CrediQuery: Harnessing AI to transform data processes at Credix
At Credix, we’re building the next-generation credit network. We take an engineering-first approach to succeed in this mission, embracing the newest technologies to bring efficiencies and new experiences. CrediQuery marks our latest achievement in these efforts. This AI-driven tool is revolutionizing how we gather insights from our ever-growing internal data lake.
Transforming Data Interaction
We strongly emphasize capturing and storing (transactional) data from the start. Having this data structured cleanly makes it perfect for getting business insights, such as “How much GMV did we finance last month?” “Which buyers didn’t transact for more than two weeks?” “What has been our revenue split between sellers?” etc. The only problem is that answering those questions requires SQL knowledge (a coding language to retrieve data from a database); a skill primarily present in our engineering team. Yet; the engineering team should focus on building the best product for our clients.
CrediQuery reduces the time required to answer such questions from 30 minutes to an astonishing two minutes. This slack-based chatbot is not just about speed; it’s about transforming our approach to data analytics. By allowing users to interact with our databases using natural language queries, CrediQuery fetches the required information, formulates the necessary SQL queries, and organizes the data into actionable insights in Excel format. It’s fast, efficient, and incredibly user-friendly.
Learning and Adapting
One of CrediQuery's most remarkable aspects is its ability to learn and adapt. Each interaction with the system allows for human feedback on the results. This feedback mechanism ensures that CrediQuery meets our current needs and evolves with our business, continuously enhancing its precision.
The Future of AI at Credix
Integrating AI into our business processes goes beyond operational efficiency. It involves a strategic vision of how these technologies affect our workforce and the industry. We are committed to pioneering AI integration that supports our team and offers them more opportunities to engage in meaningful and strategic work.
CrediQuery marks the beginning of a new era at Credix. We are working on a future where AI-driven tools like CrediQuery become integral to various facets of our internal and external operations and products, from risk assessment to customer service. We aim to keep pace with technological advancements and lead them, creating innovative solutions that drive our business forward and set new benchmarks for the industry.
Are you interested in the internal workings of CrediPay? Feel free to reach out to maxim@credix.finance Happy to talk! Also, we’re hiring. Check out our open positions or reach out directly if you want to contribute in building the next-generation credit network.
