PrimaTrade

"Cash against data" enables more efficient trade and supply chain finance for suppliers of manufactured goods. Here is a short explanation of this simple, digitization technology which runs on the PrimaTrade platform. Leading CFOs, corporate treasurers and trade finance practitioners will immediately recognise what's happening here. Cash against data is a digital version of "cash against documents" - massively accelerating and expanding the availability of trade finance and supply chain finance to suppliers. It delivers significant additional savings versus traditional alternatives, and can easily be retro-fitted to existing SCF programs using PrimaTrade's "extend and automate" approach. https://lnkd.in/g9intqrz #tradefinance #supplychainfinance #digitization #dynamicdiscounting #workingcapital

Here's a corporate case study on how to make existing supply chain finance (SCF) programs run better - without having to make materials changes to them. Adding PrimaTrade is easy to do and we can go live without any IT investment. With PrimaTrade, corporate treasurers and CFOs can take control of working capital. We enable existing (and new) SCF programs to meet expectations with much higher utilisation, broader reach, automation and with P&L wins that procurement teams will appreciate. #workingcapital #supplychainfinance #upgradingSCF #tradefinance

Supply chain finance and supplier finance programs often get a bad rap from corporate treasurers: - invited suppliers don't take up early payments at scale; and - internal efforts to support SCF programs can be significant. PrimaTrade - make early payments to be truly early and retro-fit this capability to existing SCF programs (without a big drama). Let's make SCF work better for everyone. #supplychainfinance #tradefinance #workingcapital #instantpayments

Eurofinance - it's a wrap. Here is a 1 minute memory of the conference - thanks to the guys at Economist Impact for their support with the making of this video - and for the excellent conference as well! Go PrimaTrade! #eurofinanceintl #workingcapital #treasury #tradefinance

Supply chain finance is like a football game "Football is a game of two halves", as legendary English footballer Jimmy Greaves is reported to have said. Quite often, teams play differently in one half versus the other (for our American friends, we are talking "soccer" here). Supply chain finance is like football, at least when you are the corporate at the heart of the story, whose suppliers are going to benefit from early payments. There's the first half. - Suppliers hand over their goods or deliver their services - Invoices are issued, ERPs get updated - Financial controls operate and invoices get approved for payment At half time: - The action moves internal (generate invoice approvals) to external And there's the second half: - The game gets going and - Financiers step in to pay suppliers before the full term of the invoice Who is turning up for the first half? Most corporates (if not almost all) are playing the first half by themselves. The supply chain finance industry is not delivering what it should. - Corporate ERPs are not designed to generate invoice approvals quickly. - Typically ERPs don't know about invoices until after goods are delivered. - 3-way match does not happen until after delivery. And this means that invoice approvals take time to happen. - The first half is too long. - A lot of the value of early payments to suppliers has been lost. PrimaTrade plays the whole game. - Approve invoices for early payment quickly and automatically - Generate approvals at shipment and before data reaches the ERP - Maximise the value of early payments for suppliers We turn up for the first half. And the good news ... You can retrofit PrimaTrade's solution to existing supply chain finance (SCF) programs without significant effort. You can add us easily to existing SCF programs. You are playing by yourselves throughout the first half. We (at PrimaTrade) can join your team. And then you keep the second half of the game running as it does today - but simply now working better than before. Supply chain finance as a football game? - Play through the whole game with us - Make early payments truly early and - Automate your early payment approvals. Get in touch with us now to find out more (PrimaTrade). https://www.prima.trade or book an appointment directly via LinkedIn - click here on the link at the top of the profile: Tim Nicolle. #workingcapital #tradefinance #supplychainfinance #gameoftwohalves

PrimaTrade is scaling fast. Here are some of our recent wins, explaining what our clients are doing with our platform and why they are working with us. #workingcapital #tradefinance #supplychainfinance #ESG

EuroFinance 2024 is over - 2000+ treasury and finance professionals in Copenhagen this year. Great job guys. And what did we learn at PrimaTrade? Here are three things that corporate treasurers are telling us (focussed on payables, working capital and supplier financing). We are ready to respond! #eurofinanceintl #workingcapital #tradefinance #supplierfinancing

If you are thinking about upgrading or implementing supplier financing for your organisation - take the "dashboard challenge". It's an easy way to understand the capabilities of a platform - what can they actually tell you? PrimaTrade - it's the next generation. #workingcapital #supplierfinancing #scf #tradefinance

Eurofinance is coming (Wednesday next week, Oct 2nd) and we are going to be there. Handily our stand is opposite HSBC - so come and grab a coffee from their famous espresso bar and then visit us! Get a 2 minute update on how corporate treasurers and CFOs are taking control over their working capital KPIs by using our platform to manage how suppliers get paid. It's a huge step forward - generating working capital, improving margins, and ensuring Treasury is in charge of cashflow. Coffee optional! Click here: PrimaTrade. #eurofinanceintl #workingcapital #tradefinance #esg

Check out our new website PrimaTrade and recent posts. There's a lot going on these days with Prima - plus our new video (click the link from the home page). #workingcapital #supplychainfinance #supplychainvisibility #esg