PrimeRevenue, a working capital finance platform provider, has signed a strategic partnership with OpusCapita, a purchase-to-pay and order-to-cash services vendor.

PrimeRevenue, with offices in Asia Pacific including Hong Kong and Melbourne, says OpusCapita is leveraging PrimeRevenue's product suite to deliver a unique range of multi-funder supply chain finance solutions for companies in the Nordic 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 OpusCapita's procure-to-pay solution allows them to add more differentiated value to their network of buyers and suppliers," adds 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," Savolainen adds. "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."