Kredence Digital Resources - Offering Easily Deployable Cloud Solutions

CIO Vendor The challenges faced by organizations to handle the ever-changing regulatory landscape and compliance pressure have been on the rise. Handling the Financial, Accounting, Compliance and Tax (FACT) domain requires dedicated time, resources and a high level of competence. Now, the objective of outsourcing has shifted from merely saving costs to achieving sustained performance improvement.

Mumbai-headquartered Kredence comes to the fore with its cost-effective and end-to-end solutions for the FACT domain. The company’s management has a collective experience of over 50 years in providing solutions for the FACT domain. Ketan D. Raiyani, Founder, Kredence elaborates, “Our in-depth expertise in this domain ensures that we have considered all the pain points, challenges and ‘wants’ of our customers and addressed those in our products. Ease of use and efficiency are of paramount importance, and our entire user experience is dictated by these considerations. The timely and accurate completion of all FACT tasks will undoubtedly deliver positive business outcomes, and prevent needless distractions for an organization.”

Having a rich and comprehensive suite of services, Kredence is well-positioned to cater to all requirements of the FACT domain. It was founded by a group of experienced chartered accountants, management professionals, and technology enthusiasts with the goal to help businesses and consumers connect, communicate, collaborate and commercialize transactions. Kredence offers Protact, Bizfact and Comply Hub to cater to the tax and compliance needs of professionals, businesses and consumers.

Protact, a cloud-based Practice Management Solution by Kredence empowers Chartered Accountants, Company Secretaries and Lawyers with technology to deliver service excellence and optimize knowledge, resources, and operations in a cohesive manner. As the solution is cloud-based, updates and enhancements to the product can be implemented easily; this is extremely important in the rather dynamic business environment we are operating in currently.
The product can be adapted to the evolving market needs and deployed quickly by users. Bizfact, another cloud-based solution by Kredence is an all-in-one solution for all the tax and compliance needs of businesses. Comply Hub is a marketplace for buyers and sellers of FACT services, which enables consumers to manage their own tax and needs, and connects them with experts for advice. The solutions are equipped with built-in workflows and offer flexibility for users to configure and customize these as per their specific requirements. With this portfolio of offerings, Kredence automates the ‘FACT’ processes of their users with requisite checks and balances.


Protact, a cloud-based Practice Management Solution by Kredence empowers Chartered Accountants, Company Secretaries and Lawyers with technology to deliver service excellence and optimize knowledge, resources, and operations in a cohesive manner


The company is attuned to the latest regulatory and compliance requirements and endeavors to ensure that their products fulfil all tax and compliance needs of their target audience. The comprehensive feature set offered by Kredence and the cost-effective pricing model are the factors that differentiate Kredence from its competitors. Moreover, Kredence provides all services under one roof.

Elaborating on future endeavours, Ketan concludes, “We aim to be the leader-the best and most-used provider of cloud-based software solutions in the FACT space which is our single-point of focus. We have our own revenue targets and aspirations over the next 5 years; but rather than worrying about that figure, we believe that if we hit the goal we are aiming at, the figures will take off themselves!”