PrimeRevenue to Highlight the Part of Provide Chain Finance as a Functioning Capital Optimization and Danger Management Remedy


Atlanta, GA (PRWEB) April 28, 2014

PrimeRevenue, Inc., the solution provider for optimizing money flow in worldwide economic supply chains announced nowadays that Matt Doorley, vice president and general manager for the Americas and Brian Medley, strategic account executive will deliver a crucial presentation on the part of Provide Chain Finance as a strategic working capital optimization tool. Titled Supply Chain Finance: The New Battleground for Major Organizations, the presentation will be part of the Minnesota AFPs 32nd Annual Conference held by the Association for Financial Pros at the Saint Paul River Centre in St. Paul, Minnesota on April 29.

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Improving operating capital for all parties in the provide chain is important in todays marketplace. Faced with elevated money flow requirements, corporations are seeking for revolutionary options to minimize danger in their provide chain whilst injecting liquidity to increase development, said Matt Doorley, vice president and general manager for the Americas.

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The general aim of Supplier Finance is to optimize functioning capital throughout the finish-to-end provide chain for both purchasers and suppliers. The OpenSCiTM suite of applications enables purchasing organizations to produce operating money flow even though creating a true win-win situation for their whole supply chain with deeper and broader trading relationships. With payments produced electronically frequently on the subsequent business day, and with no transaction fees, operating capital is reduced and money flow is less constrained, enabling suppliers to reduce Days Sales Outstanding (DSO) and sustain a healthier balance sheet.

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We see strong demand for Provide Chain Finance from huge purchasing organizations as well as their suppliers, adds Doorley. Thousands of companies from various industries have already implemented Provide Chain Finance applications with PrimeRevenue and achieved a lot more than $ one hundred Million in cash flow within a few months. Supplier Finance has emerged as the most well-liked remedy for working capital management.

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About PrimeRevenue, Inc.&#13

For organizations that view their provide chains as a strategic asset and are searching for to enhance supply chain efficiency, PrimeRevenue has the answer. PrimeRevenue provides money flow to a lot more than 14,000 purchasers and suppliers by way of its OpenSCi suite which delivers the handle and flexibility required by organizations to optimize their functioning capital and decrease expenses and dangers 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 the largest provide chain finance programs for clientele about the globe. For far more information or to contact us, please check out http://www.primerevenue.com.

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