Atlanta, GA (PRWEB) April 17, 2014
PrimeRevenue, Inc., the solution provider for optimizing cash flow in global financial supply chains will deliver a presentation titled “Understanding Supply Chain Finance” at the Treasury Management Association of New York on April 17 in New York City.
The ongoing transformation of financial markets coupled with the aftermath of the credit crunch has made it imperative for corporate treasurers to adopt solutions that allow liquidity to be extracted from the business’ internal operations. Instead of relying solely on banks as the only source of funds, an increasing number or corporations are adopting Supply Chain Finance as a strategic tool for optimizing working capital for their supply chain partners. The discussion led by Oliver Belin, marketing director, PrimeRevenue, Inc., will cover the importance of Supply Chain Finance in the current market environment, the different options available to implement such a financing solution and the key success factors.
“The benefits from Supplier Finance solutions include both sides of the trade relationship equation,” says Oliver Belin. “Today, cash has become the new trophy mandate, and suppliers often find it difficult to access the liquidity they need. Cash visibility, management of liquidity and risk are key priorities of corporate finance executives and Supply Chain Finance allows them not only to identify available sources of finance but also utilize the additional cash flow to support their supplier base,” added Belin.
About PrimeRevenue, Inc.
For organizations that view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue has the answer. PrimeRevenue provides cash flow to more than 14,000 buyers and suppliers through their OpenSCi platform which offers the control and flexibility required by organizations to optimize their working capital and reduce costs and risks throughout the financial supply chain. Headquartered in Atlanta, PrimeRevenue also has offices in London, Paris, Frankfurt and Prague, as well as in Melbourne and Hong Kong, and operates some the largest supply chain finance programs for clients around the globe. For more information or to contact us, please visit http://www.primerevenue.com.