Banks

Ranqx for Banks

Get closer to your business customers and reduce credit risk

Enhance your small and medium business (SMB) relationships and SMB credit management with up-to-date financial performance management, peer benchmarking and automated alerts. Use relevant client-permissioned financial data, alongside industry averages, to proactively monitor, collaborate with and guide your SMB customers.

Use Ranqx in two distinct ways


Drive relationship manager behaviour to have deeper conversations with your SMBs


Enhance the SMB credit management process


Let us talk you through…

Ranqx for Bank Relationship Teams

Get closer your SMB customers

Benefits

Change the SMB dynamic

Give a highly personalised SMB customer experience to improve customer and staff satisfaction.

Confidence in data

Easily identify which aspects of a SMB performance are positive, and which need more work, with financial performance comparisons.

Simple to share

Collaborate confidently with visual financial snapshots, industry insights and profit forecasting.

Features

Industry comparisons

Powerful industry comparisons built-in to a customer’s Income Statement and Balance Sheet

Simple fresh data

Industry and customer data updated regularly and presented in simple snapshots

Easy set up

Secure client-permissioned integrations with Xero, MYOB AccountRight Live, QuickBooks Online and Sage One.

Ranqx for Bank Credit Teams

Reduce the cost of your credit compliance and risk management processes with an early warning tool from Ranqx

Benefits

Timely alerts

React and respond fast with financial notifications shared across staff and SMBs.

Spot trouble

Spot early signs of SMB borrower trouble with secure, up-to-date financial performance data.

Reduce write-off costs

Get alerted sooner and increase your chances in default recovery.

Features

Simple bespoke alerts

Alerts are simple to configure so you can work with customers to set relevant notifications.

Automatic

Introduce a level of automation and have Ranqx do the hard work collecting, processing and analysing your SMB’s data so you don’t have to.

Harness their cloud

Simple, secure and permissioned access to your customer’s cloud accounting software.

Why Ranqx for Banks?

Ranqx is purpose-built for banks.

We’re a strong mix of new world natives and old world accountants, with a heritage in SMB customer banking. And with New Zealand one of the the world leaders in SMB financial innovation, we’re proud to be part of that movement. From here, we put our heart, soul and decades of collective banking and FinTech experience into finding innovative, powerful ways to help you improve the way banks engage and manage SMBs.

What are Banks saying?

  • ASB and Ranqx
    Arran McLaughlin, Business Manager, ASB Bank, New Zealand

    See how Arran is using Ranqx to get closer to his business customers.

    “It’s really nice to have some tangible current data.”