It has been a productive year for our Marketplace team. Since the beginning of the 2023, marked by our inaugural Marketplace Roadmap Event in January, we've made significant improvements in both our platform technology and business model. These efforts have resulted...
Supply Chain Finance’s Resilience Amid Economic Challenges
Why does Supply Chain Finance (SCF) continue to grow fast despite our challenging economy? At Addendum we have seen a trading volume increase of 72% during the last financial year. We are experiencing continued interest in our Supply Chain Finance (SCF) solutions by...
Commemorating Women’s Month at Addendum
August is Women’s Month in South Africa. As with many countries around the world, the aim of Women’s Month is to raise awareness of the daily challenges women face, to promote gender equality, and to encourage women to dream big and then realise those dreams for...
Gain Your Competitive Edge: Strengthen Supplier Relationships with SCF
Supply Chain Finance (SCF) is more than a financial tool, it is a strategic instrument that promotes mutual trust and commitment between organisations and their suppliers. In a competitive business environment, establishing and nurturing strong supplier relationships...
Transformative Power of Supply Chain Finance for SMEs in Africa
Transformative Power of Supply Chain Finance for SMEs With over a decade of experience as a leading Supply Chain Finance provider in Africa, Addendum’s deep understanding of the regional landscape has contributed to our success in delivering award-winning programs...
Pick n Pay wins Global Award for its Quick Retail Payments
Pick n Pay has won an international award for its automated supply chain finance solution Fast Pay , which pays suppliers, mostly small scale, within a day of the invoice being approved, at a discount. Pick n Pay and its supply chain finance partner, Addendum, were...
Celebrating Africa’s supply chain industry with new Africa Supply Chain Excellence Awards initiative
Leading organisations from across the African continent joined forces to launch and promote the first ever Africa Supply Chain Excellence Awards (ASCEA). The inaugural awards ceremony was held 19 July 2022 in Sandton, Johannesburg. Addendum Financial Technologies...
How to outperform the competition with supply chain finance
What earns competitive advantage in today’s hyper-competitive and disruption-filled business climate? It’s a tough question to answer as several of the characteristics that have historically defined market leaders (e.g. quality, innovation, price) have now become...
How to Offset New Supply Chain Disruptions with a Working Capital Initiative
How much more disruption can global supply chains afford to take? It’s difficult not to reflect on this question as the end of the first half of 2022 comes into view. We are two years into a global pandemic that has forever changed the way we operate global supply...
COVID 19’s acceleration of Digital Transformation
As South African businesses emerge from the pandemic, Addendum reflects on its evolution over the past 24 months. The Funding Solutions business grew substantially during this time, and we identified key factors and market trends that impacted our business trajectory...
Tackling Inflation and Rising Supply Chain Costs with Supply Chain Finance
The global economy is facing record inflation, and no company is exempt from the rising costs that are a result. Many businesses are experiencing the impact of inflation right now, while others will see a delayed effect. South Africa's annual consumer price inflation...
Recap: Bonds, Loans & Sukuk Africa 2022
The high attendance at the 2022 Bonds, Loans & Sukuk Africa conference held at Cape Town International Conference in early March, was evidence of the lack of face-to-face networking over the past two years. The event was the first large-scale, in-person gathering...