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...
Climate change and social responsibility are in the spotlight at the moment, particularly over the last 18 months. With the globe’s noteworthy shift towards sustainability, it’s a subject high on everyone’s agenda, especially investors. As a result, many businesses...
There is a tangible shift in the world towards sustainability and a greener future. We can feel it, we can see it and it has been accelerated by the rise of COVID-19. Now, the powerhouse countries of the world have decided on specific carbon emission goals for the...
How do you transform a supply chain finance program from a supplier early payment initiative into a powerful working capital solution? The answer requires an analysis-driven approach that can be broken down into five steps: 1. Benchmark supplier terms and identify...
As one of the most important indices of a company’s efficiency and financial health, working capital represents the operating liquidity available to businesses and ensures that it is able to continue its operations while satisfying its short-term debt and operational...
One of Africa’s leading fintech companies, Addendum, is changing the corporate borrowing landscape. The rapid growth of fintech across South Africa has led to the disruption of traditional systems, and companies like Addendum are leading the charge towards a new way...
When it comes to Supply Chain Finance (SCF), a trusted and experienced service provider is of paramount importance. Why? Recently it has become very obvious that some providers do not have their clients’ best interests at heart and have lost sight of the true purpose...
For many companies, debt capital aka debt funding is a necessary part of their financial structure. Debt capital involves borrowing money from a bank or other lender, usually in the form of loans, corporate paper or by issuing a bond and then having to pay the full...
Addendum Supply Chain Finance is mitigating the financial effects of the COVID-19 lockdown. Every day in lockdown, dozens of companies, each with thousands of suppliers, have taken advantage of this unique form of cheap working capital, through the click of a button....
At any point in time, there are more than R300 billion in unpaid invoices in the South African economy. This is an enormous amount of working capital which, if freed up, could provide a meaningful financial injection into the economy. However, the solution is not to...
Richards Bay Minerals decided to partner with South African financial technology provider, Addendum, to develop a supply chain finance (SCF) programme to help achieve this strategic goal.