Archive for Supply Chain Finance
In the ‘open RFI’ project, over 30 providers of supply chain finance (SCF) services will participate with the goal to directly compare the services available to corporations who seek to put in place an supply chain finance programme for their smallest suppliers.
Read MorePrimeRevenue is a major platform for working capital finance solutions. It signed a strategic partnership with OpusCapita, a leading provider of Purchase-to-Pay and Order-to-Cash services. Addressing the high demand for supply chain finance in the Nordics, OpusCapita is leveraging PrimeRevenue’s product suite to deliver a unique range of multi-funder supply chain finance solutions for companies in the region.
Miikka Savolainen, Director for Supply Chain Finance, OpusCapita:
“Our new supply chain finance offering optimizes both the buyer’s and the supplier’s working capital and helps both parties ensure that they have liquid assets at their disposal when needed. We selected PrimeRevenue as our supply chain finance partner because they have demonstrated years of leadership in this space.”
“OpusCapita launched the first major supply chain program in Finland. Such large scale financing solution with hundreds of suppliers as part of a program has not been seen in the Nordics yet. This program is enabled by OpusCapita’s sophisticated supply chain finance services and PrimeRevenue’s platform.”
Dan Juliano, Senior Vice President of Business Development and Product, PrimeRevenue:
“Partnering with PrimeRevenue gives OpusCapita’s customers access to a global platform for processing supply chain solutions financed by banks and non-bank funders. Adding PrimeRevenue’s supply chain financing platform to OpusCapita’s procure-to-pay solution allows them to add more differentiated value to their network of buyers and suppliers. The combined solution allows OpusCapita to monetize their network by provide working capital finance to their thousands of buyers and suppliers.”
Standards help them to focus in deploying their end-to-end solutions for purchase-to-pay and order-to-cash processes for the best possible user experience and process benefits, for customers all over the world.
Read MoreWhile Latin America is the current hotbed for such legislation, similar mandates are cropping up worldwide as countries prove the effectiveness of financial legislation in maximizing tax revenues.
Read MoreThe repeatedly proven interoperability provides customers with a network to exchange information efficiently across their financial supply chain and manage their working capital.
Read MoreThe cash that companies need to drive their growth is often tied up in manual processes and late payments. How much cash could be freed up by automating processes, improving spend visibility and aligning the finance and procurement functions?
Read MoreThe average SME is owed £40,857 in unpaid invoices. When applied across the UK’s 5.2 million SMEs, the total owed could be as much as £212 billion, reveales a survey conducted by Tungsten Network
Read MoreInvoiceware International had a record-breaking first half of 2015, with an 80% increase in business compared to the first half of 2014 and an on-going 100% client retention rate. Among the newest clients are Pfizer, DSM NV and Tennant Company.
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“We’re committed to continually extend value to businesses on Tradeshift through an open and collaborative app platform, and the partnership with C2FO speaks to that”
Read MoreTurning the complex Latin America e-Invoicing regulations into supply chain finance opportunities is the latest offering providing working capital optimization and supply chain stability for multinationals investing in local manufacturing facilities across the LATAM region.
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