Recordent upgrades its tech stack to offer automation for MSMEs

Recordent, a credit management platform, has upgraded its technology stack to provide MSMEs with end-to-end Credit-to-Cash (C2C) management. The company aims to help businesses optimize resources, improve collections, mitigate credit risks, and increase efficiencies through an automated and seamless Credit-to-cash process.

Recordent has introduced two new features: legal notices and data-powered business analytics. These features provide smaller businesses with bureau-style notification assistance and data-driven insights into payment behavior. The platform offers several key features that automate the business process, including Buyer onboarding, credit checks of buyers using Equifax-powered credit reports, and Recordent reports for buyers on the platform. Invoice Management, Invoice Reconciliation, Payment Reminders, and the SoA (Statement of Account) feature will supplement these.