Premium Technology, a developer of financial supply chain solutions for global banks, has entered into a global distribution partnership with ebpSource, an expert in the field of international e-billing, e-invoicing and payment. Under the terms of the agreement, ebpSource has become master international distributor of the FinShare financial supply chain solution.
A wealth of integration experience, track record of successful deployments and close relationship with its clients makes ebpSource an ideal route to market for Premium Technology’s best-of-breed solution.
“Global and national banks are desperately seeking new ways to inject liquidity into fragile markets and at the same time mitigate risk. We are firmly of the belief that there has never been a more pressing or opportune moment for the banks to unify their invoice/receivables financing, payables management, supplier financing, and electronic invoicing & payment services,” said Steve Wright, executive vice president (EVP), commercial and marketing operations at ebpSource. “For the very first time banks now have the ability to offer full end-to-end financial supply chain services. The initial reaction from our clients to this proposition has been overwhelming.”
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