Rena Agric is transforming Africa's agriculture value chain through premium and innovative agricultural products and services, revolutionizing farming practices and fostering sustainable growth. They currently operate in Ibadan, Nigeria.
Rena Agric was facing challenges with the network service efficiency of their previous payment option. They often experienced service downtime, and this slowed down their business activities. They also found their approval workflow very manual and time-consuming within their team.
In the past, they managed approval within the team in this way:
This workflow prevented Rena Agric from completing crucial payments in time and impacted their business and relationships with their vendors. It also reduced payment visibility within the team and their payment reconciliation from month to month. They tried to be proactive by engaging traditional banks to better automate this process but it proved to be tedious.
With Duplo, they discovered a more simplified and time-efficient solution.
Their staff can now easily complete payments within their payment threshold using Duplo’s approval workflows
They experience fewer issues that stem from service downtime and are able to complete their payments within a quicker, more efficient timeline.
The dashboard has enabled more payment visibility within the Rena Agric team by making all their payouts easily trackable on one platform.
Standing on the seamless and efficient service they have experienced with Duplo, Rena Agric is moving to introduce their existing vendor base to Duplo to further integrate and automate their end-to-end payment flows.
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MDS Logistics Limited is Nigeria’s leading provider of integrated supply chain solutions. With a network of 44 distribution centres across Nigeria, MDS needed expense management systems that could serve its growing operational base. With Duplo, they have been able to improve how they pay beneficiaries across the country. The result? Successfully achieving full visibility in expense management. Read on for their story.
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