Fintech is a fiercely active sector. New entrants come and go.
Banks and specialist boutiques are constantly clamoring for attention. Options are blurry.
Banks and specialist boutiques are constantly clamoring for attention. Options are blurry.
Addendum cuts through the noise to provide clear direction. Born of Propell, Addendum’s award-winning supply chain finance service has been freeing up working capital for our customers and their suppliers since 2014. Our funding solutions platform enables companies to borrow money directly from the capital markets at the click of a button. Addendum is trusted by hundreds of customers, dozens of funders and some of the largest banks in Africa.
With transparency, convenience and choice as founding principles, Addendum puts you in charge. We believe that a small change to your business strategy – an addendum – can open up a world of potential for your business.
Contact us today to find out how you can benefit from the power of choice.
With transparency, convenience and choice as founding principles, Addendum puts you in charge. We believe that a small change to your business strategy – an addendum – can open up a world of potential for your business.
Contact us today to find out how you can benefit from the power of choice.
What We Do
Supply Chain Finance
Addendum is Africa’s supply chain finance leader. Our innovative multibank platform and award-winning service have helped customers free up billions of rands in working capital, strengthening supply chains and improving supplier relationships along the way. Addendum is the partner of choice for banks across Africa.
Funding Solutions
Addendum’s patented funding solutions platform provides the convenience of a domestic medium term note program without the associated hassle and cost. It enables companies to choose between offers from multiple funders on one screen. Contracts are standardised and transactions are executed at the click of a button.
Testimonials
More than forty of ArcelorMittal’s largest suppliers were trained and on-boarded by Addendum in the first three months, with plans to expand the breadth and scope of the program further.
ArcelorMittal South Africa
Global award-winning program
It was a seamless transaction and I found the system intuitive and very easy to use. With this under our belt, I hope we can do more with Addendum. For Pick n Pay it has been a very positive and worthwhile experience.
Pick 'n Pay
The Addendum supply chain finance solution is the simplest technology solution I have implemented in my many years of implementing business change processes. Support from the Addendum team has been beyond expectations.
Distell
We would definitely recommend the Addendum Supply Chain Finance program to all other suppliers, as we found that it gave us more control and easier access of our payments and process at all times. It was quick and easy to sell our approved invoices with excellent service and support from Addendum.
Diageo
The level of transparency on the platform is great, together with an easy to use reporting tool and excellent supporting service from Addendum.
Denny
This is truly an unmatched enterprise financial procurement solution.
Dis-Chem
Global award-winning program
We would gladly sell all our client invoices, provided that their invoices are approved timeously as Dis-Chem’s.
Fisher Brands
This is the solution for all suppliers to retail as it cuts back on all the cash flow issues, plus the angst of constantly chasing payments. It frees up more time to focus on more productive things.
Green Bean Coffee
Cash flow is a key component to any small business to operate sufficiently and being afforded an opportunity to get funds within 48 hours of delivery was a no brainer. This service relieves so much pressure on our daily cash flow.
Investin Brands
We were able make payments for raw materials and other supplies timeously, constantly increasing order capacity to keep up with the growing demand and thus, we are not constrained by working capital any more.
Lepele
The product compares favourably from a cost perspective, but has certain key advantages in that working capital requirements are not limited by overall books size but rather by the invoice itself.
Premier Logistics Solutions
The online application process is easy, well set out and intuitive accompanied by an excellent Addendum support team. The Tony Ferguson Company would definitely recommend this program to all other suppliers.
Tony Ferguson Weightloss Program
We would definitely recommend the Supply Chain Finance program to all other suppliers, as you can decide on the time & the amount of your invoices that you trade. The platform is also transparent and user-friendly and all is accompanied by the excellent supplier support from the Addendum team.
Vin de Cap
Addendum offers great service and their consultants are always available to assist us when needed.
Homebrands
Addendum’s service is excellent. They happily assisted us through the whole procedure step by step.
Moringa 5000
Get In Touch
Addendum provides supply chain finance and funding solutions to companies and funders in Africa. Please contact us for more information about how we can unlock value for your business.