A Perfios alternative for the audit desk, not the lending desk
If you searched for a Perfios alternative, it is worth being clear about what Perfios actually is: an enterprise platform that helps banks and NBFCs make lending decisions. Greenote does a different job. It is a self-serve tool a practising CA uses to turn one client's bank statement into a party-wise ledger and an ITR summary for audit finalisation.
What Perfios is
Perfios is an Indian fintech platform for bank-statement analysis, KYC, and fraud and risk assessment, sold to financial institutions. Banks, NBFCs, and fintech lenders use it, and it is trusted by more than a thousand of them. It is API-first and built to be integrated into a credit-decision workflow, and it works with the Account Aggregator framework. What it returns is lending intelligence: income verification, cash-flow scoring, EMI obligations, and anomaly or fraud detection, produced at the scale a lender needs. It is a serious platform, bought through enterprise sales and integration, and it is built for the job it does.
Where Perfios is the better choice
Banks, NBFCs, and fintech lenders that need income verification, cash-flow scoring, and fraud checks wired into their credit-decision workflow at scale.
Greenote Lite vs Perfios, point by point
Who it is built for
Greenote Lite
A practising CA finalising one client's books during statutory or tax audit.
Perfios
Financial institutions: banks, NBFCs, and fintech lenders underwriting borrowers.
The job it does
Greenote Lite
Analyses a statement into a party-wise ledger of who paid whom, every transaction categorised and named, a category summary, and an ITR summary with AIS and SFT flags.
Perfios
Scores a borrower: income verification, cash-flow scoring, EMI obligations, and fraud or anomaly signals for a lending decision.
How you buy it
Greenote Lite
Self-serve. Verify your email with a one-time code, no password, no card, no sales call. First statement free, then Rs 49 for one, packs available, no subscription.
Perfios
Enterprise sales and API integration, bought and wired in by an institution.
What you feed it
Greenote Lite
An Excel or CSV bank statement you export from netbanking. PDF statements are handled by the separate Greenote Desktop app.
Perfios
Statement and financial data pulled through APIs and the Account Aggregator framework.
What happens to the data
Greenote Lite
The statement is processed in memory and deleted the moment the report is ready. Files are never stored.
Perfios
Data flows through an institutional platform integrated into the lender's own systems.
Which one should you use?
Pick Greenote Lite if Pick Greenote if you are a practising CA who wants to drop one client's Excel or CSV statement in and get an audit-ready party ledger and ITR summary back, paying only for the statements you actually process.
Pick Perfios if Pick Perfios if you are a bank, NBFC, or lender that needs borrower scoring, income verification, and fraud checks built into a credit-decision workflow at scale, because for that job it is the right tool and Greenote is not.
Questions CAs ask
Not really, and it would be misleading to say so. Perfios supports lending decisions for financial institutions; Greenote helps a practising CA finalise one client's account. If you are underwriting borrowers at scale, Perfios is the right platform, not Greenote.
Greenote Lite reads Excel and CSV statements, the versions you export from netbanking. If you need PDF statements converted, that is handled by the separate Greenote Desktop app, which converts PDF and exports to Excel or Tally.
No. That is lending intelligence, which is Perfios territory. Greenote gives you the audit view instead: a party-wise ledger of who paid whom, every transaction categorised and named, a category summary, and an ITR summary with AIS and SFT flags.
No sales call. Your first statement is free once you verify your email with a one-time code. After that it is pay-per-statement, Rs 49 for one, with packs available and no subscription.
See it on your own client statement
Upload an Excel or CSV statement and judge the party ledger, categorisation and ITR summary yourself. Your first statement is free, no card, and the file is deleted the moment the report is ready.