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Lundi 15 Avril 2013

PrimeRevenue in the IFC 9th Annual Trade and Supply Chain Seminar

PrimeRevenue Speaks on the Importance of Supply Chain Finance for Emerging Markets.

PrimeRevenue Inc., the leading platform for global supply chain finance (SCF) today announced that PJ Bain, PrimeRevenue CEO, participated in a panel titled “Recent Deals in Commodity & Supplier Finance.” The panel was part of the 9th Annual Trade and Supply Chain Seminar organized by the International Finance Corporation (IFC) on April 3, on the eve of U.S. Export-Import Bank’s annual conference.

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. The IFC helps developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments and mobilizing capital in the international financial markets. Mr. Bain provided an overview of the trends in financial supply chains in developing regions and described best practices for successful SCF implementations.

“In the coming years, the strongest growth in SCF will come from emerging markets,” said PJ Bain, PrimeRevenue CEO. “Our customizable PrimeRevenue OpenSCiTM SCF solution accommodates multiple trade types and delivers support and enablement services on a global basis. Furthermore, our multi-bank capabilities eliminate restrictions related to jurisdictions or credit limits, facilitating access to competitively priced liquidity. For corporations in emerging markets, SCF is a strategic tool that allows them to improve working capital and manage liquidity needs in a fast changing business environment,” concluded Bain.

About PrimeRevenue, Inc.
For Global 2000 organizations who view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the leading provider of multi-bank Supply Chain Finance (SCF) technology and services. The PrimeRevenue OpenSCi™ SCF platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost and capital risk throughout their supply chains and forging stronger supplier relationships. Headquartered in Atlanta, Georgia, USA, PrimeRevenue also has offices in London, Paris, Frankfurt and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe.


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