PrimeRevenue Shortlisted in RFIx23 Awards
tags: awards, Supply Chain Finance
By 4 minute read• Published May 22, 2023 •
PrimeRevenue Shortlisted in RFIx23 Awards, In Supply Chain Finance Provider of the Year Category
PrimeRevenue is pleased to share the news that the company has been named to the shortlist in BCR Publishing’s 2023 Receivables Finance International (RFIx) Awards, which highlight market players that have shown great resilience, commitment to their clients, and growth. PrimeRevenue is shortlisted in the category of Supply Chain Finance Provider of the Year.
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 accelerated payment on 12M invoices, facilitated nearly $150B in early payments and enabled suppliers to get paid 50 days early on average. With its broad network across more than 100 total funders and 40,000 suppliers, PrimeRevenue processed $1T in total contract spend, generating $25B supplier cash flow gain and $1B funder revenue.
Winners of the RFIx23 Awards will be announced at the Awards Gala Dinner on May 22 in London.