Resources | Customer Success | September 8, 2020

Why Leading Companies Love Working with C2FO

Multinational corporations describe how working capital solutions from C2FO have helped them, their suppliers and their customers.

Multinational corporations describe how working capital solutions from C2FO have helped them, their suppliers and their customers.

As the world’s first marketplace for working capital, C2FO matches accounts receivable and accounts payable for more than one million companies around the world. The flexibility and versatility of the C2FO platform helps leading companies collaborate with their suppliers and customers on managing and optimizing working capital — all from a single, secure location. 

To date, C2FO has funded more than $110 billion in working capital. We upload as many as 50 million new invoices each day. But that’s just the beginning of our mission to build a future where all companies worldwide have the working capital needed to grow. 

Here’s what financial leaders at some of our client companies have to say about working with C2FO:

“With C2FO, we provide our suppliers a platform to accelerate invoices. They reduce their cost of finance, and we improve our margin and cash yield. At the same time, we have also developed an innovative offer for selected customers: the opportunity for dynamic invoice extension.”
Jan-Martin Nufer
VP of Treasury and Funding, Borealis AG
“Like a lot of technology solutions that we see today, it’s completely cloud-based. You log into a web portal, and you sign up for the service once you’re on the platform. It’s pretty simple to see what invoices you have available within the platform that give you the ability to get your cash sooner, if you so choose.”
John Upperman
VP of Procurement, Thermo Fisher Scientific
“We implemented within 10 weeks, achieving an ROI within the first 30 days, and have rolled the program out to 133 different countries in multiple currencies within the first few weeks. In addition to a strong contribution to EBITDA, we have also successfully navigated our working capital KPIs.”
Alexander Visser
CFO Global Procurement, Philips
“The more tools we have at play to help us use cash in a more productive manner gives us the power to control and mitigate outside influences.”
Gregg Maxwell
CPA Group VP, Albertsons Companies
“C2FO brings great efficiency and simplicity to the payments process — it’s a real breath of fresh air. I’d recommend C2FO 500%.
Frederic Thomas
Co-Founder, Adefi
“You typically have cash within the business at any time and therefore it’s really efficient for us to be able to use that cash by helping our suppliers by paying them early, which in turn helps their own funding cost, and it’s typically cheaper than they can fund themselves through other means.”
Graeme Barnes
Director of Capital Marketers, Travis Perkins
“As we implemented the platform, we were very impressed and surprised by how easy it was to use and to onboard suppliers. The work the C2FO team was doing to optimize the benefit of using the platform was very compelling.”
Christian Bauwens
SVP, Global Treasurer, Flex
“It’s a very easy system to use, and we had answers in a couple of hours. If you go to a bank, you are not going to get an answer in that space of time. It’s better than a bank.”
Julian Piler
Director, Bohemian Brands

One platform, many working capital solutions

Financial tools on the C2FO platform provide better, faster and more flexible working capital solutions, allowing you to manage your company’s capital needs, as well as those of your suppliers and customers. That’s why we’re the world’s leading non-bank provider of working capital, working in 36 currencies and across 180 countries. 

To learn how the versatility and scope of the C2FO platform can help your company, click here.

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