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SupplyNote, a business-to-business (B2B) software-as-a-service provider helping food and beverage (F&B) companies digitize and automate their supply chain and procurement, has integrated Posify solutions through an acquisition agreement signed by its parent company AdCount Technologies Private Limited This enables SupplyNote to protect all of Posify’s existing customers and furthers the company’s goal of quadrupling its customer base in the next fiscal year.
“At SupplyNote, we are excited to acquire Posify Solutions to improve our technology offerings to help our customers generate more revenue and build their businesses. With most stores still using pen and paper to deal with poor inventory management, the foodservice industry Often have to take huge losses.” Kushan, Co-founder and CEO of SupplyNote.
SupplyNote’s mission is to digitize the food and beverage industry, connecting outlets, service providers and suppliers, enabling them to manage inventory, place orders and discover sales performance insights to strengthen their businesses. According to a company statement, with the merger of Posify’s solution, SupplyNote has acquired Posify’s intellectual property and assistance from its technical team.
Founded in 2019 by co-founders Kushang, Abhishek Verma, Nitin Prakash and Harshit Mittal, SupplyNote is a comprehensive SaaS e-commerce platform that helps food businesses scale.