Know-it, a Glasgow-based fintech start-up, has formally launched their cloud-based credit score administration platform. Based by Lynne Darcey Quigley, the brand new platform provides companies the instruments and intelligence to automate and simplify the way in which they handle credit score danger and the credit score management course of, serving to save time, cut back late funds and permit them to concentrate on different features of their enterprise.
The platform is one more instance of the continuing innovation within the Scottish expertise trade, illustrating the continued resilience the sector has proven throughout current economically risky years.
As a part of their business launch, they are going to be exhibiting on the offered out Xerocon, at Tobacco Dock, London, on twentieth and twenty first July in partnership with main accountancy app Xero.
The platform, which is the primary of its form, permits companies to credit score verify and monitor, chase for cost, accumulate overdue unpaid invoices, and extra, all from one place. By partnering with among the UK’s main accountancy software program and credit score reference companies – similar to Xero, QuickBooks, Sage, FreeAgent, and Graydon – customers can immediately credit score verify firms, get dwell knowledge, and real-time updates to observe buyer’s credit score behaviour and mitigate potential credit score dangers.
The platform additionally provides finance groups and enterprise house owners a easy technique to verify their clients’ credit score worthiness. It additionally ensures clients pay on time by scheduled reminders and customisable chaser emails, letters, and SMS, serving to cut back debtor days and rising money movement. Customers may get immediate quotes to gather unpaid invoices rapidly and effectively by their business debt restoration companion, Darcey Quigley & Co, in addition to obtain 24/7 case updates.
Lynne Darcey Quigley, CEO, and founding father of Know-it, explains: “Know-it is a recent perspective on a conventional course of – whereas the credit score management course of hasn’t modified over time, our new distinctive platform brings collectively all credit score management capabilities into one place. By eradicating the necessity to entry and subscribe to a number of totally different platforms, our cloud-based platform streamlines the credit score management course of so you possibly can credit score verify and monitor, chase for cost, accumulate overdue unpaid invoices, and extra all from one simple to make use of platform, levelling the enjoying subject for SMEs. That is set to rework the way in which companies view the credit score management course of, as it should instantly assist them save time and prices by offering real-time knowledge, all from the comfort of 1 place.
“With the present monetary local weather mounting enormous strain onto the economic system, companies throughout the nation want all the assistance they’ll entry. This can be a essential time for expertise to step in and supply a serving to hand by an inexpensive and progressive credit score administration platform. With the launch of Know-it’s platform, companies of all sizes are actually capable of Verify-it, Chase-it, and Accumulate-it, all in real-time and with out the headache of handbook processing.”
