FactR uses Smart Contracts & Machine Learning to simplify Enterprise transaction management. We provide global Enterprises with a simple, yet sophisticated way to manage complex business transactions, and facilitate business capital, with automated, digital workflows.
Tell us about yourself?
Cory Skinner is a Technologist, MBA, patent holder, serial Entrepreneur &, who led exits, M&A and accelerated global sales growth & product revenue (from ideation to 10M+).
If you could go back in time a year or two, what piece of advice would you give yourself?
Find the right partners to grow your business! A lot of time can be spent building partnerships that prove to be low value, or even take your business backwards; choose partnerships very carefully.
What problem does your business solve?
We help businesses understand data and processes better for transaction management (i.e. order to cash), then improve them with trusted data sets, automated & intelligent workflows, then elevate them with Machine Learning.
What is the inspiration behind your business?
After working in Enterprise, global data sets and consulting for 20 years, I had the opportunity to be part of many digital transformation projects. These experiences led to several ideas on better ways to get/create and automate workflows and advance analytics.
What is your magic sauce?
With a combination of leveraging Smart Contracts for trusted data, the FactR platform for private cloud and quick setup and Enterprise workflow automation, coupled with advanced techniques for setup and training of Machine Learning logic, we have been able to successfully show results for Enterprises in multiple industries, in multiple countries.
What is the plan for the next 5 years? What do you want to achieve?
The next 5 years will continue our growth in onboarding new customers and processing large data sets. We will move forward down the path of supporting Enterprises with next-level digital transformation projects, proving that workflow automation is achievable with advanced efficiency, secure data and low cost of ownership.
What is the biggest challenge you’ve faced so far?
Our biggest challenge lies with finding the right thought leaders, that lead digital transformation efforts and want to try next-generation technical solutions. Our platform and approach to solving business challenges is proven, however with new technologies, it can sometimes be an effort to educate and get alignment for starting a project.
How can people get involved?
Want to know more and understand how we can help your Enterprise with your digital transformation project, workflow automation, or Machine Learning/private cloud requirements – email Cory Skinner at email@example.com