C2FO Announces Agreement with Fifth Third Bank
20 November 2013 |
Alliance to bring The C2FO Market to more companies throughout the U.S.
November 20, 2013 Kansas City, Mo. – C2FO, the world’s market for working capital, announced today that it has signed an agreement with Fifth Third Bank to provide corporations with a more comprehensive mix of working capital solutions.
Fifth Third Bank is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $126 billion in assets and operates four main businesses including Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. As part of the agreement, C2FO will collaborate with the Fifth Third Bank team to offer a unique working capital solution to Fifth Third clients.
“We are delighted to have the opportunity to work with Fifth Third Bank,” said Peter Novosel, C2FO Executive Vice President. “Our goal is to revolutionize the way businesses manage their working capital and our joint efforts will enhance our delivery of C2FO to companies throughout the United States and beyond.”
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 is approaching its first $1 billion quarter in early cash flow and has already created more than $300 million in market capitalization growth for its clients, which include Fortune 1000 companies across the globe.
“I have admired Fifth Third Bank since I was CEO of UMB Bank and competed against them,” said Sandy Kemper, C2FO founder and CEO. “I am happy that we are working together in this most recent endeavor and I expect great results,” added Kemper.
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 marketplace. 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 https://www.legacy-site.c2fo.com or contact Christine@c2fo.com or phone 816-268-2570.