managing personal finances.

Cons : The user interface could be more intuitive.

Switched from : Walnut

Reason to switch : I tried Walnut for a simpler interface but missed Perfios’s detailed features.

4.2/5

“Efficient for Financial Document Management”

Perfios assists in managing financial documents, making it easier to retrieve and analyze them. It’s efficient and saves time. However, the lack of customization in certain features can be limiting for specific needs.

Pros : Helps in organizing and managing financial documents effectively.

Cons : Some features are not customizable.

Switched from : ClearTax

Reason to switch : We considered ClearTax for more customization but preferred Perfios’s efficiency.

4.2/5

“Good for Pre-Issuance Verification in Insurance”

We use Perfios for pre-issuance verification in our insurance processes. It automates checks and ensures compliance with regulations. The system works well, but during holidays, communication slows down, which can delay processes.

Pros : Automates pre-issuance checks effectively.

Cons : Communication during holidays can be improved.

Switched from : Karza Technologies

Reason to switch : We considered Karza for better holiday support but stayed with Perfios for its comprehensive features.

4.1/5

“Great for Tracking All My Finances in One Place”

I started using Perfios to manage my personal finances. It’s helpful because I can link all my accounts and see everything in one place. It even updates automatically, so I don’t have to enter transactions manually. The reports help me understand where my money goes. However, the design looks old, and it took me a while to figure out how to use all the features.

Pros : Perfios lets me see all my bank accounts and credit cards in one dashboard.

Cons : The interface is a bit outdated and takes time to get used to.

Switched from : Mint

Reason to switch : I switched to Perfios because it supports Indian banks better than Mint.

4.1/5

“Helpful for Budgeting but Needs Better Support”

Perfios has been useful for setting up budgets and tracking expenses. It categorizes my spending and helps me plan better. But when I had issues linking a new account, customer support took a long time to respond and didn’t solve my problem quickly.

Pros : Offers good budgeting tools and financial planning features.

Cons : Customer support is slow and not very helpful.

Switched from : YNAB

Reason to switch : I considered YNAB for better customer support but stayed with Perfios for its Indian bank integrations.

4.1/5

“Useful for Bank Statement Analysis”

Perfios helps us analyze bank statements for our clients. It processes data fast and provides insights that aid in financial assessments. The initial setup was costly, but the efficiency it brings makes it worthwhile.

Pros : Analyzes bank statements quickly and accurately.

Cons : High initial setup cost.

Switched from : CreditVidya

Reason to switch : We tried CreditVidya for a lower cost but returned to Perfios for its accuracy.

4/5

“Helpful for Tax Preparation”

I started using Perfios mainly to help with my taxes. It makes it really easy to keep track of my investments and figure out my capital gains. The reports it gives are clear and save me a lot of time when I file my taxes. At first, it was a bit confusing because there are so many tools and reports, but once I got the hang of it, it made tax season much less stressful.

Pros : Perfios calculates capital gains and helps with tax reports.

Cons : It takes a little time to understand all the features.

Reason to switch : I moved from TaxSpanner to Perfios because Perfios gave me better insights on my capital gains and investment tracking, not just tax filing.