PrimeRevenue Expands European
Presence
Supply Chain Finance Leader Opens Office in Prague
ATLANTA, GA, May 23, 2006—
PrimeRevenue, Inc., the leading provider of Supply Chain Finance
(SCF) solutions, today announced the establishment of an office
in the Czech Republic. The Prague location follows quickly
on the opening of the Paris office earlier in the year. It
will offer working capital solutions, enablement and customer
support in the rapidly growing European market.
“We are seeing a tremendous demand from leading Global
2000 companies in Europe looking for new ways to improve margins,
reduce working capital and improve supplier relations,”
said Joe Juliano, CEO, PrimeRevenue. “Our Prague presence
establishes a solid base from which to meet growing customer
requirements in Europe.”
“With in-depth knowledge of global markets and expertise
in the financial supply chain, PrimeRevenue is uniquely positioned
to assist treasury and procurement professionals throughout
Europe to reduce costs, optimize capital use, and remove risk
for all trading partners,” added Juliano.
“Our Prague staff will be focused on successfully implementing
our supply chain finance programs throughout the region,”
said Emmanuel Cuvillier, Vice President and General Manager,
PrimeRevenue Europe. “Our entire European Delivery Team
is dedicated to all aspects of client delivery and management.”
In response to accelerated growth in the SCF business and
the growing need for automating working capital operations,
PrimeRevenue plans continued expansion in the region with
further sales, program management and operational staff.
About PrimeRevenue, Inc.
PrimeRevenue is a supply chain financial services company
that provides automated Supplier Finance, Payables Presentment
and Financial Settlement services to Global 2000 organizations
and their Suppliers. When PrimeRevenue is part of an organization’s
financial supply chain strategy, costs throughout the supply
chain are reduced, working capital efficiency improved and
Supplier relationships enhanced. Headquartered in Atlanta,
Georgia, PrimeRevenue has offices and customers throughout
the world. For more information on PrimeRevenue, visit www.primerevenue.com.
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