Phlo Systems enjoyed a prosperous 2024 making significant progress on several fronts, CEO Saurabh Goyal told me recently. “So far, 2025 has also been good to us,” he said. Indeed, 2024 appears to have been quite a strong year generally for vendors of CTRM and related software. However, Phlo Systems has added new customers across its three products amidst significant interest, Saurabh said. It is also positioning for growth in 2025 as it has made several key hires including two seasoned and experienced senior sales staff on the OpsPhlo side of the business with a view to attracting 4-5 new customers in 2025, he said. Its Global Trade and Customs solution (TradePhlo) has also done well, and Saurabh expects to soon announce its first customer using the solution for both British and Dutch customs clearances. Meanwhile, FinPhlo is also growing and going in new directions as its users (trade financers) receives funding from crypto funds and DeFi pools. 2024 was quite a good year, Saurabh said, in terms of acquiring new customers and sales. It was also a good year for completing a lot of incremental functionality across all its products. OpsPhlo (CTRM & ERP) got its first metals customer… continue reading