Many businesses assume their biggest expenses come from production costs, wages, or raw materials. While those are significant, the real cost drains often lies in hidden inefficiencies such as delays and mismanaged transactions.
Running a business in any part of the world especially in Nigeria and Africa comes with its unique sets of challenges. Supply chains are complex, transactions take time, and paperwork slows everything down.
This is how businesses lose money:
Lack of visibility: If a business cannot track exactly where its products are at any given time, it risks delays, theft, and loss of inventory.
Manual approvals: If every approval depends on a key person who is unavailable, business stops. Orders get delayed, leading to dissatisfied customers and lost sales.
Paper-based processes: Documents can be lost, falsified, or delayed, making transactions less secure and prone to disputes.
Inefficient collaboration: Banks, merchants, and distributors often operate in silos, leading to miscommunication and slowed-down transactions.
This results in time waste, revenue loss, and a business that struggles to stay profitable.
At Taficasa, we believe that businesses should not lose money because of broken processes and this was the inspiration behind our flagship product, Flux.
Flux was designed to bring clarity, control, and efficiency to business operations, especially in industries that deal with bulk transactions.
Through these carefully designed features, Flux is set to be game-changer in the supply chain industry: