Premium Technology Inc. - Supply Chain Finance Software Solutions
 
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Founded in 2001, Premium Technology is dedicated to providing Supply Chain Finance (SCF) technology solutions to the global banking community.  This has been an exclusive focus since the launch of FinShare in 2004.  Today Premium Technology is staffed by SCF industry experts and has a global client base that includes several of the world's most prominent banks.
 
Our company headquarters are in the heart of New York's financial district with additional locations in China and Hong Kong.  Premium Technology is an active member/partner with multiple industry organizations including SWIFT, BAFT-IFSA, Asian Bankers Association (ABA) and the Commercial Finance Association (CFA).
 
FinShare Overview
 
Our FinShare product suite provides banks with a client facing software platform that supports financing of invoices, payables, inventory and purchase orders– some driven by suppliers and others by buyers.  It is unique in the industry for its breadth of coverage and flexibility to accommodate specialized requirements.  As a result, lenders can customize their product offering by region, industry and client credit worthiness.  Banks who use FinShare may choose from among the following product modules:
  •     Supplier Finance (Reverse Factoring)
  •     Receivables Financing
  •     P.O. Management & Financing
  •     Bank Payment Obligation (BPO)
  •     Factoring
  •     Asset Based Lending
  •     Risk Participation
  •     Document Preparation (DocPrep)
FinShare tracks the limits of both the buyer and seller, manages fees/interest, supports automated data uploads, image/documentation attachments, etc.  The system is client facing, 100% J2EE (Java) and in use worldwide.  FinShare is made available either via traditional software license or a variety of usage based options:
  •     • Software License
    •             Perpetual (no renewal necessary)
    •             Unlimited # of users
    •             Unlimited # of transactions
  •     • Usage Based
    •             Cloud Based
    •             Customer Hosted (Application Management)
    •             Third Party Hosted
  FinShare Suite Illustration
 
Find more information on some of our hosting services here.
 

 
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