Atlanta, GA (PRWEB) June 20, 2012
PrimeRevenue, Inc., the leading vendor for global supply chain finance (SCF) today announced that it was named the Best Technology Vendor by Trade & Forfaiting Review (TFR). The TFR Excellence Awards, which honor the best firms in the trade banking and finance sector globally, are based primarily on the votes of readers with a sense check made by TFR’s Editor’s Desk.
The PrimeRevenue OpenSCi™ SCF solution connects Buyers, Suppliers, and Financial Institutions (FIs) around a common view of future-dated financial settlement, linking supply chain events and the flow of funds, and allowing each party to maximize the benefits that could only be achieved through a collaborative partnership. With the development of its newest solution, OpenSCi™, an Open Supply Chain Interchange which provides funding, legal framework, transactional functionality and all related services for financing the supply chain and delivered on the Cloud, PrimeRevenue is able to better serve the SCF needs of its global customer base.
“We are honored to receive such high recognition from the readers of Trade & Forfaiting Review, a leading trade and supply chain finance publication,” said Bill MacPhail, chief information officer, PrimeRevenue Inc. “This award reaffirms our position as a leading SCF provider and we are very excited that PrimeRevenue OpenSCi™ allows us to move our SCF solution to a new level of service to Buyers and Suppliers globally adding increased value to all participants,” added MacPhail.
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 multi-bank Supply Chain Finance (SCF) technology and services. The PrimeRevenue OpenSCi™ platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost and capital 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, Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com