PrimeRevenue Benefits for Suppliers

PrimeRevenue’s Supply Chain Finance solution provides Suppliers with transaction visibility and payment certainty around approved receivables, reducing the amount of cash tied up in the order-to-cash cycle.

Suppliers who participate in their Buyer’s program may choose to receive cash from 100% of the value on any or all of their approved receivables at any point up until the original maturity date. The program is completely optional; if they choose, a Supplier can simply wait and receive full payment at the end of the receivable term. Funding fees (offered at extremely attractive rates) only apply when Suppliers choose to discount the receivable early.

Payments to Suppliers are made electronically and with no transaction fees. In fact, at no charge, we provide Suppliers with information normally provided at a high cost, such as full remittance advice.

Payment cycles are reduced to as little as 48 hours. In fact, the entire process - from input of payable information to payment to the Supplier - is fast, automated and extremely secure.

Benefits of the solution include:

• Increase Operating Capital - PrimeRevenue links the flow of funds to the flow of transaction data and creates visibility into future cash flows. Unlike other alternative financing mechanisms such as factoring or asset-based lending, PrimeRevenue’s Supply Chain Finance solution focuses on approved receivables, not assets such as inventory. As a Supplier’s AR volume increases, more operating capital becomes available, and debt-to-equity ratios are vastly improved.

• Reduce or Eliminate Early Payment Discounts - By receiving payments on demand, Suppliers can reduce costs and eliminate early payment discounts.

• No Debt on Balance Sheet - Because PrimeRevenue’s early receivable financing is not a loan, no debt is incurred. More specifically, our early payment program settles the invoice so no debt is incurred.

• Better Balance Sheets and Stronger Credit – PrimeRevenue allows Suppliers to maintain a healthier balance sheet, reduce Days Sales Outstanding (DSOs) and improve cash positions. By establishing a consistently positive credit rating, Suppliers may qualify for more advantageous terms from Buyers and Financial Institutions.

• Quick and Easy Funding – Our program is extremely flexible and completely automates the payables financing and settlement processes. PrimeRevenue requires no software installation and is quick and easy to learn and use.

• Reduce Disputes, Collection and Cash Application Costs - Due to complete visibility into all invoices that have been paid.

• Remittance Advice - PrimeRevenue provides remittance advice at no charge. Our remittance advice capabilities allow Buyers to provide online remittance details directly to Suppliers - safely and securely - in any currency, anywhere at any time.

• Streamline AR/AP Processes Between Buyers and Suppliers – PrimeRevenue allows Suppliers to monitor the status of receivables on a daily basis, receive detailed transaction histories and update customer information easily.

• Ability to Discount Individual Receivables - Versus an arbitrary bundle.