Wanted a best-of-breed dynamic discounting partner that could easily interface with SAP and leverage our existing supplier portals (SAP/Ariba).
Needed a supplier-centric option for all of our suppliers globally to complement our existing early payment programs (SCF, P-card, etc.).
Required a solution that would optimize our entire spend –
both direct and indirect.
“The C2FO program has allowed our procurement
& finance teams to collaborate on gross margin improvement & cash generation while supporting the financial health of our supply chain. We are projecting 2x program growth this year.” PROCUREMENT LEADER
Why we use C2FO
The C2FO marketplace model is more effective at pricing payment discounts than any other available option.
The program gives us the flexibility to pause or accelerate the program to manage DPO.
C2FO allows us to optimize our international spend and tax strategy.
Delivered $1.6MM in value in less than 12 months
C2FO program income pays for our entire treasury staff
Planning to expand into additional markets
Global Ranking Pharmaceutical Company
Working Capital Goal
• Generate a better returnon short-term cash• Increase margins through reduction inCost of Goods/Services• Help de-risk our supply chain