Strime provides a centralized order management system that integrates real-time stock updates and automates the reconciliation of purchase orders, delivery notes, invoices, and payments for B2B merchants. This solution reduces order processing time and minimizes stockouts, enabling businesses to increase revenue by up to 15% through automatic replenishments.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
B2B merchants often struggle with fragmented order management processes, leading to time-consuming manual reconciliation of purchase orders, delivery notes, invoices, and payments. Lack of real-time stock visibility results in stockouts and lost revenue opportunities.
Solution
Strime offers a centralized order management system designed to streamline B2B transactions by integrating real-time stock updates and automating the reconciliation of key documents. The platform enables merchants to manage all their direct supplier orders in one place, eliminating the need for phone calls and email exchanges. By digitizing order workflows and providing up-to-date stock information, Strime helps businesses reduce order processing time, minimize errors, and prevent stockouts. Automatic replenishment features further contribute to increased sales and improved customer satisfaction.
Target Audience
Strime primarily targets B2B merchants, including retailers and distributors, seeking to optimize their order management processes and improve efficiency. The platform also caters to suppliers looking to expand their reach and streamline order fulfillment.
Features
- Centralized order management dashboard for streamlined B2B transactions
- Real-time stock updates to prevent stockouts and optimize inventory levels
- Automated reconciliation of purchase orders, delivery notes, invoices, and payments
- Digitalized workflows to eliminate manual processes and reduce errors
- Automatic replenishment features to increase sales and minimize lost revenue
- Supplier portal for easy product listing and order management