ATLANTA, Jan. 15, 2021 /PRNewswire/ — PrimeRevenue, Inc., the main platform for working capital finance options, has been named a World’s Finest Provide Chain Finance Supplier by World Finance Journal. As a part of the journal’s fourteenth annual awards, PrimeRevenue gained Finest Platform Connecting Patrons/Sellers/Monetary Establishments class.
The award acknowledges PrimeRevenue’s excellence in technological innovation, platform ease of use, and the flexibility to assist patrons and suppliers navigate unprecedented volatility. The World Finance editorial group evaluated a number of provide chain finance suppliers based mostly on a number of standards together with market share and world protection, product innovation, customer support, know-how, execution abilities and client-specific implementations.
The financial affect of COVID-19 has drastically elevated suppliers’ urge for food for liquidity, and PrimeRevenue’s early fee options are serving to them get entry to the important money they should stand up to disruption. All through 2020, the variety of suppliers onboarded onto PrimeRevenue’s options grew considerably as did the quantity of invoices submitted for early fee. PrimeRevenue additionally expanded its market attain by means of revolutionary capabilities that present extra provider and purchaser organizations entry to provide chain finance – together with pilot options resembling AdvancePay and patented options resembling Digital Time Drafts.
“Our revolutionary early fee options have been instrumental in serving to firms survive, develop and remodel their companies within the face of disruption,” mentioned PJ Bain, CEO of PrimeRevenue. “We’re proud to be honored for that achievement and reaffirm our dedication to giving extra firms entry to the advantages of provide chain finance in 2021.”
PrimeRevenue’s provide chain finance (accredited payables financing) options assist organizations in 80+ nations optimize their working capital to effectively fund strategic initiatives, acquire a aggressive benefit and strengthen relationships all through the availability chain. Because the main supplier of working capital monetary know-how options, PrimeRevenue’s numerous multi-funder platform processes greater than USD$250 billion in fee transactions per 12 months. The corporate is headquartered in Atlanta, with workplaces in London, Prague, Hong Kong and Melbourne. Extra details about PrimeRevenue may be discovered at www.primerevenue.com | Twitter: @primerevenue | LinkedIn: www.linkedin.com/company/primerevenue.
Contact: Ariane Wolff, (978) 729-3542, [email protected]
SOURCE PrimeRevenue, Inc.