PrimeRevenue Selected as Top Innovator by Industry-Leading Publication
For second consecutive year, Supply Chain Finance leader joins top 25 Innovators selected by Bank Technology News in annual ranking.
ATLANTA, GA – November 27, 2007 – ATLANTA, November 27, 2007. Bank Technology News (BTN)announced its annual list of The Innovators in its November 2007 edition and PrimeRevenue joined the publication’s designation leaders in financial services innovation. This is the second consecutive year that PrimeRevenue was selected.
“We’re honored by this nomination and see it as a recognition of the continuing growth in deployment of our platform and solutions worldwide” notes Joe Juliano, CEO, PrimeRevenue, Inc. “We are seeing very strong deployment in Supply Chain Finance solutions in the corporate world, particularly as dynamics in the credit markets compel an increased focus - on both sides of the trading relationship - on liquidity in the supply chain.”
“This is a list of success stories in the industry...” states BTN. “The Innovators show how an aggressive, well-conceived technology strategy can boost revenue through untapped avenues, lower costs through operational efficiencies and differentiate a financial institution from its competitors in the minds of customers and investors.”
Focus on the financial flows is more and more becoming a requirement to building an efficient supply chain. Supply Chain Finance enables today’s business to bridge international challenges, reduce the DSO/DPO, and more effectively manage working capital and cash flows, and area of importance for companies to control.
The BTN story may be viewed online at www.americanbanker.com/btn.html.
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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