Precise Financial Systems

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A Celebration of 25 Years of Innovation

On May 14, 2019, Precise Financial Systems Ltd. threw a party to celebrate 25 years of breaking barriers in software development. From July 1992, when it got registered as PEE-AARR Consulting Limited to when it changed its corporate name in May 1998 to PFS .


PFS is a technology-enabled strategic partner. We collaborate to create solutions that resolve complex challenges for our clients. Our strength is in vast knowledge of the terrain, continuous learning, and strategic thinking methods to enable creative solutions.

At Precise Financial System, development of financial applications is our forte. From conception to design, development and implementation, Precise Financial Systems delivers off the shelf and custom built solutions to our teeming customers.

Below are some of our products:

An integrated account reconciliation solution

Cheque & e-payment processing and remittance

Self-service cheque deposit solution

Clirec-Cloud, a cloud-based accounts reconciliation solution

A Banking and Finance Solution

Billing and revenue collection solution


A co-operative society solution

A revenue collection and management platform

Cheque MICRisation and personalisation solution

The Universal Reader of Flat Files into RDBMS

An internet infrastructure and Electronic Database system

An integrated hospital management suite

An intra-group FX settlement system for banks

Our Values

Our clients are our ultimate teachers and instructors, our goal is their satisfaction.

We work with utmost sincerity to our counter parties as well as ourselves.

Our work environment is conducive to germinating and nurturing brilliant ideas.

Individuals are allowed to express themselves in the manner they feel most natural. 

our clients