NORCROSS, GA, July 17, 2013 /24-7PressRelease/ -- PrimeRevenue, Inc., the leading platform for optimizing cash flow in global supply chain finance, announced today that the company has been named Best Global Supply Chain Finance Provider (Non Bank) and Best Web-Based Supply Chain Financing Solution (PrimeRevenue OpenSCiTM) by Global Finance Magazine. The winners will be recognized at the 2nd Annual Global Finance Transaction Processing Awards Ceremony on September 18th in Dubai, UAE.
Global Finance launched the awards in recognition of the growing significance of financial supply chain solutions and selected the winners across sixteen global and eight regional categories. A variety of criteria were used for choosing the winners, including market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations.
"The Best Supply Chain Finance (SCF) Providers are those that provide cost savings, working capital benefits and help ensure the security and stability of multinational supply chain financing," said Joseph Giarraputo, publisher and editorial director of Global Finance Magazine.
"We are very proud to once again be acknowledged as the world leader in global supply chain finance," said PJ Bain, PrimeRevenue CEO. "With 12,000 customers and USD 60 billion worth of transactions processed annually, our OpenSCi platform is the largest SCF platform in the world, allowing corporations to optimize their cash flow and working capital in their financial supply chain. Unlike other sources of liquidity, supply chain finance programs on our OpenSCi platform are very responsive and serve as an incremental source of funding as they add to existing cash resources," added PJ Bain, PrimeRevenue CEO.
For more information about PrimeRevenue, Inc., please visit http://www.primerevenue.com.
About Global Finance Magazine
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 163 countries. Global Finance's audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management. Its website - GFmag.com - offers analysis and articles that are the heritage of 25 years of experience in international financial markets, and provides a valuable source of data on 192 countries. It is headquartered in New York, with offices in London and Milan.
About PrimeRevenue, Inc.
For organizations that view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the answer. Providing cash flows to more than 12,000 buyers and suppliers through the OpenSCi platform with the control and flexibility required to drive superior results and reduce cost and capital risk throughout their financial supply chains. Headquartered in Atlanta, Georgia, USA, PrimeRevenue also has offices in London, Paris, Frankfurt and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong SAR, and operates some the largest supply chain finance programs for clients around the globe.
For more information or to contact us, please visit http://www.primerevenue.com.
Contact:
Oana Leventi-Perez
Marketing Communications Manager
PrimeRevenue, Inc.
(o)+1-404-665-3768
(c)+1-678-368-2583
[email protected]
For all media inquiries, please contact:
Allie Petit
Content Manager
Cardinal Web Solutions
http://www.CardinalWebSolutions.com
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