Easy and Effortless Way to Collect Customer Dues
With a revolutionary approach, Recordent’s technology platform is helping MSMEs collect dues faster by encouraging their customers to maintain a positive payment track record.
INR 1.6Cr of pending dues was collected by one company within 50 days of registration!
TOTAL NO OF BUSINESS IN THE ECOSYTEM
TOTAL NO OF CUSTOMER DUES SUBMITTED
TOTAL VALUE OF CUSTOMER DUES SUBMITTED
Recordent is solving one of the most painful problems for businesses: collection of customer dues - late & long overdue payments
It is as easy as 1-2-3-4 to use Recordent platform
Businesses need to submit their customer dues by filling a simple form or bulk upload through Excel sheet.
One stop platform for all types of customer due collections
To help businesses in extreme cases of payment defaults, Recordent has partnered with several agencies and firms who are specialized in recovering payments
Over 15 businesses have started seeing collections on dues pending for 6+ months
What is Recordent?
Recordent is a technology platform helping businesses improve collections by building a credit profile of their customers, and reducing risk by checking the payment history of prospective customers before offering credit
How Recordent improves collections?
Recordent’s platform enables businesses to submit their customer dues/invoices to collect payments faster and on-time. Inspired by the credit bureau model, Recordent informs customers on how their positive payment track record can be viewed by other businesses & lenders to offer better terms on credit or a loan; thus, motivates and creates the urgency to pay dues sooner than later.
How Recordent reduces business risk?
Recordent’s data aggregation engine helps businesses in making informed decisions before offering credit or a loan by providing credit reports on individuals and commercial entities. These reports provide information on customer’s payment behaviour towards loans and credit availed in the recent past. Recordent’s platform has access to 700million+ reports of individuals and businesses through its network of partnerships in India and the USA with well-known credit bureaus.