PrimeRevenue, Leader in Supply Chain Finance, to Host High-Level Roundtables at ProcureCon for Supplier Management Event

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Leading supply chain finance provider highlights the role of supply chain finance as a strategic tool for procurement executives

Supply Chain Finance; Working Capital Improvement
With over 90 buyers and 12,000 suppliers on our OpenSCiTM SCF platform, PrimeRevenue is the leading SaaS platform for global supply chain finance, managing some of the world’s largest and most complex financial supply chains ~ Matt Doorley

Atlanta, GA, May 28, 2013 – PrimeRevenue, Inc., the leading platform for optimizing cash flow in global financial supply chains, today announced that, as a premier conference sponsor of the 2013 ProcureCon for Supplier Management event, it will host three roundtable discussions and a workshop addressing the positive impact of successful supply chain finance (SCF) implementations on working capital management and supplier relationships. Hosted by Worldwide Business Research (WBR), this premier event will take place on June 10-12 at Hyatt Regency of the Arch in St. Louis, Missouri.

Dedicated to the procurement function of supplier management, ProcureCon for Supplier Management takes a granular look at the vendor relationship piece of the procurement skillset, highlighting ways for procurement executives to become key drivers of supply availability and continuity, business excellence and working capital management.

Led by Matt Doorley, PrimeRevenue vice president and general manager for the American Region and co-presented by Oliver Belin, marketing director, PrimeRevenue’s “Ways Supply Chain Finance Strengthens Relationships in the Supply Chain” workshop will highlight ways procurement executives can use supply chain finance to free up cash trapped in the supply chain and strengthen relationships with their suppliers.

“As globalization marches on, supply chains have lengthened and become more complex,” said Matt Doorley, PrimeRevenue vice president and general manager for the American Region. “Given that increased complexity is synonymous with increased risk, this has sparked a trend for the adoption of supply chain finance (SCF) solutions, which are designed to mitigate the financial risks associated with cross-border trade with minimal cost and disruption to existing systems and processes. Under pressure to release capital, treasurers and finance directors are turning their attention to supply chain management and procurement. When effectively employed and implemented, supply chain finance programs can optimize working capital management, reduce risk and increase the transparency and flow of transaction data between trade counterparties without the need for costly and overly-complex system implementations or configuration procedures. With over 90 buyers and 12,000 suppliers on our OpenSCiTM SCF platform, PrimeRevenue is the leading SaaS platform for global supply chain finance, managing some of the world’s largest and most complex financial supply chains,” added Doorley.

About PrimeRevenue, Inc.
For organizations who view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the answer. Providing cash flows to more than 12,000 buyers and suppliers through the OpenSCi™ platform with the control and flexibility required to drive superior results and reduce cost and capital risk throughout their financial supply chains. 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 the largest supply chain finance programs for clients around the globe. For more information or to contact us, please visit http://www.primerevenue.com
Originally posted on: http://primerevenue.com/

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Supply Chain Finance; Working Capital Improvement