News | October 8, 2012

PrimeRevenue To Speak On Successful SCF Methods

Oliver Belin Highlights Key Benefits of Using Leading Supply Chain Finance Solution

PrimeRevenue Inc. business development executive for Europe, will participate on a panel entitled “Key Success Factors in Using Third Party SCF Platforms.” Mr. Belin’s panel will be part of the Conference on Supply Chain Finance organized by the International Factors Group (IFG) in Barcelona, Spain, on October 25, 2012.

The first forum exploring supply chain finance (SCF) alternatives for companies that use factoring for financing, the event will focus on clarifying the fundamentals of SCF as a product and its tangible market advantages, present successful SCF implementations by companies that used factoring, and presentations by SCF specialists, and trade finance professionals. Mr. Belin will provide an overview of SCF highlighting the benefits third party providers offer Buyers and their worldwide Suppliers.

“The PrimeRevenue OpenSCi SCF solution is very advantageous from a buyer’s perspective because of our multi-bank capabilities which reduce dependency on a single bank or financial institution and eliminate restrictions related to jurisdictions or credit limits,” said Mr. Belin. “Furthermore, the PrimeRevenue OpenSci SCF Platform is delivered on a Software-as-a-Service basis which translates into low operational and technology overhead for both Buyers and Suppliers allowing for a flexible solution design. Our award-winning technology is recognized as the leading SCF platform in the market today and we striving to continuously increase the value we deliver to our rapidly growing global customer base,” concluded Belin.

About PrimeRevenue, Inc.
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 SCF 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, and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com.

Source: PrimeRevenue Inc.