Precisa is the most technically credible statement extractor in the Indian market, and it is worth understanding exactly why it is not a Greenote competitor. Precisa is built for lenders assessing a borrower's bank statements, not for accountants writing a client's books. Their own guidance says so directly. It also names the failure mode every CA in this category will recognise: ledger names in the converted file not matching what already exists in Tally is the most frequent reason an import fails.
“Precisa isn't built to generate Tally XML files, and if that's your only requirement, a dedicated Tally conversion tool is the more direct fit.”
What Precisa costs
| Plan | Price | What you get |
|---|---|---|
| Free trial | Free | 3 accounts, 7 days portal access |
| Pay per use | ₹100 per bank account | incl. GST, prepaid. Up to 12 statements per account, 1 month access |
| Pay as you go | ₹14,000 prepaid | incl. GST, auto-recharge. 200 bank accounts, up to 18 statements each, 1 year, unlimited users |
| Custom | On request | unlimited accounts, scanned statements, APIs, CAM reports, GSTR and credit analysis |
Prices include GST and are prepaid. Metering is per bank account rather than per statement, which suits occasional deep analysis of a few accounts far better than routine monthly bookkeeping across a client base. Prices above were read from Precisa's own published pricing on 8 August 2026. Pricing changes, so confirm on their site before you decide.
Precisa and Greenote, side by side
When Precisa is the better choice
Greenote is not the right answer for every practice. These are the cases where we would tell you to stay where you are.
You are assessing a borrower rather than writing books. Precisa is built for credit analysis, and its fraud detection, cash-flow scoring, CAM reports and Account Aggregator connector are things Greenote does not attempt at all.
You need to read a SCANNED statement. Their Custom tier handles scans. Greenote deliberately refuses them rather than OCR-ing a photograph and handing back confident-looking numbers.
You only touch a handful of accounts occasionally. At ₹100 per bank account there is no annual commitment, and for three or four accounts a year nothing here is cheaper.
You need GSTR analysis and credit report analysis alongside the bank statement, in one place.
Why CAs move to Greenote
The statement never leaves the PC
Your firm stays the data fiduciary for your client's bank data under the DPDP Act, and you can answer the question a client actually asks: who is storing this, and who else sees it.
Nothing is metered
Unlimited statements on every plan, including the lowest one. No page credits, no entry counts, no month where the tool stops working.
The counterparty gets named
Greenote reads the narration for who the transaction was with and binds it to a ledger that already exists in your Tally company, instead of dropping everything into Suspense.
A one-time option exists
The Founding licence is ₹9,999 once for lifetime use on one PC, capped at 100 members. Every direct competitor is annual-only.
Test it on the statements you actually get
The only comparison worth anything is the one run on your own clients' banks. The trial takes a card-free signup and seven days.
Precisa alternative: common questions
- Is Greenote a direct replacement for Precisa?
- For turning Indian bank statements into Tally vouchers, yes. Greenote reads statement PDFs, Excel and CSV files, classifies each transaction, names the counterparty where the narration allows it and posts all seven voucher types into Tally Prime or Tally ERP 9. Where the two differ is that Greenote is Windows desktop software that processes files on your own PC, while Precisa is a cloud service that processes uploaded files on its own servers.
- How much does Greenote cost compared with Precisa?
- Greenote is ₹4,999 a year for one PC with unlimited statements, and ₹8,999 a year for up to five PCs. Extra machines are ₹1,500 each per year. There is also a one-time Founding licence at ₹9,999 for lifetime use on one PC, capped at 100 members. Precisa pricing as published on 8 August 2026 is set out in the table on this page. Check their current pricing before deciding, since prices change.
- Can I try Greenote before switching from Precisa?
- Yes. There is a 7-day free trial and no card is required to start it. Run your own client statements through it during the trial, since the only comparison that matters is how each tool handles the banks your clients actually use.
- Does Greenote issue a GST invoice?
- No. Greenote is not GST-registered, so no GST is added to the listed price and the amount shown is the amount charged. The trade-off is that there is no GST invoice and therefore no input tax credit for your firm. If input credit matters more to you than the headline price, a GST-registered vendor is the better commercial choice.
Compare with other tools
CypherEdge alternative
The closest structural match: desktop software, per-PC licensing, statements to Tally. The comparison comes down to price, the statement cap and what an extra PC costs.
Suvit alternative
Cloud automation for Indian accounting firms, acquired by Vyapar in late 2025. Flat per-firm pricing and browser access, with the data-location questions that come with any cloud tool.
Vouchrit alternative
Cloud statement-to-Tally with the cheapest entry point in the category, priced by parallel logins and by transaction volume rather than by machine.
Parsify alternative
Indian cloud converter that markets party-name cleanup for direct Tally import, priced monthly by statement count rather than annually by seat.