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Follow on Google News | Leading Supply Chain Finance Solutions Provider Achieves Significant Customer Growth in 2011Growing Interest in Supply Chain Finance Results in Prominent Customer Acquisitions for PrimeRevenue
PrimeRevenue provides its market leading, web-based, multi-bank, multi-currency SCF platform to buyers and their suppliers to help them reduce cost and capital risk throughout their supply chains. The PrimeRevenue SCF platform offers suppliers online visibility into their approved receivables at no cost. Additionally, suppliers are provided with the option to receive early payment at a low discount rate based on the buyer’s credit rating. By joining the SCF program, suppliers gain access to an on-demand and reliable source of operating cash flow. “We are thrilled that PrimeRevenue’ Commenting on the growing interest in SCF amongst suppliers worldwide, PJ Bain, PrimeRevenue’ About PrimeRevenue, Inc. For Global 2000 organizations who view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the leading provider of multi-bank Supply Chain Finance (SCF) technology and services. The PrimeRevenue OpenSCi™ SCF platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost and capital risk throughout their supply chains and forging stronger supplier relationships. Headquartered in Atlanta, Georgia, USA, PrimeRevenue also has offices in Paris, Frankfurt and Prague in Europe, as well as in Melbourne, Australia, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com Contact: Oana Leventi-Perez PrimeRevenue, Inc. (o)+1-404-665- (c)+1-678-368- oleventiperez@ # # # PrimeRevenue has been delivering the most comprehensive solution for Financing the Supply Chain since 2004 and using that experience to bring Buyers, Suppliers and Financial Institutions into a common trading environment that runs across national borders, using multiple languages and multiple currencies, securely accessed over the Internet. Today PrimeRevenue is running the world’s largest SCF trading programs, currently supported by a mix of 32 financial institutions globally. Thousands of transactions are taking place on our platform every day, with more Buyers and Suppliers joining all the time. And unlike individual banks, lenders or tech firms, we offer you a broad advantage: a proven, comprehensive, end-to-end program for financing your Supply chain, which is all we do, all the time. End
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