What is Supplier Finance?

Another question is: How does supply chain finance work?

The supplier will send their invoices to buyer following the current policy. The buyer approves the invoices. They then upload the approved invoice data (its payables, as well as any applicable payments offsets such credit/debit memos), to the SCiSupplier platform.

The next question is: What is the difference between supply chain finance and trade finance? Let's clarify: Trade finance can be used to finance both domestic and international supply chains. Supply chain finance, on the other hand, is designed to finance trade finance. However, trade finance provides a wider range of solutions.

You might also wonder, "Who is the supplier of funds?"

Supply chain financing includes supplier financing. It is an integral part of improving cash flow and operations for many companies. This provides credit facilities for companies to purchase goods and allows them to expand their business. This solution can be used by product distributors and manufacturing companies.

What does PrimeRevenue do?

PrimeRevenue is a cloud-enabled platform which creates a digital ecosystem among buyers, suppliers, and funders. This allows for the exchange of information on receivables as well as the flow of funds to pay invoices.