Atlanta, GA (PRWEB) July 24, 2013 -- PrimeRevenue Inc., the leading SaaS platform for global supply chain finance, conducted a webinar entitled “How Leading Companies Use Supply Chain Finance and Generate on Average $120 Million in Cash Flow.” This complimentary webinar highlights criteria corporations should use when evaluating supply chain finance solutions and the critical success factors in setting up and managing such programs. The Webinar also highlights the way the PrimeRevenue OpenSCiTM solution unlocks working capital benefits and delivers unprecedented cash flow results.
“When companies consider a supply chain finance solution, they typically default to the question: Which of my banks can provide my company funding and what is the price?” said Dan Juliano, vice president of business development at PrimeRevenue. “Since most companies have never evaluated or selected a supply chain finance solution, they are not familiar with the critical success factors that need consideration. Obtaining liquidity for a program is important but does not determine success. Remember, the goal of most supply chain finance programs is an increase in cash flow for the buying organization. If they achieve their goal of free cash flow but not a single supplier sold an invoice, is that program successful? The answer is simple: yes, because the buyer met its objectives. Financing of suppliers complements Supply Chain Finance programs but it does not define success,” added Juliano.
The interesting webinar was conducted by two industry leaders with a combined 20 years of experience in this market. Oliver Belin, published author in supply chain finance and Dan Juliano, acknowledged industry expert, discussed a range of topics:
• How supply chain finance works between the buyer and the supplier if the goal is extending terms.
• What are some of the critical success factors in selecting a Supply Chain Finance solution.
• SCiMapTM and SCiEnableTM, two OpenSCi solutions that help drive successful supply chain finance programs.
• A Q&A session where attendees ask questions on different elements of supply chain finance evaluations.
You can view the webinar online. It is available for on-demand viewing at: https://www..gotomeeting.com/register/723052343 [https://www..gotomeeting.com/register/723052343 __title__ Critical Success Factors for Improving Cash Flow Utilizing SCF]
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 flows to more than 12,000 buyers and suppliers through their OpenSCi™ platform which offers the control and flexibility required to drive superior results and reduce costs and capital 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 of the largest supply chain finance programs around the globe. For more information or to contact us, please visit http://www.primerevenue.com
Oana Leventi-Perez, Prime Revenue, http://www.primerevenue.com, +1-404-665-3768, [email protected]