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Podcast: TRANSFIN. LongShorts with Nikhil Arora and Sharath Toopran
Episode: Solving Payment Delays for MSMEs with Winny Patro of Recordent
Description: We spoke with Winny Patro, CEO & Co-founder of Recordent, a pioneering SaaS-based platform aiming to tackle the significant issue of unpaid dues that MSMEs encounter, which is estimated to be around INR5L cr across the sector.
Recordent provides a technology platform designed to help SMEs manage their credit and collections more effectively. The company offers a suite of services that includes:
Payment Reminder Automation: Automating reminders for payments to ensure timely collections.
Invoice Management: Streamlining the invoicing process to reduce delays in payments.
Credit Registry Reporting: Similar to a CIBIL report, it allows businesses to report defaults...