Pice is a fast-growing B2B payments and expense management platform that helps businesses streamline vendor payments, manage credit, and simplify day to day financial operations. With features like automated reconciliation, intelligent payment workflows, GST input credit optimization, and embedded credit solutions such as invoice discounting, Pice empowers SMEs to operate with greater efficiency, liquidity, and compliance.
As the platform expanded its lending and credit offerings, access to accurate, real-time business data became essential for underwriting risk effectively and enabling faster, more reliable credit decisions while continuing to build merchant trust.
CHALLENGE
Reliable Risk Assessment for SME Lending
In invoice discounting and SME lending, underwriting decisions rely heavily on the authenticity and financial health of businesses. Pice faced several challenges in evaluating borrower credibility, including inconsistent or incorrect GSTIN data submitted by merchants, limited visibility into business activity and compliance status, and manual verification processes that slowed down credit decisioning. Without real-time validation, risk assessment became less reliable, increasing potential exposure and causing delays in disbursals.
SOLUTION
Real-Time GST APIs with Sandbox
To strengthen its underwriting engine, Pice integrated Sandbox’s GST APIs directly into its credit workflows, enabling real-time access to reliable business data. This allowed Pice to instantly verify GSTIN status and business identity, validate legal and trade names against authoritative GST records, and derive consistent signals to assess business activity and compliance. By embedding this real-time GST intelligence into its underwriting logic, Pice was able to evaluate borrower profiles more accurately, reduce uncertainty, and make credit decisions with greater speed and confidence.
RESULTS
Faster Credit Decisions and Stronger Risk Control
With automated GST verification and data enrichment, Pice significantly enhanced its lending operations. Real-time access to verified GST data reduced dependence on manual checks, enabling faster underwriting and quicker credit approvals. The availability of accurate business and compliance information strengthened risk assessment, improving borrower credibility analysis and lowering overall risk exposure. At the same time, automation minimized back-and-forth verification efforts, driving greater operational efficiency.
By embedding GST intelligence into its core systems, Pice built a scalable, data-driven lending infrastructure that supports faster growth while maintaining strong risk controls.
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