financial supply chains.
This app enables you to compare a PrimaTrade SCF programme with a traditional SCF programme. Adjust the input parameters to reflect your company's procurement profile and current (or potential) SCF arrangements and card payment program. The results will update automatically. PrimaTrade offers the ability to reach all your suppliers supported by a high level of automation - even suppliers in the long tail and in difficult jurisdictions. You can also replace expensive card payment programs with more efficient SCF, collecting an early payment discount to bring in-house the fees that are currently benefiting third parties. On top, PrimaTrade enables early payments to be approved before delivery (at shipment), delivering much earlier cash to international suppliers and much more value to buyer and suppliers - monetising that value with automation into a P&L win for buyers.
Highlights from results
Live view of the key outcomes while you adjust inputs.
Recurring annual economic value
Traditional SCF
$2.59M
PrimaTrade SCF
$7.48M
Buyer recurring benefit from SCF
Traditional SCF
$3.10M
PrimaTrade SCF
$5.13M
Free cash flow generated by SCF
Traditional SCF
$42M
PrimaTrade SCF
$62M
SCF outstanding balance
Traditional SCF
$25M
PrimaTrade SCF
$72M
Number of suppliers using SCF
Traditional SCF
20
PrimaTrade SCF
5,789
Implement
Don't let complex processes and compliance demands slow down your business.Let Prima Trade's ‘Cash Against Data’ technology and expertise lead the way to a more efficient, ethical, and profitable future.
Our platform captures all financial supply chain transactions across all carriers, forwarders, geographies, products, ERPs, brands, categories and suppliers. Manage FX risks, cash flows, sourcing, forecasting and logistics - top down rather than the bottom up.
Offer early payment at shipment to all your suppliers and save an additional 1%+ on spend using "cash against data". If you already have an SCF program, keep your existing funders and platform, we can enhance your program without changing any of these.
Meet new ESG regulations, track the credentials of products and services that you source; collect and evidence ESG characteristics at product or SKU level.
Our senior management team has decades of experience across supply chain, sourcing, trade and the working capital - and a unique perspective on the future of supply chain management.
In 2021, Kris decided to leave banking and use his experience, connections and knowledge to work on the digitisation challenge in trade finance. Before joining PrimaTrade as CEO, he was CFO at Komgo.
Kris brings product knowledge, leadership, network, and presence to PrimaTrade, especially amongst the trade finance and banking communities, natural funding partners for our platform.
Tim brings detailed business knowledge, organizational skills and experience. He founded PrimaTrade after seeing how operational and data problems across supply chains lead to unequal treatment of suppliers. He realised that fixing the data problem could then drive a significant democratisation of the supports available to suppliers, levelling the playing field and helping to address the global SME financing gap in trade.
Tim is the lead creative force behind the company’s products.
Nigel has extensive experience in agile software development and building high performance data-driven platforms in banking and corporate environments.
Nigel leads our technology teams and drives the engineering work that ensures our multi-tenanted platform performs for clients. PrimaTrade uses modern and proven models for scalability including a micro-services architecture supported by distributed processing, clustering and containerisation to ensure that our users around the world get a first class experience.
Digitization can re-energize trade finance for manufacturing supply chains. Here's why 'cash against data' is so important.
Cash against data is a simple, leading method for CFOs and Treasurers to deliver trade finance for supply chains of manufacturing goods.
Prima wins the ICC digital trade award for its cash against data solution - digitizing the financial supply chain.