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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 FactorFox?

FactorFox is a specialized AI-powered operating system tailored for factoring, asset-based lending, and purchase order finance, with a focus on streamlining the complete funding cycle. It adeptly handles various tasks, such as onboarding clients and debtors, performing credit evaluations and underwriting, verifying invoices, and directly capturing data from client agreements and supporting documentation. Moreover, it manages funding processes, including the release of reserves, collections, cash applications, participations, and comprehensive reporting. What distinguishes FactorFox is its intelligent interface, which goes beyond a standard dashboard by offering role-specific briefings that include the evidence backing each decision. This feature provides credit teams, operational staff, and management with a transparent understanding of exposure, covenant positions, and funding options, all supported by pertinent documentation. A fundamental aspect of FactorFox is its ongoing risk and funding monitoring in relation to bank covenants, with a smooth integration of approval processes into Microsoft Teams, where team collaboration typically occurs. FactorFox's adaptability extends to dual accounting integrations and services a multitude of industries, such as general factoring, transportation, freight brokerage, construction, medical fields, reverse factoring, and electronic factoring in the LATAM region. This holistic strategy not only boosts operational efficiency but also fosters well-informed decision-making at every level of the organization, ultimately leading to improved financial outcomes. By prioritizing clarity and collaboration, FactorFox ensures that all stakeholders remain aligned and informed throughout the funding process.

Media

Media

Integrations Supported

Integrations Supported

Azure AI Custom Vision
Azure AI Document Intelligence
Creditsafe
Microsoft 365
Plaid
QuickBooks Online
QuickBooks Online Advanced
Xero

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

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

FactorFox Software LLC

Date Founded

2002

Company Location

United States

Company Website

www.factorfox.com

Categories and Features

Accounts Payable

Not specified

Accounts Receivable

Not specified

B2B Payment

Not specified

Factoring

Not specified

Working Capital

Not specified

Categories and Features

Factoring

Not specified

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