Hyderabad, June 2023: Recordent, a leading credit management platform, provides free access to their analytics feature as part of their CrediEye Product suite. This addition aims to provide Micro, Small, and Medium Enterprises (MSMEs) with valuable data insights and forecast trends, enabling them to make informed decisions, drive business growth, and enhance profitability. The analytics tool with free access is available for all MSMEs on the Recordent platform.
The analytics brings a holistic view to every business. The intuitive Dashboard provides BI (Business Intelligence) reports to MSMEs simplifying data visualization & making data analytics accessible to those even without technical know-how.The comprehensive set of automated tools; analyses MSME sales, receipts, overdue invoices, and customer data. The Analytics module includes six screens from the Dashboard. The screens include Sales Invoice Level Analysis, Sales-Customer Level Analysis, Receipts (Payment) Analysis, Overdue Analysis-Invoice Level, Overdue Analysis-Customer Level, and Customer Analysis. Users can navigate through the different screens to gain deeper insights into their business performance. These screens and multiple filter options provide a detailed breakdown of key metrics, allowing MSMEs to gain actionable intelligence from the data they input into the platform.
“We are thrilled to introduce our Free Analytics feature onto our platform. This initiative is part of our ongoing commitment to strengthening MSMEs by providing advanced tools and insights to help them succeed in business. With the right data and analytics tools, businesses can make informed decisions in real-time, leading to increased accuracy and efficiency and staying ahead of the competition.” said Recordent’s CEO, Mr. Winny Patro.
The launch of Free Analytics demonstrates Recordent’s commitment to providing MSMEs with the tools and resources they require to thrive in today’s competitive business environment.
The Free Analytics feature is available to non-members for a trial period and is fully accessible to members. Recordent also offers customization options to their members in a way that provides custom analytics tailored to the client-specific requirements.
In addition to Analytics, the cRediEye Product suite from Recordent provides businesses with access to Credit Reports through seamless integration with the platform. By qualifying customers and checking their credit history directly from Recordent platform or using the robust APIs, businesses can make confident credit decisions. Recordent eliminates the need for businesses to undergo the expensive CISA Audit and VAPT testing, which are mandatory when obtaining credit reports.