The Micro, Small, and Medium Enterprises(MSME) sector contributes significantly to the global economy. Their role is even more pronounced in developing economies, where they contribute up to 40% of GDP. Despite being such a major contributor to the economy, traditional banks have not always served MSMEs with the same focus and benefits with which they treat larger corporate establishments. This not only hampers the growth of the MSME sector but is also a lost opportunity for banks looking to tap into new markets and expand their revenue streams.
Discover how SunTec can help you:
- Establish a relationship-based pricing model based on the overall relationship value of the MSME
- Reduce time-to-market
- Build a transparent billing system
- Reduce complaints and increase customer satisfaction and loyalty
Read the use cases for scenarios like partner ecosystem management, creating targeted offers and green banking products based on ESG scores, managing the quote to cash lifecycle, and much more.