C2FO Named Most Innovative Solution by Global Business Intelligence
Kansas City, Mo. (PRWEB) October 22, 2013 -- C2FO, the world’s market for working capital, announced today that it has been named Most Innovative Solution by Global Business Intelligence, highlighting the industry’s most innovative solutions in Dynamic Discount Management (DDM). This news comes on the heels of the company’s announcement that it has surpassed $5 billion in Early Cash Flow Delivery since its inception in 2010.
C2FO was highlighted in GBI’s Vendor Positioning Grid because its innovative solution permits suppliers to control cash flow while allowing buyer companies to increase gross and net profit through improved investment returns on short-term cash without burdening the supplier base by extending payment terms. Other strengths identified by David Gustin, author of the list, include C2FO’s low integration costs, its supplier-initiated pricing approach, and its solution allowing suppliers with large receivables the option to get paid early and limit potential credit risk mitigation costs.
"We are honored to be acknowledged by Global Business Intelligence,” said Scott Goldblatt, C2FO Vice President of Product. “C2FO continues to be recognized by international thought leaders as a breakthrough solution all companies should include in their working capital optimization portfolio,” added Goldblatt.
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 $5 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.
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 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.
Carrie Bartlow, Kemper and Company, 816.268.2570, [email protected]
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