iTEM eliminates delayed payments by instantly settling suppliers per sale. Built for retailers, manufacturers, and SMEs, our platform integrates with POS systems to settle supplier payments in real time, provide sales data and provides AI-powered insights for inventory, sales, and forecasting.
Why We Exist
In Kenya - and across much of Africa - over 80% of suppliers are forced to wait between 60 to 120 days to get paid after delivering products to formal retail stores. For small businesses and manufacturers, cashflow is king and this delay causes crippling cashflow gaps, making it nearly impossible to restock, expand, or even meet day-to-day operating needs. Many are left with no choice but to halt production or close down altogether. This broken system crushes SMEs, stalls growth, and inflates prices.
On the other hand, retailers are burdened with upfront payment obligations or short credit terms for stock that may sell slowly - or worse, expire on shelves. This ties up valuable working capital, limits flexibility, and creates tension with suppliers when payments delay or products underperform.
Our system ensures that suppliers are paid per item sold at the point of sale, restoring their cashflow and giving them room to grow. At the same time, we enable retailers to pay only for what has been sold, helping them manage cash better and reduce losses from slow or expired inventory. Through this, iTEM builds trust, accountability, and mutual success between both parties — transforming the retail supply chain into a smarter and fairer ecosystem.
iTEM;
Built for Growth
Retailers
> Pay only for sold stock
> Auto-replenish inventory
> Discover new suppliers
> Improve shelf performance
> Lower capital tied up in inventory
Suppliers/Manufacturers
> Get paid instantly after each sale
> Restock faster & grow predictably
> Access real-time market data
> Predict future demand & expiry risks
> Expand into new retail channels
Early Supporters
Empowering Suppliers & Retailers In Kenya
Suppliers
2
Retailers
2
Amount Settled
KES
34999950