Addendum was started in 2014 by a group of people from different financial sector backgrounds who shared a common dream: one of challenging the status quo. The inflexibility and opaque nature of our market needed to be changed to benefit all businesses, big and small. Addendum developed a simple structure to realise this dream: standardised terms to make offers directly comparable, enabling price competition. This offers real-time, online execution which is efficient, convenient for users and keeps transaction costs down.
2020 Category Winner:
Manufacturing and Industrial
2019 Category Winner:
FMCG – Food and Beverage
2018 Category Winner:
Retail and Apparel
2016 Category Winner:
Manufacturing and Industrial
Supply Chain Finance
Our innovative multibank platform and award-winning solution has made Addendum Africa’s supply chain finance leader.
Selective Receivables Finance
Freeing up working capital in businesses by allowing them to select which debtor invoices to sell in order to keep cash flowing into the business.
An easy-to-use platform to facilitate debt funding between counterparties in the capital markets.
This fixed income bulletin board aims to help improve transparency and liquidity in the fixed income secondary market.
This is truly an unmatched enterprise financial procurement solution.
This was smooth sailing. Well done to your team for developing such an easy-to-use funding platform. It can’t get any easier for a borrower to raise funds. We will definitely keep using this in future.
I recommend Addendum to all companies who seek to free up working capital locked up in their supply chain. Their end-to-end service has been key to create a global award-winning supply chain finance programme.
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.
This is not an IT implementation, it’s not a financial implementation, it’s not a legal implementation. It is all of it: it’s a total business implementation done by Addendum.
If you decide to own your supply chain and the costs and benefits associated with it, then Addendum is the right partner to help roll out and support your supply chain finance programme. Addendum’s Procurement Services offering is absolutely unique. Their knowledge and professional approach support all parties in decision making. Their international awards are testimony to their personal and professional credibility. I can recommend them wholeheartedly.
Addendum’s Procurement Services offering has been a highly positive contributing factor to our success in extending payment terms with our suppliers. Their continued availability and commitment to the entire process is undisputed and highly appreciated.
Addendum’s Procurement Services offering is excellent. Suppliers were on-boarded rapidly and from administration to discussions with suppliers, all were handled professionally and timeously. The sales team at Addendum were well equipped and handled even the most difficult supplier, always willing to assist, even on short notice.
All Distell suppliers, irrespective of value of spend, are treated with the same commitment which is pleasing to see. Addendum offers a real innovative alternative to traditional financing.
We had a seamless experience with the supply chain finance implementation. The platform is extremely easy to navigate and use. The competency of the team is excellent, and they have provided a high level of support.
2020-Too (Let’s hope not!)2022 is already one month down and the year has certainly got off to a fast start! Surviving the post-holiday blues is usually bad enough, but we’ve also had to endure record high temperatures (down in the Western Cape) and hearing about...
“Our vision was to develop a platform where a corporate could raise funding from the wider debt capital markets.” When Addendum launched the Funding Solutions division our goal was clear, to change the way high quality corporates raise debt funding Strong...
The economic landscape has changed drastically over the last 2 years and trends in the industry continue to change heading into 2022. This means that we need to adapt and transform according to the way the world is changing so that we can remain innovative and...
Addendum provides Supply Chain Finance and Funding Solutions to companies and funders in Africa. Our fintech solutions are capable of unlocking capital and funding for businesses of all sizes. We have designed real-time, online solutions that make markets transparent and products simple and seamless to execute.
Where others saw a barricaded, antiquated machine, we saw possibility. 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 a world of potential for your business.
Please contact us for more information about how we can unlock value for your business.