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  • 8/13/2019 Raylon Enterprises

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    To learn more, contact us t oday at sales@pr imerevenue.comor v is i t us at www.primerevenue.com 2013 PrimeRevenue, Inc. All rights reserved.

    CHALLENGERaylon Enterprise Company Limited is a key supplier to one of the

    leading discount retailers in Australia. Raylon exports a wide range of

    products to its customer on open account payment terms.

    A lengthy payment term put immense pressure on Raylons working

    capital and posed a huge challenge in their expansion efforts.

    Additionally, Raylon did not have the ability to monitor the status of

    their invoices. There was no notification provided by their customer

    until the invoice matured. Hence, Raylon had to wait until the actualpayment was made by their customer to discover if any of the invoices

    had an issue. This acted as an impediment in their cash flow

    forecasting process.

    We had to wait in anticipation to receive payment by our customer

    since there was no process for us to track pending invoices, remarks

    Xu Dongxin, General Manager, Raylon Enterprise Company Limited.

    And, since we waited until invoice maturity to collect on outstanding

    receivables, we faced deficiency in working capital that hindered our

    growth plans.

    SOLUTIONRaylon was familiar with using SCF for another customer, as a tool to

    mitigate the negative cash flow impact of a lengthy payment term. So,

    when the discount retailer offered them with an opportunity to utilize

    Supply Chain Finance, Raylon was keen on joining the SCF program.

    Mr. Xu says, Since we were already aware of the benefits that an SCF

    solution could deliver, were quite pleased to have the ability to use it

    for our Australia based discount store customer.

    BENEFITSPrimeRevenues SCF solution has enabled Raylon to accelerate itsoperating cash flow at a relatively low cost.

    Mr. Xu remarks, A customer-driven SCF program is very beneficial for

    businesses like ours since it allows us get paid early at a low cost that

    leverages our customers credit rating. And since it is an actual

    payment, there is no addition to debt on our balance sheet. He adds,

    Our working capital has improved by 10% after we started using

    PrimeRevenues SCF solution.

    ountry: China

    dustry: Home Appliance

    cated in the Henan province of

    hina, Raylon Enterprise Companymited is a manufacturer of

    ramic products, glassware,

    tlery and cookware.

    quipped with a very strong and

    pable design team, Raylon offers

    wide range of products, many of

    hich are color glazed and hand-

    ainted dinnerwares. The company

    xports its products to global

    stomers located in Europe, NorthSouth America, Australia, South

    frica and Middle East.

    China-based exporter mitigates the negativeimpact of a lengthy payment term throughPrimeRevenues Supply Chain Finance (SCF)Solution

    A customer-driven SCF programvery beneficial for businesses

    ke ours since it allows us get paidarly at a low cost that leverages

    ur customers credit rating. Andnce it is an actual payment,ere is no addition to debt on our

    alance sheet. Our working capitalas improved by 10% after wearted using PrimeRevenues SCFlution.Xu Dongxin, General Manager ,

    aylon Enter pr ise Company Limit ed

  • 8/13/2019 Raylon Enterprises

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    About PrimeRevenuerimeRevenue is the leading provider of multi-bank Supply Chain Finance technology and services. TherimeRevenue OpenSCi Supply Chain Finance platform and working capital advisory services provide

    hese organizations with the control and flexibility required to drive superior Supply Chain Finance

    esults, thereby reducing cost, capital and risk throughout their supply chains and forging stronge

    upplier relationships.

    eadquartered in Atlanta, GA USA, PrimeRevenue also has offices in Paris, Frankfurt, London, Prague

    elbourne, and Hong Kong, and operates some of the largest Supply Chain Finance programs fo

    ustomers around the globe.

    o learn more, contact us t oday at sales@pr imerevenue.comor v is i t us at www.primerevenue.com

    2013 PrimeRevenue, Inc. All rights reserved.