Atlanta, GA (PRWEB) May 23, 2012
PJ Bain, PrimeRevenue Inc. CEO, delivered a presentation on May 15th at the Fusion Conference at the Gaylord Opryland in Nashville, Tennessee, an annual event held by the Institute of Financial Operations (IFO) during May 13-17, 2012. Part of the “Supply Chain Financing and Dynamic Discounting” session, Mr. Bain’s presentation highlighted ways in which PrimeRevenue’s OpenSCi™ supply chain finance (SCF) solution improves supplier relationships.
Fusion, the largest event presented by IFO for professionals working in all areas of financial operations, featured five days of breakout sessions, keynotes, and networking opportunities. Mr. Bain’s presentation, very well attended by a highly interactive audience of retail executives, focused on the advantages PrimeRevenue’s OpenSCi™ SCF solution offers for Buyers and their Suppliers allowing them to maximize working capital and reduce cost and capital risk.
“Throughout 2012 PrimeRevenue is in the process of rolling out its next-generation SCF solution branded PrimeRevenue OpenSCi™, which further integrates the value-add services we have developed into the framework of the platform itself by automating many of the related processes such as working capital analysis, Supplier onboarding, and reporting and analytics,” said PJ Bain, PrimeRevenue CEO. “These seamless improvements in a SaaS environment address multiple challenges in working capital and cash flow improvement. More importantly, they also extend value beyond simple, individual trade financing into more strategic and substantive benefits for financing the entire supply chain for a Buyer and/or Supplier.”
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 OpenSCi™ multi-bank Supply Chain Finance (SCF) technology and services. Our open SCF platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost, capital and 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.