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	“The issue of working capital management is no longer confined to companies’ collections and payments departments. Instead, companies are beginning to realize the need for a more holistic approach to working capital that stretches across their entire financial supply chain.” - PayStream Advisors

Reduce Costs and Improve Working Relationships

According to a recent AMR Research Report, two of the most important issues related to the supply chain are reducing overall costs and increasing collaboration between Buyers and Suppliers. PrimeRevenue offers effective solutions to address both of these issues. Our products and services create an overall stronger supply chain network, providing bottom-line benefits to both Buyers and Suppliers.

Benefits to Procurement include:

Negotiation of Better Terms. By utilizing our Payables Presentment and Settlement services, Buyers provide Suppliers with tremendous cash flow certainty and visibility. This allows Suppliers to greatly reduce the working capital tied up in their accounts receivable process. Making cash flow certainty and visibility available to Suppliers can be used to negotiate better terms such as extension of standard payment terms or lower prices.
Mandated Procurement Initiatives. Reverse auctions, RFID, Six Sigma and other mandated procurement programs may adversely affect Suppliers. The ultimate goal should be to allow Suppliers to implement these programs without raising costs or creating a network of distressed Suppliers.

With PrimeRevenue, Suppliers can improve their cash positions by discounting approved receivables to cash at anytime during normal invoicing terms. This increased cash liquidity helps ease the financial burden for Suppliers, making the implementation of these programs more successful.
Improvement to the Financial Strength of the Supply Chain. By utilizing PrimeRevenue's Payables Presentment and Financial Settlement services, Buyers provide Suppliers tremendous cash flow certainty and visibility, reducing the amount of working capital tied up in the accounts receivable process. In addition, our Supply Chain Finance solution provides cash liquidity while improving the cash conversion cycle for financially distressed Suppliers.
Advanced Capabilities. PrimeRevenue has low implementation requirements; Buyers often look favorably on Suppliers that take advantage of the use of technology to maintain a competitive edge.
Achieve Supplier Diversity Goals. Given the need to manage and finance growth, cash flow visibility and acceleration is highly desirable for Minority/Women Business Enterprises (M/WBEs). This need, coupled with Buyer initiatives to increase Days Payable Outstanding (DPOs), may present significant financial challenges to M/WBE Suppliers and can negatively impact the ability to attract and retain them. PrimeRevenue’s Supply Chain Finance solutions provide an invaluable service for addressing these challenges, helping to grow and strengthen the M/WBE Supplier base.