OpusCapita Frees up Cash for SME's in the Supply Chain with PrimeRevenue

02.09.2015

Strategic Partnership Delivers Best-in-Class Supply Chain Finance Solutions to Companies in the Nordics

Buyer

OpusCapita, the leading provider of Purchase-to-Pay and Order-to-Cash services, signed a strategic partnership with PrimeRevenue, the most deployed platform for working capital finance solutions. 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.

“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,” comments Miikka Savolainen, Director for Supply Chain Finance, OpusCapita. “We selected PrimeRevenue as our supply chain finance partner because they have demonstrated years of leadership in this space.”

“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 Opus Capita’s procure-to-pay solution allows them to add more differentiated value to their network of buyers and suppliers,” said Dan Juliano, Senior Vice President of Business Development and Product, PrimeRevenue, Inc. ”The combined solution allows OpusCapita to monetize their network by provide working capital finance to their thousands of buyers and suppliers.”

“OpusCapita launched the first major supply chain program in Finland,” Miikka Savolainen further states. “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.”

About OpusCapita
OpusCapita sets the new standard for financial processes. With 2,300 passionate professionals, we focus on Purchase-to-Pay and Order-to-Cash processes where we combine software, outsourcing and services with a delivery model that offers the best value for our customers. We have operations in nine countries and vast experience accumulated with over 11,000 customers, with end-users in more than 50 countries. In 2014, OpusCapita’s net sales totaled EUR 260 million. OpusCapita is part of Posti Group Corporation and has its head office in Finland. www.opuscapita.com

Contact:
Miikka Savolainen
 +358 40 753 6484
miikka.savolainen@opuscapita.com

About PrimeRevenue
PrimeRevenue processes more than $90 billion in transactions for more than more than 17,000 clients in over 50 countries. The company operates some of the largest supplier financing programs around the globe. Headquartered in Atlanta, with offices around the world, PrimeRevenue offers financing options through its OpenSCi product suite, providing control and flexibility for organizations to optimize working capital, improve margin, reduce costs, and lower risks throughout the financial supply chain. Visit http://www.primerevenue.com

Contact:
Oana Leventi-Perez
PrimeRevenue, Inc.
(o)+1-404-665-3768
(c)+1-678-368-2583
oleventiperez@primerevenue.com