PrimeRevenue, Inc., the leading provider of Supply Chain
Finance (SCF) solutions, today announced the establishment of an
office in the Czech Republic. The Prague location follows quickly on
the opening of the Paris office earlier in the year. It will offer
working capital solutions, enablement and customer support in the
rapidly growing European market.
"We are seeing a tremendous demand from leading Global 2000
companies in Europe looking for new ways to improve margins, reduce
working capital and improve supplier relations," said Joe Juliano,
CEO, PrimeRevenue. "Our Prague presence establishes a solid base from
which to meet growing customer requirements in Europe."
"With in-depth knowledge of global markets and expertise in the
financial supply chain, PrimeRevenue is uniquely positioned to assist
treasury and procurement professionals throughout Europe to reduce
costs, optimize capital use, and remove risk for all trading
partners," added Juliano.
"Our Prague staff will be focused on successfully implementing our
supply chain finance programs throughout the region," said Emmanuel
Cuvillier, Vice President and General Manager, PrimeRevenue Europe.
"Our entire European Delivery Team is dedicated to all aspects of
client delivery and management."
In response to accelerated growth in the SCF business and the
growing need for automating working capital operations, PrimeRevenue
plans continued expansion in the region with further sales, program
management and operational staff.
About PrimeRevenue, Inc.
PrimeRevenue is a supply chain financial services company that
provides automated Supplier Finance, Payables Presentment and
Financial Settlement services to Global 2000 organizations and their
Suppliers. When PrimeRevenue is part of an organization's financial
supply chain strategy, costs throughout the supply chain are reduced,
working capital efficiency improved and Supplier relationships
enhanced. Headquartered in Atlanta, Georgia, PrimeRevenue has offices
and customers throughout the world. For more information on
PrimeRevenue, visit www.primerevenue.com.
