PJ has an impressive and accomplished track record as an enterprise software entrepreneur and executive. PJ has built a solid record of success with PrimeRevenue since being appointed Chief Executive Officer in July of 2009. The company has received numerous awards for growth, customer service, innovation, along with being recognized as a top employer.
Despite recent interest rate increases, appetite for early payment options like supply chain finance remain strong. While it’s true fluctuations in base rates will have an impact on all sources of financing, supply chain finance is still a smarter, cheaper and more attractive liquidity option for most businesses.
How much of a company’s accounts payable should be involved in a supply chain finance program? In other words, how much is too much? We discuss the answer as well as what fluctuations in accounts payable percentages indicate (if anything).
Volatility is still the watch word and guiding principle for finance leaders as they wade into the uncertainty of 2023. Early payment could the strategic financial advantage they need.
Gathering together for the first time in 2 years at our 2023 Global Kick Off event has renewed our TEAM’s focus, collaboration, and energy. Culture still stands as an invaluable resource, all while we still get work done.
The headwinds that will shape supply chains in 2023 will be largely out of business leaders’ control. Examples include geopolitical conflict and tensions in Ukraine and Taiwan as well as financial stressors, including liquidity concerns, currency exchange volatility and rising interest rates. Current uncertainty will likely give way to even greater turbulence in the early months of 2023 – the implications of which will be felt for some time.
How can business leaders help suppliers survive another wave of disruption when many are already treading water? One way to provide immediate relief is through a working capital initiative.
Inflation, supply chain disruption, rising interest rates – today’s businesses face countless challenges. That’s why it’s more important than ever to implement solutions that strengthen financial health to tackle roadblocks.
PrimeRevenue is inspired and invigorated to solve companies’ most persistent B2B payment challenges in addition to fueling working capital improvement.
Supply chain finance’s growing popularity is emphasizing the importance of transparency and best practices in trade finance.
PrimeRevenue’s mission moving forward is to connect the entire global supply chain through automated digital payments, increased visibility, enhanced control, and improved cash flow.
Extending the power of supply chain finance to the mid-market is one of our proudest accomplishments, and we are just getting started.
Late payments can devastate a business. It’s time to implement cash flow solutions that provide reliable payment throughout the supply chain.
© 2023 PrimeRevenue, Inc. All rights reserved.
© 2023 PrimeRevenue, Inc. All rights reserved.
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