Spenda Limited (CROTF) Research

Spenda Limited, an Australian enterprise based in North Sydney and rebranded from Cirralto Limited in February 2022, specializes in developing and deploying technological innovations. Its primary objective is to facilitate the modernization of business IT infrastructures by assisting in the conversion, migration, and ongoing management of legacy, server-dependent data and systems onto cloud platforms. The company operates through two main divisions: Software-as-a-Service (SaaS) and Payments, and Lending. Spenda offers a comprehensive suite of business-to-business services, including payment processing, merchant solutions, and tools for seamlessly integrating payments into software platforms or online marketplaces. Additionally, it provides various financing options, such as invoice, supplier, buyer, and agricultural finance. The company's portfolio extends to automation software for accounts receivable, designed to accelerate collections and incoming payments, and accounts payable, aimed at streamlining supplier payments and improving cash flow. Further offerings include portable point-of-sale systems, sales order management solutions for enhanced customer collaboration, eCommerce platforms, and warehouse management software to ensure accurate inventory data. Spenda also delivers specialized management tools, such as auto workshop management software, cloud-based field service management to streamline operations and elevate customer experience, and digital purchasing software to automate and optimize procurement workflows.

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