PrimeRevenue Announces 10 Year Anniversary

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PrimeRevenue Celebrates 10 Years of Supply Chain Finance Excellence

Supply Chain Finance; Working Capital Improvement
This is a very exciting time for PrimeRevenue. Our proudest achievement is the positive feedback we consistently receive from our customers ~ PJ Bain, CEO

PrimeRevenue Inc., the largest platform for optimizing working capital in global financial supply chains today announced its 10 year corporate anniversary.

Since its incorporation in 2003, PrimeRevenue has established a proven track record of success and has grown to be the market leader in supply chain finance. The company grew from a vision of using innovative technology to help businesses around the world dramatically improve their working capital and generate cash flow. Today, with 13,000 customers, 40 financial institutions partners, and more than $60 billion in annual trade flows, PrimeRevenue has become the world’s largest platform. The company’s success and its OpenSCiTM platform are consistently recognized by numerous industry awards in North America, Europe, and Asia for generating excellent results.

PrimeRevenue has remained committed to evolving its solutions to address the supply chain challenges of its growing global customer base. In response to the customers’ need for flexibility, reduced costs and the efficient exchange of information and transparency in payment and invoice flow, in 2012, PrimeRevenue launched OpenSCi. It’s an open interchange, which is globally accessible for buyers and suppliers in the cloud in multiple languages and currencies. OpenSCi encompasses a wide range of functionality including SCiMapTM, a unique working capital analysis tool and SCiEnableTM, customizable supply chain finance onboarding and enablement solution.

Commenting on the importance of this milestone, PJ Bain, CEO of PrimeRevenue, stated: “This is a very exciting time for PrimeRevenue. Our proudest achievement is the positive feedback we consistently receive from our customers,” continues Bain. “We have assembled a world-class team of dedicated, innovative supply chain finance experts. Together with our customers and our partners we are changing the way businesses optimize their cash flow and reduce risk for both themselves, and their trading partners. We look forward for the coming years to further service our clients with the best solution in the market and constantly improve our technology.”

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Oana Leventi-Perez
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Supply Chain Finance; Working Capital Improvement