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Corporate treasurers / CFOs use our SaaS platform to modernise and digitise their financial supply chain (invoices, purchase orders, supplier finance, payments and financiers), saving typically 1%+ on the cost of goods using our "cash against data" solution and generating $ms in working capital.

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Supply Chain Finance
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PrimaTrade Systems Limited

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London
,
United Kingdom
https://www.prima.trade/

Corporate treasurers / CFOs use our SaaS platform to modernise and digitise their financial supply chain (invoices, purchase orders, supplier finance, payments and financiers), saving typically 1%+ on the cost of goods using our "cash against data" solution and generating $ms in working capital.

Active
Active
Active
Supply Chain Finance
General Information
Status
Active
City (Headquarter)
London
Country
United Kingdom
FTE’s
6
Employees
Funding ($)
$
1800000
Phone
+447976200249
Founder
Founders
Techsegment
Sustainability Sub-Segment
Description
Why: We believe there is significant value locked up in the financial supply chain that can be easily released using well-engineered, modern technology so that leading CFOs and Treasurers can modernize and digitize their financial supply chain without disturbing existing operational processes and with positive ROI from day one. How: Our platform digitizes the enterprise financial supply chain, going live without an initial IT project: -> Suppliers self-digitise their trade and ESG documents as they ship via our secure portal, enabling automated and instant invoice approvals and payments to suppliers at shipment ("cash against data"). -> Instant payments to suppliers at shipment can be funded by banks over our platform generating working capital. -> With supplier payments now at shipment, suppliers agree significant discounts on invoices that exceed the cost of funding, creating significant savings. -> With ESG documents linked to payment, ESG compliance is digitized and operationalized. What: Our “cash against data” solution typically generates savings of 1%+ on the cost of goods, generates significant amounts of additional working capital and operationalizes ESG compliance.
Business Model
B2B Software
B2B Service
Target Customers
www.boohoo.com
Operating Geographies
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