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...
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...
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 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...
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...
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...
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...
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...
“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...
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 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...
Over the past decade, there has been a significant increase in corporate, environmental, social, and governance (ESG) initiatives. A broader cultural shift toward a more socially and environmentally conscious society is motivating shareholders to view the business...