Tradegrid, a business to business, (B2B) marketplace platform has deployed its proprietary technology to bail out small and medium enterprises (SMEs) by solving intractable trading problems.
The managing director Tradegrid, Mr Paul Adeyoyin said trading is the largest profession on the continent, and the company is geared to becoming the No.1 solutions provider to trading SMEs, by providing modern business tools that help them thrive in today’s digital age.
Adeyoyin said: “We have bootstrapped operations since first transaction in January 2022. We are delivering strong growth at our core, while rapidly building defensible moats and enhancing our ecosystem of offerings.
Its solutions include providing a formalized and easily accessible credit option which will allow traders and operators purchase as much product as they need and pay back as they sell.
The company also provides SMEs with increased margins on their products by cutting out redundant processes and signing up to boost it’s flagship Non-Fuel Revenue product.
The rest are: Reduced order fulfillment time: This is greatly important considering that efficiency and value is lost in the current long waiting time it takes for traders and operators to join long queues at the depot for new products offtake. Reducing this time will optimise their operations and cashflow.