With Supply Chain Finance solutions powered by PrimeRevenue’s open, multi-bank SCF platform, Buyer’s are better able to control key SCF parameters and achieve their SCF objectives.  Depending on a buyer’s objectives, benefits include:

• Increase cash flow by reducing working capital
• Standardize and harmonize payment terms
• Eliminate negative cash flow impact of term extensions on suppliers
• Improve AP efficiency and reduce AP costs
• Reduce costs with electronic payments (EFT)
• Provide suppliers EDI or real time electronic remittance information
• Reduce supplier payment inquiries through supplier payments portal
• Reduce cost, capital and risk in the supply chain
• Reduce supplier financing costs
• Reduce supplier working capital requirements/increase cash flow
• Help specific supplier groups
• Support low cost country sourcing
• Increase returns on short term investments

Additionally, many functional groups within the Buyer company realize benefits of the PrimeRevenue SCF solution. See in particular the benefits for Sourcing/Procurement, Treasury and Accounts Payable.