PrimeRevenue Shortlisted in 2023 Global Trade Review Leaders in Trade Awards
tags: awards, Supply Chain Finance
By 3 minute read• Published April 4, 2023 •
Atlanta (April 4, 2023)—PrimeRevenue is pleased to share the news that the company has been named to the shortlist in the 2023 Global Trade Review (GTR) Leaders in Trade awards, which highlight excellence in the trade, commodity, supply chain and export finance and fintech markets. PrimeRevenue is shortlisted in the category of Best alternative trade or supply chain finance provider.
PrimeRevenue was shortlisted due to its accomplishments throughout 2022, a year defined by economic volatility and uncertainty, in which the company helped businesses fund growth initiatives through providing solutions that target efficient payments and working capital improvements.
In 2022, PrimeRevenue’s full stack of solutions facilitated funding partners’ management of over $25B of assets on a day-to-day basis, accelerated payments on more than 10M invoices, enabled suppliers to get paid 95 days early on average, and increased cash flow by an average of more than $90M. With its broad network, PrimeRevenue processed more than $300B in payment transactions to accelerate cash flow and ensure on-time payment.
Further, an analysis of 2022 data showed that PrimeRevenue-led supply chain financing proved to be a much-needed buoy in rough economic seas, with historic interest rate increases having zero impact on supplier trading behavior.
Winners in all categories of the GTR Leaders in Trade awards will be announced at GTR’s annual charity awards dinner in London on May 3, which PrimeRevenue will be attending.
PrimeRevenue’s supply chain finance solutions help organizations in 90+ countries optimize their working capital to efficiently fund strategic initiatives, gain a competitive advantage and strengthen relationships throughout the supply chain. As the leading provider of working capital financial technology solutions, PrimeRevenue’s diverse multi-funder platform processes more than USD$300 billion in payment transactions per year. The company is headquartered in Atlanta, with offices in London, Prague, Hong Kong and Melbourne. Additional information about PrimeRevenue can be found at www.primerevenue.com | Twitter: @primerevenue | LinkedIn: www.linkedin.com/company/primerevenue.