Hello! This is Fintag, your reliable financial partner for SMEs in Korea.
In this inaugural blog post, we would like to share the specific problems we are focusing on and how we intend to solve them.
Why Do SMEs Always Struggle with 'Financial Management'?
Large enterprises have specialized 'Finance Teams' and 'CFOs' to manage the flow of all corporate funds professionally. They utilize complex ERP (Enterprise Resource Planning) systems to grasp cash flow status in real-time and find optimal financial products to maximize corporate profits.
But what about the many SMEs and startups around us? Most fund management relies on Excel files or handwritten ledgers. In the midst of busy operations, it is virtually impossible to visit every bank, credit card, and leasing company website to check status and manually compare which financial products are most beneficial for the company.
Ultimately, non-specialist CEOs or management support staff have no choice but to rely on products from their primary bank, often missing out on better terms and resulting in inefficient asset management.
Fintag’s Promise: Solving Problems with DX (Digital Transformation) and AX (AI Transformation)
To resolve these inefficiencies for SMEs, Fintag presents two core solutions: DX (Digital Transformation) and AX (AI Transformation).
1. DX (Digital Transformation): Starting by Consolidating Fragmented Data
The first step is gathering scattered data into one place. Through Joint Certificate (public certificate) integration, Fintag automatically retrieves and digitizes all financial data—including deposits, loans, insurance, and lease/rental—scattered across various financial institutions, allowing you to view them at a glance. You can also easily upload existing Excel ledgers or ERP files for perfect integrated management.
2. AX (AI Transformation): Discovering Missed Value with Aggregated Data
Digitized data is more than just numbers. Fintag uses AI to analyze this data and identify key points the company may have missed.
For example, it provides answers to questions like, "The company account had an average monthly balance of 100 million KRW over the past 3 months; what would be the additional profit if this were moved to a CMA?" Furthermore, by simply asking the AI Chatbot, "Create a cash flow report for this month," the AI automatically provides a report in an optimized format.
Going beyond simply displaying data, Fintag aims to bridge the information gap between SMEs and large enterprises by providing professional financial analysis and asset optimization services at a corporate level.
Conclusion: Grow Together with Fintag
Fintag aims to create an 'Inclusive Finance Platform' where every company can perform professional financial management through the power of technology.
Escape from complex and inefficient financial management and discover new growth drivers for your business with Fintag. We will continue to listen to your voice and strive to provide better services.
