Streamline Operations and Improve Efficiency

PrimeRevenue offers numerous ways to enhance and streamline a company's financial operations and improve working capital efficiency.

Benefits to Treasury include:

• Working Capital Improvements. In the physical supply chain, excess inventory is needed as a "buffer" against fluctuations in inventory flows. In the financial supply chain, however, excess cash is needed to maintain a buffer against uncertain cash flows. This 'hedging' leads to wasted working capital and higher costs throughout the supply chain.
  
  PrimeRevenue Supply Chain Finance solutions greatly reduces the working capital tied-up in the financial supply chain, allowing companies to optimize working capital efficiency.

• Extend Payable Terms. Payable terms are extended for a number of reasons, including working capital improvement, increased cash liquidity and term standardization.
  
  Although extending terms may often seem like a good option for a Buyer, it often has negative financial ramifications for Suppliers. Many Suppliers resist term extension and Buyers will hesitate to extend terms as a result.
  
  By offering PrimeRevenue's Supply Chain Finance solution to Suppliers, Buyers can extend terms yet minimize or negate any negative impact on its Supplier base. For example, if a Buyer's current payment terms were extended from 45 day terms to 60 days, its Suppliers have the option of discounting receivables to cash as early as a few days into the receivable term at attractive interest rates.

• Improve Returns on Short Term Investments. PrimeRevenue provides Buyers with the unique option to optimize short-term cash by self-funding the Supplier finance portion of the program, improving the return on short term investments by several hundred percent or more.

• Financial Institution Flexibility. Unlike other programs, PrimeRevenue is Financial Institution independent. If the Buyer chooses not to self-fund the program, liquidity support can be established with the Buyer's relationship bank or a PrimeRevenue Financial Institution partner.

• Minimal Changes to Current Processes. Unlike alternative programs, PrimeRevenue requires minimal changes to existing business processes.

• Payables Presentment and Settlement. Delivered at no charge, our on-demand, automated Payables Presentment and Settlement capabilities allow Buyers and Suppliers to view real-time information and documents and monitor invoice and payment status. The results are reduced billing errors, better order fulfillment and delivery performance, and reduced service complaints.

• No Hassles or High Fees. When each invoice matures, Buyers send the funds to one account - the program's clearing account. PrimeRevenue automates typical manual processes (such as cutting paper checks) and significantly reduces AP processing and settlement charges.

• Reduced Inquiries and Disputes. Because Suppliers have increased visibility and detailed information on receivables, including applied credits, the number of inquiries and disputes are greatly reduced. PrimeRevenue provides Buyers and Suppliers with complete remittance advice.

• Multi-Currency Support. PrimeRevenue supports payments in every major currency.

• ERP and Accounting System Integration. PrimeRevenue integrates with all major enterprise resource planning (ERP) and accounting systems.