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What is PrimeRevenue?

PrimeRevenue is recognized as a leading provider of financial technology solutions dedicated to optimizing working capital, serving over 30,000 clients in more than 80 countries to enhance their financial capabilities for strategic initiatives, gain a competitive advantage, and strengthen supply chain relationships. Supply chain finance, often referred to as approved payables finance or reverse factoring, is the most effective strategy for mid-sized and large enterprises to free up cash, allowing them to respond to economic changes and promote growth. We have enabled businesses ranging from mid-market firms to some of the largest global corporations to unlock billions in working capital, showcasing the immense potential of our collaborative efforts. Additionally, the PrimeRevenue SurePay Platform is a revolutionary solution that simplifies B2B payment processes throughout the supply chain, improving efficiency and encouraging collaboration among partners. This innovative platform not only enhances cash flow management but also builds more robust relationships between all involved stakeholders, paving the way for future successes. The impact of our technology on business operations can lead to transformative results for our clients.

What is FactorCloud?

FactorCloud is a cutting-edge platform that leverages cloud technology for invoice factoring, aimed at optimizing accounts receivable management for factors, streamlining workflows, and promoting business expansion with reliability and scalability. It boasts features such as automated funding mechanisms, effective collection strategies, and precise dual-ledger accounting that ensures accuracy down to the last penny, along with OCR technology that captures invoices to minimize manual data entry and speed up processing times significantly. The platform integrates effortlessly with over 20 native applications and provides an open API, enabling teams to link with their existing accounting, CRM, and ERP systems, thereby allowing them to continue their established workflows without disruption. FactorCloud also includes a user-friendly client portal designed for ease of training, a CRM-like interface to track clients, debtors, and vendor relationships, as well as customizable credit limits and fee structures to maintain effective credit risk management. It not only offers extensive reporting features but also includes audit-ready dual-entry accounting to ensure compliance with financial regulations, all while providing a smooth data migration experience through its intuitive interface and guided onboarding processes. By integrating these capabilities, FactorCloud empowers businesses to refine their financial operations and reach enhanced levels of efficiency and productivity. This comprehensive approach ensures that organizations can adapt and thrive in an ever-evolving financial landscape.

Media

Media

Integrations Supported

HubSpot CRM
QuickBooks Accountants
Salesforce
TriumphPay

Integrations Supported

HubSpot CRM
QuickBooks Accountants
Salesforce
TriumphPay

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PrimeRevenue

Date Founded

2003

Company Location

United States

Company Website

primerevenue.com

Company Facts

Organization Name

FactorCloud

Date Founded

2011

Company Location

United States

Company Website

www.factorcloud.com

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Categories and Features

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