Executive Briefings

PrimeRevenue Expands Operations in Brazil and Italy

PrimeRevenue, provider of a platform for supply-chain finance delivered under a software-as-a-service (SaaS) model, has expanded operations in two locations, in addition to releasing version 5.4.3. of its OpenSci SCF platform.

The new version includes a number of upgrades for existing customers, as well as enhancements in support of the company's expansion to Brazil. They include translation of the SCF platform into Brazilian Portuguese, support for Brazilian companies through the incorporation of interest accruals that follow local compounding conventions, and increased negative-balance protection for credit-memo processing. In another company development, PrimeRevenue has entered into a partner with ALPAS srl, an Italian consulting firm. it specializes in management consulting with clients in the private sector, primarily industrial and service companies. The two partners will work together to educate the Italian market about the benefits to buyers and suppliers of adopting SCF technology, the company said.

Brazil

Italy

The new version includes a number of upgrades for existing customers, as well as enhancements in support of the company's expansion to Brazil. They include translation of the SCF platform into Brazilian Portuguese, support for Brazilian companies through the incorporation of interest accruals that follow local compounding conventions, and increased negative-balance protection for credit-memo processing. In another company development, PrimeRevenue has entered into a partner with ALPAS srl, an Italian consulting firm. it specializes in management consulting with clients in the private sector, primarily industrial and service companies. The two partners will work together to educate the Italian market about the benefits to buyers and suppliers of adopting SCF technology, the company said.

Brazil

Italy