Why we use C2FO
- Helps us access cash flow to pay new suppliers up front when we don’t have credit with them.
- Closes the time lapse between accounts receivable and accounts payable.
- An early pay option gives us an edge in R&D and staying one step ahead of technology.
“C2FO puts us in control. We know when money is coming in, so we can budget, manage cash flow & order from suppliers.”
MANAGING GROUP ACCOUNTANT
CueScript designs and manufactures autocue teleprompter systems for the broadcast industry. They work closely with customers and suppliers to produce products that utilise cutting-edge technology and are durable and simple to use. The company’s managing group accountant Joanne Pizzoferro says, “Being a small and relatively new company, cash flow is probably the top working capital challenge for us. We have to juggle suppliers with customers, getting the accounts receivable in as fast as the accounts payable, which is where C2FO has helped us a great deal. If we have an invoice that’s particularly large, we can choose to have it paid early, which is great. That gives us a lot of peace of mind.”