Technology for MSMEs: Coimbatore-based enterprise method technologies SaaS provider Effitrac announced its partnership with enterprise banking platform RazorpayX, provided by fintech giant Razorpay.
As a aspect of the partnership, Effitrac’s MSME buyers will have access to the array of digital banking options provided by RazorpayX such as payout hyperlinks, present account, book-maintaining, automated TDS, and even capital services on its platform, devoid of getting transferred to an external hyperlink.
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“While we offer 30-plus no-code products around ERP, inventory management, HR payroll, billing, we want to be a single platform that caters to all business solutions end-to-end,” stated Logesh Velusamy, Founder and CEO of Effitrac.
On the partnership, he added, “RazorpayX will improve the capabilities of our financial product Neobooks and will make it a one-stop solution to meet financial transaction needs of businesses.”
Effitrac had earlier partnered with no/low code options provider Jiffy.ai to allow its buyers automate enterprise processes at scale. For services, the firm collaborated with CFO Bridge to give MSMEs on demand access to CFOs. Velusamy confirmed that more such partnerships are in the pipeline.
Effitrac provides 30-plus pre-configured templates for SMEs so enterprise owners and staff with restricted tech know-how can automate firms processes such as ERP, CRM, HRMS and Payroll.
Currently, Effitrac performs with 500+ MSMEs and 30,000 customers across 13 industries. The 35-people today firm plans to attain one million MSMEs more than the next 3 years.