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 .


PAYiT is a complete multi-channel payment system that incorporates detailed and flexible transactional workflow in payment up to validation, accounting, online signatures, payment register, multi-channel funds transfer, printing and entry posting.



  • Payment fraud eradication
  • Consistent and elegant payment document
  • Drastic reduction in time required to process payments
  • Complete elimination of manual input into payments
  • Efficient & secure payment process etc.

Interested in getting PAYiT, the most complete multi-channel payment system for your organization?


  • Security & Control: Access to the software is generally controlled through password, the renewal of which is periodically enforced.


  • Flexible Print Device: PAYiT does not require any specialized printer to operate. It is applicable to any windows-configurable print device, whether laser or dot matrix technology.


  • Unlimited & Flexible Payment Instrument Templates: PAYiT maintains user-definable payment instrument templates including cheques and banker’s requirement for electronic transfer. This feature offers flexibility in defining peculiar attributes of different layout of cheques and format for electronic data exchange with bankers for any given customer’s/contractor’s account.

  • Online Endorsement: PAYiT offers an option for online endorsement/signature/approval of payments irrespective of desired channel through which the payment is to be effected. The endorsement of authorized signatories are captured and maintained in a machine- readable form only.


  • Flexible Query: The system allows for series of queries based on each or combined of objects on each record. All queries can be viewed, printed and even exported to diverse file formats including HTML, Microsoft Excel, Plain Text and DBF in standing report format.


  • Access Control: Access to specific feature on the system is further controlled to ensure adequate segregation of duties-Module Restriction.

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