The C2FO Market Delivers 10mm+ Total Days of Accelerated Payment
Kansas City, Mo. (PRWEB) March 03, 2014 -- C2FO, the world’s market for working capital™, has announced it has delivered over 10 million total days of accelerated payment to thousands of Market Members in the last three months. For the C2FO Market, this equates to 27,397 years’ worth of early payment in the last 90 days.
“Billions of working capital flows from C2FO have created dramatic invoice aging improvement, fueling greater productivity and profitability for our Market Members,” said Dru Shiner, C2FO Chief Sales Officer.
Globally, it can take 60 to 90 days for companies to receive payment for goods and services provided to their customers. C2FO reduces invoice aging by 30 to 50 days. With its utility pricing model, C2FO also allows companies to discover the optimal price for early payment. "It is a true win-win when companies can collaborate in an open market to access working capital at the right price," said 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.
About C2FO
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 operating income while simultaneously producing vital working capital flows 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.
Carrie Bartlow, Kemper and Company, 816.268.2570, [email protected]
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