C2FO makes early payment easy and beneficial for customers and suppliers both
No change to the payment process, no extra work or headcount needed
Invoice processing between customers and suppliers does not change with C2FO. The only things that change are the payment date and the invoice amount. The customer’s ERP is automatically updated when invoices are awarded early payment.
Customers still pay suppliers directly, with the same process, only faster. C2FO is the easiest solution to implement, manage, and maintain, which means no added headcount or headaches.
C2FO dynamic discounting can be launched in weeks as it requires only a simple file exchange. While C2FO has SAP-certified integration with SAP NetWeaver, our platform integrates with all ERP systems, even custom solutions. The connection to an ERP system can be completed in as little as two days. C2FO is easy to implement, manage and maintain:
- No IT overheads
- No installation costs
- No hardware or software required
- Highly secure, SOC 2 compliant
- Rapid onboarding
Vendor financing in partnership with a bank such as supply chain finance (SCF) is only one tool of several that most customers should have to optimise the value of their accounts payable process. Typically supply chain finance will only service about the top 10 percent of the supply base. C2FO works in conjunction with supply chain finance by making early payment available to those suppliers that are not able to participate in a SCF program. C2FO complements other early payment programs.
Yes. While C2FO has SAP-certified integration with SAP NetWeaver, our platform integrates with all ERP systems even custom solutions. The connection to an ERP system can be completed in as little as two days. C2FO is highly secure and SOC 2 compliant.
No hardware or software installations are required. C2FO requires only a simple file exchange with customers’ ERP system. Our solution is web-based and will not require any updates or maintenance from a customer. There are no IT overhead or installation costs with C2FO.