Kingdee Credit Tech Celebrates Recognition in KPMG Fintech 50

Kingdee Credit Technology Honored in KPMG's Fintech 50

Kingdee Credit Technology Co., Ltd. has recently been recognized in the prestigious "2024 KPMG China Fintech 50" list for the fourth consecutive time. This achievement is a reflection of the company's significant contributions to enhancing inclusive financial practices over the past decade.

A Legacy of Innovation

Since the inception of KPMG's Fintech 50 list in 2016, the recognition has gained immense importance within the financial sector. This year, the selection committee comprised various professionals from KPMG's global network, illustrating the advancements in China's fintech landscape. Kingdee Credit Technology remains at the forefront of this evolution, committed to providing digital credit solutions that cater to businesses of all sizes.

Driving Change with Technology

Zhang Chudong, the Asia-Pacific and China Financial Services Managing Partner at KPMG, highlighted how emerging technologies, including generative AI, are reshaping fintech services. These innovations are impacting several areas of the financial industry, such as technology finance and digital finance, allowing institutions to optimize products and improve risk management practices. This technological emphasis perfectly aligns with Kingdee Credit Tech's vision of ensuring that every enterprise has access to digital credit.

The Role of Data in Fintech

In today's rapidly evolving fintech environment, data has emerged as a crucial element driving innovation and strategic decision-making. Kingdee Credit Technology's inclusion on the KPMG list signifies its unwavering dedication to revolutionizing digital credit access. By harnessing advanced technologies like AI and big data, the company has created self-developed credit risk assessment models that work in tandem with banks to facilitate targeted marketing and effective risk management.

Empowering Small Businesses

Kingdee Credit Tech collaborates with over 200 banks and financial institutions, directly benefiting around 700,000 small businesses by providing them access to over 180 billion yuan in digital credit. The company has developed the "Industry Transaction Map," which supports microfinance and supply chain finance, enabling banks to identify high-quality enterprises. This capability helps in enhancing customer acquisition and refining risk management tactics.

Innovative Solutions and Applications

Through strategic partnerships, such as one with JD Technology, Kingdee Credit has empowered numerous businesses with improved supply chain financing options. Their initiatives have proven to significantly enhance liquidity within supply chains and promote sustainable growth among small enterprises. The introduction of the Kingdee Feiqi App further underscores their commitment to providing intelligent online financing solutions tailored for small businesses.

Comprehensive Business Management Tools

Kingdee Credit Technology's Ailit app stands out as a comprehensive SaaS solution designed to aid Chinese businesses with inventory and sales management. This platform supports various languages and currencies, ensuring accessibility for international clients. With features catering to invoicing and financial reconciliation, Ailit significantly boosts operational efficiency and is a testament to the company’s focus on meeting the diverse needs of global entrepreneurs.

Future Aspirations

Looking to the future, Kingdee Credit Technology remains determined to unlock the potential of digital credit and explore innovative applications in fintech. Their focus on high-quality development of digital inclusive finance signifies a steadfast commitment to improving financial accessibility for all businesses.

Frequently Asked Questions

What is the significance of the KPMG China Fintech 50 list?

The KPMG China Fintech 50 list recognizes outstanding companies in the fintech sector, highlighting their innovations and contributions to the industry.

How has Kingdee Credit Technology impacted small businesses?

Kingdee Credit Technology has facilitated access to over 180 billion yuan in digital credit for around 700,000 small businesses, enhancing their financial resources and growth potential.

What technologies does Kingdee Credit Tech utilize?

Kingdee Credit Tech leverages technologies like AI, big data, and graph computing to enhance its credit assessment models and financial solutions.

What is the Ailit app?

Ailit is a SaaS application for inventory and sales management tailored for Chinese businesses, supporting various languages and functionalities essential for global operations.

What are Kingdee Credit Technology's future goals?

The company aims to explore innovative fintech applications and enhance digital credit access to support the sustainable development of inclusive finance.

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