The Harsh Reality of Political Unrest The destruction of companies and livelihoods during periods of unrest is a heartbreaking reality. No amount of media coverage or expert analysis can fully predict the effect of economic and political instability on businesses. ...
Historic Supply Chain Finance milestone for Addendum and Mr Price Group. 2024 has been a transformative year for South African Supply Chain Finance, with Addendum and the Mr Price Group achieving groundbreaking milestones placing both South Africa and the African...
Sarie van der Merwe is Addendum's in-house legal advisor. In her role, she performs a balancing act by building a robust legal framework for the business, while also supporting the company's growth. In the world of supply chain finance, legal frameworks are...
Supply chain finance is a tool to help organisations achieve critical business objectives and strengthen supply chains. There needs to be alignment between business strategy and procurement on how the company will use the working capital improvements delivered. Over...
South African corporate bond traders mostly rely on Mark-to-Market (MTM) as a proxy for underlying bond prices. Infrequent trading often leads to stale MTM spreads (yields for fixed coupon bonds). We've addressed this issue by modelling more accurate spreads...
Solene Joubert is the Head of Product & Operations at Addendum Supply Chain Finance. Her job is to make sure that the Addendum's Supply Chain Finance (SCF) systems integrates seamlessly with a myriad of different ERP and accounting systems. Successful systems...
As the fiscal year wraps up for numerous South African enterprises, the focus shifts towards setting goals and initiatives for the upcoming year. In this critical phase, treasurers and corporate leaders are tasked with finding ways to generate sufficient cash flow to...
South Africans are starting off the year in anticipation of the South African Reserve Bank's (SARB) upcoming interest rate decision on 25 January 2024, a pivotal event that is expected to set the tone for the country's economic climate for the rest of the year. For...
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...
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...
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...
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...