PrimeRevenue Inc., a provider of software and services for financing working capital, has signed a strategic partnership with Singapore-based financier ApexPeak.
A key component of supplier risk management for many companies is monitoring the supplier's financial health and viability to try and obtain early warning of potential supplier issues that could impact the continuity of supply. However, by itself, supplier monitoring misses opportunities to actually bolster and improve the supplier's financial health, which is particularly important for those suppliers that are highly leveraged and/or have cash flow challenges.
As the global economy picks up, working capital optimization will continue to be a high priority for corporate treasurers in 2015. In their drive for competitive advantage, treasurers are increasingly looking beyond the traditional forms of finance to explore a wider range of alternative funding options that support their working capital requirements, ranging from supply chain finance (SCF), to trade receivables securitisation (TRS), to factoring.
Is it wise to take advantage of early-payment discounts offered by suppliers? Or should you make other use of your cash until payment is due? There are lots of things to consider.
Although U.S. companies still trail their European counterparts in using the Chinese currency renminbi for cross-border deals, the frequency has nearly doubled in the past year, according to a recent HSBC study, as reported by the publication Treasury & Risk.
By many accounts, as the economy adds jobs, more small businesses are looking to borrow money, and more banks are eager to lend it - at least to the right borrowers.