Why Suppliers Choose Supply Chain Finance
What are the five reasons why suppliers choose supply chain finance?
PrimeRevenue’s supply chain finance solutions help organizations in 80+ countries optimize their working capital to efficiently fund strategic initiatives and strengthen relationships throughout the supply chain. PrimeRevenue’s diverse multi-funder platform processes more than $250 billion USD in payment transactions per year. The company is headquartered in Atlanta, with offices in London, Prague, Hong Kong and Melbourne.
What are the five reasons why suppliers choose supply chain finance?
Tomorrow’s growth hinges on today’s access to liquidity. That’s why companies are turning to their supply chains to tap into working capital.
The chasm between supply chain finance and supply chain finance excellence is large. The most effective programs are rooted in collaboration and built on a framework, not a formula.
While the benefits of supply chain finance for a buyer are obvious, we explore how suppliers value early payment and payment visibility.
B2B payment automation reduces manual intervention, eliminates human error and minimizes risk for the entire supply chain.
Buyer benefits of tech-enabled B2B payments are only the beginning. There are powerful trickle-down effects for the entire supply chain.
PrimeRevenue’s end-to-end, five-step supplier onboarding process has been proven to increase program adoption rates to ensure overall supply chain finance success.
Two PrimeRevenue clients were honored in the Working Capital and Payments category for their outstanding achievement in supply chain finance
PrimeRevenue wins Best Platform Connecting Buyers/Sellers/Financial Institutions in Global Finance Magazine’s 15th annual Supply Chain Finance Awards
Many businesses still struggle with manual AP/AR processes and outdated technology. Here’s your guide to streamlining early and on-time B2B payment for the global supply chain.
Automated B2B payments free up time, money, and resources so AP departments can shift their focus from tactical tasks to strategic initiatives that drive the business forward.
Disruption affects suppliers of all sizes – but none more severely than small businesses. Even in favorable conditions, smaller suppliers’ well-being relies on timely payment.
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