Case Study: Evoqua Water Technologies unlocks $21M in working capital and pays suppliers early with PrimeRevenue

Evoqua Water Technologies unlocks $21M in 6 months with PrimeRevenue

Evoqua Water Technologies, a global water treatment company, sought to improve its own economic sustainability and fund expansion while also supporting the financial health of its suppliers. To address this, Evoqua partnered with vendor PrimeRevenue to implement a supply chain finance program.

PrimeRevenue's solution enabled Evoqua's suppliers to receive early payment on invoices, often around day 10, improving their cash flow. For Evoqua, the program unlocked significant working capital, generating nearly $21 million in cash flow within the first six months. This capital helped fund strategic acquisitions. The program grew to cover over $400 million in spend across 330+ suppliers, with high supplier participation. PrimeRevenue's platform was key to achieving Evoqua's growth and sustainability goals.

Evoqua Water Technologies