Under the terms of the deal, the companies are planning to develop and market an offering which combines SCF, e-invoicing, payment and cash flow management services.
Companies who opt for the joint OB10 Network and PrimeRevenue on-demand SCF Platform will be able to lower invoice processing intervals and extend early payment terms to their suppliers. In their turn, suppliers who have customers that are enabled on the PrimeRevenue SCF platform can advance payment on receivables of their choice.
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