Mlekara Petrov has tested, validated and adopted Infidia‘s blockchain-based solution in the scope of BlockStart:
Why has the company decided to implement the solution: Like biodynamic agriculture and experience with different cultures, the company is interested in expanding its knowledge and finding out what the new technology has to offer. Its business is experiencing rapid growth, and it needs tools and finance to support it. With Infidia, Mlekara Petrov was willing to improve the factoring by expanding it to some of its clients that weren’t eligible.
Added value of the solution to the company: The used factoring before, and it sent examples of the documentation process to Infidia, provided them access to its software, and tested their solution.
What has been done during BlockStart’s pilot stage: The company provided to Infidia the documentation of the factoring process with one of its clients. They had many questions about the company’s business, and Mlekara Petrov also provided them access credentials for the software it uses (for the previous year for the testing purpose). At meetings, Infidia explained how the process works, provided Mlekara Petrov with the contact of the software provider, and the company tested their solution.