Supply Chain Finance is a game changer for companies in the Asia-Pacific region with many corporations using this solution to de-risk their supply chains and realize working capital improvements. ~ Eugene Buckley, PrimeRevenue, Inc.
Atlanta, GA (PRWEB) May 13, 2014
PrimeRevenue, Inc., the solution provider for optimizing cash flow in global financial supply chains was named the winner of a Gold Stevie Award in the Technology Executive of the Year category in the annual Asia-Pacific Stevie Awards today. The Supply Chain Finance provider was also recognized in the Technology Company of the Year Category.
The Asia-Pacific Stevie Awards are the first business awards program to recognize achievement in business in all 22 nations of the Asia-Pacific region. They are the newest of the Stevie Awards programs, which are widely considered to be the world's premier business awards, conferring recognition for achievement in the workplace in programs such as The International Business Awards for more than a decade.
“Supply Chain Finance is a game changer for companies in the Asia-Pacific region,” said Eugene Buckley, vice president and general manager Asia-Pacific, PrimeRevenue, Inc. “As supply chains continue to fragment and proliferate globally, so does the need to finance them. Many corporations lack the working capital capacity needed to strengthen their supply chains and fuel growth. As a result, companies in the region are focusing on optimizing their supply chains more than ever before,” added Buckley.
The working capital finance solutions offered by PrimeRevenue’s OpenSCiTM suite of applications allow both large buyers and local Asia suppliers to improve cash flow and optimize their financial supply chains. Supplier Finance is now seen as a strategic component of a company’s working capital management kit with many corporations across the region using this solution to de-risk their supply chains and realize working capital improvements.
“We are delighted that the Asia-Pacific Stevie Awards have debuted with such a stellar group of winners,” said Michael Gallagher, president and founder of the Stevie Awards. “We look forward to celebrating the winners and presenting them their awards at the gala banquet in Seoul on 30 May. We extend our most heartfelt congratulations to all of this year’s Gold, Silver and Bronze Stevie Award winners.”
About the Stevie® Awards
Stevie Awards are conferred in five programs: the Asia-Pacific Stevie Awards, The International Business Awards, The American Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. A sixth program, the German Stevie Awards, will open later this year. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
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 clients through its OpenSCi suite which offers the control and flexibility required by organizations to optimize their working capital as well as reduce costs and risks throughout the financial supply chain. Headquartered in Atlanta, PrimeRevenue also has offices in London, Paris, Frankfurt, Prague, Melbourne, and Hong Kong. PrimeRevenue operates some of the largest supply chain finance programs for clients around the globe. For more information or to contact us, please visit http://www.primerevenue.com.