SLOW – weeks/months to manually receive and manage financial data from SMB customers.
RISKY – manual data collection increases the risk of omissions, errors and loss – accidentally and/or intentionally!
COSTLY – both internal builds as well as outsourced ERP solutions are extremely costly and integration takes time.
Railz provides quick, cost-effective and direct access to most of the key SMB Accounting systems (eg. Xero, Quickbooks, MYOB, Sage, etc) via a single API –
The only solution in the market that normalises all of the disparate accounting data,
Map all chart of accounts and create a universal data format,
Provides clean, structured raw data without manual intervention,
Allows users to conduct risk assessment, as well as financial health, analysis accurately and as often as needed,
Provides an “out of the box” value-added dashboard to assess risk and fraud metrics, as well as data analytics and insights, and
Implemented in a mater of days, rather than weeks or months.
Railz is truely a Digital Business Lending and Advisor tool that will assist in the assessment and viability of existing and potential new SMB customers for a range of business services from lending, credit and risk assessment, to financial viability and longevity for activities such M&A. For more detailed information on the Railz®, please follow this link – Railz® API.