The number of in-network companies has grown 400% in eighteen months.This milestone is particularly meaningful as we open the platform to all existing member companies to use with their suppliers, which will perpetuate the viral growth of the network.
Kansas City, Mo. (PRWEB) August 13, 2013
The C2FO Market, the world’s only market for working capital, has released numbers showing its rapid adoption among companies across the globe. In July of this year, 40 months after C2FO began operation in March of 2010, it has surpassed 200,000 in-network companies with nearly $2 trillion in cost of goods sold.
“The number of in-network companies has grown 400% in eighteen months,” said Sandy Kemper, C2FO founder and CEO. “This milestone is particularly meaningful as we open the platform to all of the existing member companies to use with their suppliers, which will perpetuate the viral growth of the network,” said Kemper.
“These numbers reflect the strength of our company’s culture, which is to focus on success for both sides of the market transaction: buyers and suppliers. Our high Net Promoter Score of 52 for Q2 combined with our 90 percent supplier recommendation rate has contributed to this growth,” added Peter Novosel, C2FO executive vice president.
C2FO is Collaborative Cash Flow Optimization. C2FO helps companies across the globe collaborate with their supply chain in a live, web-based market to achieve accelerated cash flow and increased efficiencies in working capital management and profit. C2FO has delivered more than $4 billion in early cash flow and created more than $300 million in market capitalization growth for its clients, which include Fortune 1000 companies across the globe.
“There are established markets for stocks, bonds, currency, commodities and futures, and C2FO has developed the leading market for working capital,” said John Kill, Chief Financial Officer of C2FO.
C2FO is the global market for working capital and risk-free profit. C2FO is the only working capital exchange that allows companies to optimize their working capital positions in a live, bid/ask environment. Companies across the globe use C2FO to increase their gross and net profit while simultaneously producing vital Early Cash Flow Delivery to their supply chain. C2FO is Collaborative Cash Flow Optimization. Learn more about C2FO at http://www.C2FO.com or contact Christine(at)C2FO(dot)com or phone 816-268-2570.