Transparency and planning reliability as the basis for strong growth in last mile delivery.
With the objective of increasing the efficiency of delivery in the “last few meters,” RYTLE develops electrically powered cargo bikes as an alternative in inner-city delivery traffic. The associated interchangeable boxes are packed by the logistics service provider and then stowed in mobile depots, so-called hubs. Thanks to intelligent technology in the specially developed app, all participants in the supply chain can be interconnected in real time. In addition to locking options for the cargo bikes, boxes and hubs, the app also offers integrated “track & trace” software and optimized route planning for last-mile service providers.RYTLE thus combines the latest technology and environmental protection for maximum flexibility in inner-city logistics. With RYTLE, customers find a holistic, networked concept including digital transformation for the last mile – in an intelligent way, virtually emission-free and cost-efficient.
Establishing and implementing controlling and reporting mechanisms creates financial transparency.
Together with Trustventure, RYTLE implemented controlling and reporting mechanisms. At the same time, Trustventure pursued the goal of developing a strategy to increase transparency for both sides – both shareholders and startup – without placing too much of a burden on management.
The introduction of liquidity monitoring in combination with direct working capital planning enables the management to make fact-based decisions and actively manage liquidity. Regular reporting and expert support in strategic planning also created planning security for RYTLE and, at the same time, transparency for its shareholders with regard to the financial and liquidity situation of its investment.
As a result of a significant increase in financial transparency for all parties could be established.