Monday, September 19, 2016

Caytree Financial Sales Platform is launched in Nairobi


Caytree Partners has launched the Caytree Financial sales platform in Nairobi today. This sales platform transforms the selling process for businesses, schools and anyone that sells and invoices. Caytree Financial allows users to sell more, track who owes them money and collect. Recent studies show that a lack of access to capital is a major hindrance to the growth of most SMEs. In addition to selling, Caytree Financial will provide users with access to loans if they are short on funds enabling them to manage their business transactions with ease.
Users will be able to access the platform through their computer or mobile devices. Caytree Financial allows finance staff to send invoices right from the comfort of their office through its powerful invoicing feature. Field sales agents can track sales through the available Android mobile app in real-time. Caytree also comes with powerful reporting features that allow SMEs to generate a variety of sales reports and understand who their top customers are and view their best selling products.
Through their three packages, the Start-up Package, the Premium Package and the Enterprise Package, businesses will be able to sell quickly and easily, track debtors, and know when to issue invoices, all at a glance. Automated invoice reminders help SMEs collect their hard earned cash with less time and effort. Caytree Partners is also working with financial institutions to help SMEs get financing through the Caytree Financial platform.
Karibu Nyaggah, Caytree’s Founder says “Our goal is to help SMEs experience success using our platform. The recent interest rate capping is an opportunity
for both SMEs & financial institutions to take advantage of our platform. We have already initiated some promising discussions with financial institutions to provide working capital financing to our SMEs. Soon, we hope to provide SMEs with the capital they need to grow their business as they continually use Caytree Financial. We are also finding that as financial institutions face a new regulatory environment, our lending platform will provide them access to better lending tools and a new product opportunity.”
Caytree Financial is managed by an experienced team led by Mr. Nyaggah who has previous experience working in consulting at PricewaterhouseCoopers. Mr. Nyaggah also received his MBA from the prestigious Harvard Business School and returned to Kenya where he has worked closely with SMEs in both investment and training capacities.
Ends
Caytree Financial is a useful and practical sales tool for SMEs to do their invoicing. Entrepreneurs generally face a lot of difficulties locating the right audience for their products and services. Also coming soon as part of the sales platform is “Marketplace by Caytree” where registered sellers will be able to list their goods and buyers will be able to contact the seller directly after viewing the sale items.

No comments: