Atlanta, GA (PRWEB) April 23, 2012
PJ Bain, PrimeRevenue Inc. CEO, will deliver a presentation on ways supply chain finance (SCF) enables companies to improve working capital while enhancing supplier relationships. Mr. Bain’s presentation will be part of the International Credit Executives (I.C.E.) Conference held by The Finance, Credit & International Business Association (FCIB) in Chicago, Illinois, during May 2-4, 2012.
The I.C.E. Conference, an anticipated annual spring event, provides country-specific forecasts and offers compelling perspectives on current international credit and risk management issues. Mr. Bain’s presentation will provide an explanation of the conflicting goals of large buying organizations and their suppliers to improve payment terms, reduce prices, and improve cash flow efficiencies. Mr. Bain will showcase ways PrimeRevenue’s SCF platform allows Buyers to achieve significant and ongoing working capital improvement while providing their Suppliers with additional access to capital, lower cost of financing, and greater cash flow certainty. Benefits of successful implementations of SCF will also be addressed by Mr. Bain, who will conclude by reviewing some of the best experiences learned so far.
“PrimeRevenue OpenSCi™, the leading global, multi-bank, multi-currency SCF platform delivered on the Cloud, links trading partners to a common network bringing unprecedented transparency to the entire supply chain,” said PJ Bain, Prime Revenue CEO. “Working capital and supplier relationships are important parts of companies’ growth plans and our supply chain finance (SCF) programs are designed to deliver significant benefits to both Buyers and Suppliers such as improving working capital efficiency, supporting low-cost country sourcing strategies, and improving the efficiency of the accounts receivable department. Our new OpenSCi™ solution will expand SCF capabilities even further to address multiple challenges in working capital and cash flow and allowing cross-application integration previously not possible with individual SCF solutions,” concluded Bain.
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™ 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, Frankfurt and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong, Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com