22 July 2024 - Inriskable v.2.0 revolutionizes the way users can search and retrieve Singapore SMEs information. This is achieved through an integration with ACRA (Accounting and Corporate Regulatory Authority), which is the government agency responsible for overseeing corporate registration and filings in Singapore. This caters to the needs of users who require a deeper, more comprehensive understanding of Singapore's corporate landscape, such as:
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(1) Investors evaluating potential investment opportunities
(2) Procurement teams vetting suppliers and partners
(3) Compliance teams conducting know-your-customer (KYC) checks
(4) Market researchers profiling industry players

The latest release of the Inriskable has improved the user experience by allowing users to use mobile, ipad and desktop to access most of the features. However, for news and legal search, we only support desktop version at the moment.

The latest release of the Inriskable platform has enabled free plan users to conduct free business information searches for Singapore companies. This means that users who have signed up for the free plan on the Inriskable platform can now access and search through data and information about companies registered in Singapore, without having to pay any additional fees.

For Inriskable's Plus and Pro tier users, the latest release has enabled the ability to search for and access detailed shareholding and legal representative information for companies registered in Singapore.

By integrating with ACRA's database, Inriskable's paid subscription users can now:
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(1) Search for and retrieve the shareholding structure of Singapore-based companies, including the names and ownership percentages of the major shareholders.
(2) Access information on the legal representatives of these companies, such as the names and designations of the directors, officers, and authorized signatories.

Plus and Pro tiers of the Inriskable platform also provide users with the ability to retrieve the annual financial reports of these companies. This is achieved through Inriskable's built-in integration and automation to directly fetch the financial statements from the source, rather than requiring users to manually search for and compile this information. But the real value-add is in the comprehensive financial analysis that Inriskable's platform can perform on these retrieved financial reports. We offer a built-in dashboard that allows users to:

1. Conduct cashflow analysis
- Examine the company's cash inflows and outflows and assess its ability to generate and manage cash

2. Evaluate financial health
- Gauge the company's liquidity and solvency, analyze its current ratio, quick ratio, and debt-to-equity ratio

3. Assess income and profitability
- Review the company's revenue, expenses, and net income and calculate key profitability metrics like gross margin and net profit margin

4. Measure return on equity (ROE)
- Understand how efficiently the company is using its shareholders' equity

For the free tier of the Inriskable platform, the latest release has introduced some additional features to enhance the user experience, even for those not on the paid subscription plans. By proactively providing these sample company showcases, Inriskable is addressing a key user need that was expressed - the desire to have some tangible examples of the types of businesses and information that can be accessed through the platform. These industry and location-specific company suggestions are designed to make it more convenient for free tier users to discover and explore businesses of interest, without having to conduct extensive manual searches.
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