Kate O'Sullivan, CFO Magazine
February 1, 2007
Even though several service offerings to improve bring visibility and velocity to Supply Chain Finance have been around for a long time, the lack of access to basic technology (such as a computer and broadband access) in low-cost countries initially was a key reason for low take-up rates. Since computers and broadband internet access are now omnipresent in all major sourcing countries such as China, the reason for slow adoption has shifted to our shores: ERP systems historically have ignored cross-border supply chain finance; hence, third-party vendors such as PrimeRevenue, TradeCard, etc. have filled the niche. Unfortunately, companies are wary of the costs to integrate these systems with their ERP systems. True open standards are needed to simplify the integration and will increase the adoption of these useful SCF tools.
Anton W. Mattli
anton.mattli@peakadvisorygroup.com
Posted by Anton Mattli | May 14, 2007 7:31 PM ET
Bibby Financial services offers a similar product as well as Orbian.
Posted by Stephen B | Feb 20, 2007 3:13 PM ET
Interesting article.
Who are the competitors for PrimeRevenue?
thanks
Posted by David Sherman | Feb 5, 2007 10:20 AM ET