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...
Addendum SCF Partnered with TTS to help SMEs Survive the pandemic
CASE STUDY: Addendum Supply Chain Finance programme boosted South Africa’s struggling tourism industry during the Covid pandemic. With an innovative financing solution, Tourvest Travel Services (TTS) and Addendum Supply Chain Finance helped alleviate the Covid 19...
Addendum Debt Solutions celebrates a landmark 100th issuance
“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...
Early payment is crucial during both disruption and recovery
Over the course of the past 12 months, there have been several posts monitoring trends in global and regional trade activity on the PrimeRevenue platform. These trends help predict behaviour within the broader economy. Approximately one year after the pandemic turned...
The positive impact of supply chain finance in a post-Greensill world
The supply chain finance industry continues to feel the reverberations of Greensill Capital’s collapse. Its demise has unleashed investigations from numerous regulatory and legislative bodies around the world, despite clear evidence nearly all providers have been...