SUREPAY PLATFORM WORKING CAPITAL SOLUTIONS RESOURCES CAREERS ABOUT US LOGIN CONTACT US Resources » Case Studies » Uncovering Investment Capital to Stay Competitive Uncovering Investment Capital to Stay Competitive CASE STUDIES tags: accounts receivable finance, reverse factoring, supply chain finance, working capital By PrimeRevenue • Published May 18, 2017 • 3 minute read As one of the largest agricultural equipment manufacturers in the world, AGCO is under constant pressure to innovate. But funding innovation during a multi-year industry downturn was a challenge. The company needed to improve its working capital to increase R&D investments. After evaluating numerous alternatives – including dynamic discounting and factoring – the company decided supply chain finance would be the most effective and flexible solution. Following a rapid program implementation, AGCO was able to extend supplier payment terms and accelerate cash flow, while offering suppliers access to low-cost capital and better visibility into payments. Key takeaways and results include: Program implementation completed in just 60 days Generated nearly $30 million in working capital improvement in less than a year Standardized accounts payable terms and practices Funneled over $100 million in direct material spend through the program Uncovering Investment Capital to Stay Competitive Enter Your Company Email Address* We would like to send you working capital insights from PrimeRevenue.* Please review our Privacy Policy, which provides information on how we use and process your data. It's available at https://primerevenue.com/privacy/ 888.808.8620 VIEW ALL LOCATIONS © 2021 PrimeRevenue, Inc. All rights reserved. SITEMAP ABOUT US SOLUTIONS BLOG FUNDING NETWORK OPPORTUNITIES NEWS RESOURCES CAREERS CONTACT US PRIVACY POLICY JOIN OUR MAILING LIST By continuing to browse this site you are agreeing to our use of cookies. Review our privacy policy, updated March 13, 2020, for more details. DISMISS