Atlanta, GA (PRWEB) November 05, 2012
Oliver Belin, PrimeRevenue Inc. business development executive for Europe, delivered a presentation at the Conference on Supply Chain Finance (SCF) organized by the International Factors Group (IFG) in Barcelona, Spain, on October 25, 2012.
Entitled “Key Success Factors in Using Third party SCF Platforms”, Mr. Belin’s presentation provided on overview of benefits for financial institutions to fund SCF programs on the PrimeRevenue OpenSCi™ platform as well as the key success factors in setting up and managing such facilities. In addition Oliver Belin highlighted reasons why SCF and working capital management are on the corporates’ top agenda at a time when access to credit is limited.
“For the foreseeable future, credit will not be as cheap or accessible as in pre-crisis days, while optimizing liquidity remains key to funding future investments” said Mr. Belin. “The multi-bank/funder capabilities available on the PrimeRevenue OpenSCi™ SCF platform allow for the management of multiple funders within an SCF program with the ability to “plug-and-play” funding institutions and provide liquidity on a global scale. Furthermore, our working capital advisory services allow us to customize the design of our SCF programs in order to address the evolving needs of each of our customers, helping them increase the efficiency of their supply chains and grow their business without costly and time consuming renegotiations and paperwork,” added Belin.
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 London, Paris, and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com