PrimeRevenue offers upply chain finance solutions, managing and optimizing cash flow for more than 20,000 customers in over 70 countries. The comprehensive solutions offered by its OpenSCi product suite allow its clients to involve their strategic trading partners to create tangible value for the entire value chain.
PRODUCTS & SERVICES:
PrimeRevenue's cloud-based OpenSCi product suite provides the technology needed to implement a supply chain finance program. OpenSCi suite consists of: SCiMap (prioritization of suppliers, procurement with customized negotiation support, information needed to bring all parties on board), SCiEnable (collaborative capabilities for buyers, suppliers and funders to come together for education and onboarding), SCiSupplier (protects suppliers, buyers and funders by providing complete transparency into their program; suppliers accelerate accounts receivable payments, while funders choose which accounts receivables to finance), and SCiCustomer (suppliers can proactively unlock cash without any involvement from their customers).
Working capital improvement solution for all stakeholders (suppliers, buyers, and funders) in a comprehensive suite. No matter on which side of the supply chain the user is, the solution addresses hallmark issues to improve financial health of every party.
NUMBER OF EMPLOYEES:
Each year, PrimeRevenue processes more than $100 billion in supplier transactions through its cloud-enabled platform. In December 2016, an average of more than $150 million in early payments were processed through the platform per day.