Do you have customers who are not paying outstanding balance or suppliers who took advance but did not supply the material?
BizRakShak is the best app to protect your business from fraudulent customers and suppliers and reduce your bad debt. Now check and track the business standing of your customers and suppliers with BizRakShak.
Businesses may have some outstanding bad debt. We encourage them to report such transactions to BizRakShak.
We work with many credit management and recovery companies pan India, and can help in recovering their bad debt. Also, this alerts other businesses dealing with such customers and suppliers.
Every business deals with customers and suppliers. Staying up to date with their business worthiness is crucial. Every business at some point of time needs to sell on credit or give advance to suppliers. It makes sense to protect yourself by taking informed decisions. Download the latest version of the BizRakShak app to get started today.
There are many credit bureaus in India – CIBIL, Experian, & Equifax etc. All of them use bank to business credit transaction data to create profiles and scores while most of the credit transactions are b2b. None of them take into consideration the b2b transaction data, so their credit scores are of limited value to businesses. BizRakShak helps you understand the overall payment profile of your business associates for free and monitor it regularly.
Using BizRakShak, businesses can report and rate payment and supply behavior of their business associates. Using this b2b transaction data and our proprietary algorithm we create business profiles. The business profiles are regularly updated to take into account the latest data collected from our users.
You are an ethical business that pays suppliers on time and make timely, high-quality deliveries to customers. Ask your customers and suppliers to review and rate you on BizRakShak. This will help you to create a five-star rated profile your business that you can use to further expand your venture.
--Frequently Asked Questions---
1. Who can enroll on BizRakShak?
- Anyone running a business dealing with customers and suppliers can enroll on BizRakShak. You need to be over 18 years of age and have a valid India mobile phone number.
2. What info do I need to have handy when I sign up?
- We will authenticate you with a One Time Password (OTP) sent to your registered mobile number. To create your profile, we ask for basic information like your name, your business name, address, products you deal in, etc.
3. Is there is subscription fee to use BizRakShak?
- At present, BizRakShak is free to download and use. The company reserves the right to charge subscription fee in future.
4. Can an individual person be the BizRakShak customer?
-Individuals are welcome to download and use BizRakShak. But, please note that the platform is designed for b2b use.
5. When I submit a review on BizRakShak, is my identity disclosed to other users?
- Other users can see the review submitted by you but they cannot see your identity. Your identity is known only to BizRakShak but is not disclosed to other users of the BizRakShak app.
6. Can I modify the review submitted by me earlier?
- At present, the users can not modify the reviews once submitted. If there is a need to modify a review, please write to [email protected] with relevant details.
7. Can I modify the review submitted by another user?
-It is not possible to modify the review submitted by another user. If there is a pressing need to modify the review, please write to [email protected] with relevant details.