Recordent launches analytics tools for MSMEs

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Hyderabad: Recordent, a credit management platform, said it provides free access to its analytics feature as part of its cRediEye product suite. This addition aims to provide micro, small, and medium enterprises (MSMEs) with valuable data insights and forecast trends.

It brings a holistic view to every business. The intuitive dashboard provides BI (Business Intelligence) reports to MSMEs simplifying data visualisation & 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,” said Recordent CEO Winny Patro.

“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.” added Patro.
 
The launch of the free analytics by Recordent provides 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 customisation options to its members in a way that provides custom analytics tailored to client-specific requirements.
 

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