The developed solution, codenamed Payindex, provides entrepreneurs and businesses across Russia access to potential partners’ business profiles on condition they submit relevant documents on the payment history of their current partners. The information source name and details are kept confidential and can only be disclosed on a court order.
Reconciling disparate data feeds
The solution aggregates various format data fed from disparate sources, which often comes unstructured with no interface support or format consistency. The team had to provide solution for reconciling large volumes of heterogeneous data, preparing it for processing, while ensuring high system performance.
Secure role-based access and robust research capabilities
The platform is built with the focus on the payment history records which are uploaded and processed to calculate Payment Index – an indicator providing an overview of a company’s strengths in fulfilling its liabilities in relation to existing bank credits or payment delays. For security purposes, all the information on payments, debts and similar sensitive data is stored anonymously to prevent its mapping to particular accounts in case of potential malicious penetration into the database.
The platform supports 4 user roles providing for the following capabilities:
- Potential partner profile search
- Partner public profile view
- Sole trader public profile view
- Membership application submission
- User authorization
Business partner account
- Business partner registration
- Company profile view
- Company filings management
- My Company profile management
- Favorites management
- Company profile user management
- New user creation
- Member access to the Payment History area
- Payment History area management, including documents upload, results view, data editing and re-upload
- Payindex operator account
- Management of the delinquent debtors to the Federal Tax Service (FTS), Russian Pension Fund (RPF), Social Security Fund (SSF), including documents upload, results view, data editing and re-upload
- Possibility to supplement available business partners spreadsheets with additional data from the Payindex database
Payindex provides robust research capabilities allowing searching accounts by even incomplete parameters like taxpayer's identification number or company’s address and name.