This year-over-year growth is particularly meaningful as we open the platform to all of the existing member companies to use with their suppliers, which will perpetuate the organic growth of the network.
Kansas City, Mo. (PRWEB) September 30, 2013
C2FO, the world’s market for working capital, has reported that its Q3 working capital flows from member companies around the globe have increased from $480mm in Q3 2012 to $855mm for the current quarter. Linked quarter growth was strong as well, increasing from $721mm in Q2.
The increase in cash flow demand has been driven by a 115% increase in market member growth, surpassing 200,000 companies since last year.
“This year-over-year growth is particularly meaningful as we open the platform to all of the existing member companies to use with their suppliers, which will perpetuate the organic growth of the network,” said Sandy Kemper, C2FO founder and CEO.
“The most recent C2FO Market Net Promoter Score of 52, combined with our 90 percent supplier recommendation rate has also contributed to this growth,” added Peter Novosel, C2FO executive vice president.
The C2FO Market is Collaborative Cash Flow Optimization. The C2FO Market helps companies across the globe collaborate with their supply chain in a live, web-based environment to achieve accelerated cash flow and increased efficiencies in working capital management and profit. C2FO has delivered more than $5 billion in early cash flow and created more than $300 million in new market capitalization for its clients, which include Fortune 1000 companies across the globe.
C2FO is the world’s 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.