Questions and answers

An AI ecosystem of seven modules: procurement, finance, construction, sales, mortgages, valuation and homebuyer services. Orders from many companies go to the factory as one batch, and apartment buyers get fit-out at the price of that same order.

The model and the architecture are ready. Financial optimization, group purchasing and business automation are launching as pilots with the first partners. Construction control, mortgages and the buyer workflow are in development, and property valuation is the next stage. Each module's status is shown on its page.

One module or one procurement category, selected projects and a fixed timeframe. The partner gets results measured on its own data, plus first-partner terms.

With a pilot of one module on your projects. A Magic manager contacts each company personally and works with it to choose where to begin.

No. Payments go through your bank.

Magic deals provide for settlement through a letter of credit (L/C) or a bank guarantee, and the terms of payment to the factory are secured by the bank. Magic does not hold customer money.

No. Magic connects to your systems and shows the alternative next to your current terms.

Both are named in the deal agreement before payment. Import requirements and responsibility for them are set out in the deal agreement. To take part in a tender, a factory confirms its certificates for the destination market.

Deals provide for pre-shipment inspection of the batch. Replacement and compensation for defects follow the terms of the supply agreement, and Magic gathers the documents for the claim. Defects lower the factory's rating in future tenders.

The lead time in an offer is calculated through to the site: production, freight, port, customs clearance and delivery. A port buffer is already built into it.

Late-delivery penalties are provided for in the factory agreement. Agents track the batch from the first day of production and flag delay risks early, and any missed deadline is reflected in the factory's rating.

A customs broker verifies the tariff classification (HS code) before shipment, and customs duty is included in the landed cost. Liability for a classification error is set out in the deal agreement.

Against two baselines, kept separate, on your own invoices, with a calculation anyone can reproduce.

Magic works with the price of what the company buys: each invoice is checked against the pooled order price and the landed cost. The module also shows the revenue the company can earn from its own customers.

No. A request enters a pooled order without a name.

The first pilots are in Israel. Canada and the US are the next markets. The finance module and automation are designed to work in any country.

Yes. The finance module, automation and group purchasing are designed for hotels, manufacturing, retail and services.

An application, a review and an agreement. Requirements for each role are on the partner pages.

On common terms, by landed cost and by the record of past deliveries.

The seller. Warranty, returns and delivery remain the seller's responsibility. Magic helps gather the documents for a claim and maintains seller ratings.

The model and architecture are ready, and the first pilots are launching in Israel. Detailed materials are available on request.

On request through the Investors page, after signing an NDA.