Company Research Report: Tarken

Company Overview

• Name: Tarken

• Mission: Tarken was founded with the mission to digitally transform the agricultural market from the gate outwards through software that integrates the agro-input channel to automate sales and credit, optimizing decision-making. The company aims to provide clients with better financial health by achieving an ideal balance between leverage, defaults, and growth in a fast, transparent, and digital manner.

• Founded: 2021

• Founders: Information not explicitly provided.

• Key People:

• Carlos Neto, Co-Founder

• Other notable personnel: Dan Faccio, Luiz Tangari, Rodrigo Belisário Lavenère-Wanderley (Consultant of credit)

• Headquarters: Rua Santa Rita Durão, 20, Belo Horizonte, Minas Gerais

• Number of Employees: 51-200 employees

• Revenue: No information is available

• Company Known For: Providing governance solutions for credit and collections for suppliers and industries in the agro-chain through technology.

Products

Tarken offers a range of software solutions for the agricultural sector focused on credit and sales processes. Below is a high-level description of these products:

1. CRM

• Description: Enhances sales processes by unifying all phases of customer relationships into a single, efficient platform for more effective and integrated management.

• Key Features: Management of sales stages, consolidation of customer interactions.

2. Radar

• Description: Identifies opportunities for increased sales to existing customers and new clients using data and AI-generated insights.

• Key Features: Market share analysis, campaign planning, structured visit reports.

3. Inspector

• Description: Optimizes the credit allocation process for rural producers using CPF or CNPJ for a comprehensive view.

• Key Features: Identity verification, landholding assessments, financial capacity evaluation.

4. ESG

• Description: Provides sustainability analysis of the producer, combining historical land area certifications for simple and integrated management.

• Key Features: Automatically issues certifications, deforestation information, and sustainability assessments.

5. Workflow

• Description: Integrates the entire workflow from initial credit application to approval and receipt, enhancing efficiency.

• Key Features: Full process governance, digital integration with field teams.

6. Rating

• Description: Automates the credit rating and limit calculations based on predefined parameters and regional market information.

• Key Features: Customizable scoring parameters, limit calculations.

7. Financing

• Description: Provides fast credit options integrated with banks and financing partners to maintain liquidity and customer retention.

• Key Features: Quick credit responses, off-balance sheet financing opportunities.

8. Agreements

• Description: Optimizes the process of document formalization and guarantees from draft preparation to contract registration.

• Key Features: Document customization, digital signature collection, registration management.

9. Monitor

• Description: Enables the understanding of default risk in the credit portfolio, weekly alerts on risk level changes.

• Key Features: Real-time operation risk monitoring, productivity and risk analysis through remote sensing.

Recent Developments

• Recent Partnerships/Expansions:

• Tarken is expanding the use of its platform through new partnerships such as with the Group Sipal and CJ Selecta, enhancing their credit management functions.

• They conducted a successful Go Live of their platform at Protec Produtos Agrícolas in Uberlândia-MG, achieving over R$1 billion in credit approvals in just 72 days.

• New Product Launches:

• Tarken has not specified new product launches but continues to enhance existing solutions and bring value through comprehensive updates and analytics features.

• New Features Added:

• The integration and automation features have been scaled, providing robust governance across various regional operations like at Protec and during collaborations with CJ Selecta.

• Events and Engagements:

• Hosting networking events such as their third-year anniversary gathering in São Paulo which enhances client and partnership relations.

• Participation in notable agro-credit workshops and providing cutting-edge analysis services to more partners and clients.

This comprehensive overview reflects the capabilities and strategic growth of Tarken as a company focused on providing technological solutions to enhance the credit and sales processes within the agricultural sector.