Africa-Press – Tanzania. Bizzyn, a financial and marketing platform, is targeting to uplift business profiles for 60, 000 small and medium enterprises (SMEs) in the next three years.
The end goal is to enable those SMEs to have a proper financial and marketing platform that aimed at managing their businesses to achieve profitable growth.
Bizzyn founder and Chief Executive Officer (CEO), Mr Emmanuel Kimaro, said the platform helps SMEs to organise and run SMEs businesses in a productive way by enabling them to quickly prepare financial reports which are crucial in making informed decisions.
“Bizzyn monitors finance, send invoices, track expenses, manages inventory and produce sales reports thereby increasing sales and enabling organisations to run their businesses in a profitable way,” he said.
In order to achieve their objectives, the platform’s Business Intelligence (BI) and Machine Learning (ML) systems, empowers SMEs to make data driven decisions.
According to him, SMEs have been contributing significantly to the country economy.
However, these businesses face innumerable challenges, especially on the managing their businesses such as inability to manage financials and accounting, record transactions, capture expenses, access to capital and much more.
Bizzyn’s Business Development Manager Mr Raphael Kimaro pointed out they also let users find financial data and uses it in securing loans from banks and other financial institutions without necessarily going through long procedures.
The platform was created in 2019 led by Emmanuel Kimaro and Abbasi Mussa— graduates of Mbeya University of Science and Technology. However, the start-up formally started its operations in November 2021.
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