Atlanta, GA (PRWEB) May 07, 2012
PJ Bain, PrimeRevenue Inc. CEO, delivered a presentation on the benefits supply chain finance (SCF) provides Buyers and their worldwide Suppliers. Mr. Bain’s presentation was part of the International Credit Executives (I.C.E.) Conference, an anticipated annual spring event held by The Finance, Credit & International Business Association (FCIB) in Chicago, Illinois, during May 2-4, 2012.
Part of the “Supply Chain Financing” panel held on May 3, Mr. Bain’s presentation outlined ways SCF benefits both Buyers and their Suppliers by mitigating critical business risks associated with selling internationally. Mr. Bain highlighted ways in which PrimeRevenue OpenSCi™, the multi-bank, multi-currency SCF solution delivered on the Cloud, optimizes working capital throughout the end-to-end supply chain, helping Buyers reduce costs while meeting their Suppliers’ cash flow needs and predictability.
“Our PrimeRevenue OpenSCi™ SCF platform streamlines the world’s largest supply chains by offering Suppliers early payment for their accounts receivables, without affecting the Buyers’ working capital positions,” said PJ Bain, PrimeRevenue CEO. “PrimeRevenue’s SCF platform allows clients to control all aspects of their SCF programs and gives them the flexibility to customize their SCF approach for different parts of their supply chains. At PrimeRevenue, we understand that SCF is a critical supply chain initiative and that is why our people support our clients with deep supply chain expertize,” 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 SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com
oleventiperez (at) primerevenue (dot) com