PrimeRevenue SCF Platform Cited As A ‘Top 20 Innovation Over Past 20 Years’ by Bank Technology News
Publication rates PrimeRevenue Supply Chain Finance Platform in list of top innovations that includes internet banking, online bill payment, mobile banking and next-generation ATM’s
ATLANTA, GA, October 03, 2007 —Bank Technology News (BTN) announced in its September 2007 edition that it has selected PrimeRevenue’s Supply Chain Finance (SCF) Platform as one of the top innovations in the financial sector over the past 20 years.
BTN honored PrimeRevenue in the “Innovators” category and described the company’s SCF solution as “...one of the prime conduits between Fortune 500 clients and their business partners. With automated remittance matching, exceptions handling and other procurement tasks, the company is prepping for a ten-fold increase in transaction volumes into 2008.” The PrimeRevenue SCF Platform has been implemented by some of the largest Global 2000 companies and the company has built key partnerships with some of the world’s leading financial institutions.
Joe Juliano, CEO of PrimeRevenue commented: “BTN’s endorsement is powerful commentary on what we’re doing at PrimeRevenue, and is strong witness to the market’s demand for this type of financial solution. We’re thrilled at this honor and will continue to deliver innovative solutions to our customers and financial institution partners.”
The BTN story may be viewed online at
http://www.americanbanker.com/btn.html?issue=200709
About PrimeRevenue, Inc.
PrimeRevenue's leading global Supply Chain Finance (SCF) platform and solutions enable dramatic new working capital efficiencies for the benefit of buyers and their suppliers. PrimeRevenue achieves this through the delivery of secure, robust, industry-leading technology, a global community of the world’s most innovative financial institutions and partners, and flexible working capital solutions and advice. Companies are relying on SCF deployments powered by PrimeRevenue to increase profitability, remove risk from their supply chain, and forge stronger trading partner relationships. Headquartered in Atlanta, Georgia, PrimeRevenue has offices and customers throughout the world. For more information, visit www.primerevenue.com.
MEDIA CONTACTS:
Shari Garnsey
Global Manager, Marketing and Communications
+1 678 904 7141
sgarnsey@primerevenue.com
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