IPE Systems designs, installs and tests broadcasting systems for radio and television. The nature of their business means their work is project-based, which makes short-term cash flow a challenge. Financial Controller Mark Thomas says, “We buy and install very pricey equipment, so we will source the goods first and pay for them, but our receipts are dependent on milestones, so we’ll be paid in stages. C2FO is the ideal solution. It’s quick, easy to use and very economical. It’s incredibly beneficial to us as a supplier and it can mean the difference between doing a job and not doing the job.
Reliable cash flow