C2FO is the technology partner of your customer Early Payment Programme that allows your receivables to be paid on-demand. This programme is set up by your customer directly, and they encourage you to join. However, there is no obligation to do so.

To give you more information, your customer has integrated the C2FO technology into their own ERP system. Once invoices have been approved for payment, your customer will automatically reflect those invoices on C2FO and allow you to draw the funds sooner if needed with the discount of your choosing. With the C2FO portal, everything remains between you and your customer, and there is no factoring or financing involved, so this is a debt-free option when there is any need for liquidity within your company.

C2FO is a global provider of working capital solutions. To date, more than 400.000 businesses have used our platform to accelerate over £96 billion in invoices through the C2FO marketplace. You can learn more about the programme by visiting your customer’s microsite (find your customers here) or contacting your customer directly to tell you more about the partnership.

When your customer starts using C2FO’s platform, an account is automatically set up for every eligible supplier in your customer’s supply chain so they can request early payment when needed. If your business doesn’t need C2FO right now, no problem. The system runs in the background until needed, for free and accessible use at any time. You can also use the C2FO platform’s “Invoice Central” to keep track of all your approved invoices. As long as you trade with that customer, Invoice Central will be available to you.

From experience, we have seen that some companies use the tool at strategic moments during the year, such as the end of the quarter, as C2FO is a source of cash that doesn’t require debt or traditional paperwork.

This programme has been made available to you by your customer, but there is no obligation to participate in the Early Payment option. You are encouraged to use the platform when it benefits your organisation and are welcomed to use the portal to track your outstanding approved invoices. There are no actions to be taken from your company if you are happy to wait to be paid; the system is defaulted to pay you on the original due date.

Activating your account does not commit you to anything – it simply gives you access to view your invoices and offer a discount to your customer in return for early payment. Your customer does not require you to use this programme, and you are under no obligation to accelerate invoices.

The early payment option comes in exchange for a discount that you yourself can decide. C2FO is a live market, and what offers are accepted is based on market conditions. The programme is fully flexible. Using the programme does not change your terms, and just because you use it to accelerate one invoice does not mean you have to use it with others. You are encouraged to use the platform when it benefits your organisation and are welcomed to use the portal to track your outstanding approved invoices with them. 

In comparison to other portals you might be used to, C2FO allows you not only to view scheduled invoice payments but also to request to get paid early from those invoices whenever you decide that would be beneficial. If that is the case, C2FO allows you to decide a discount that suits your business and receive feedback to see if this would be accepted on the early payment marketplace.

No, there is no change to your invoicing process, and you can continue to invoice your buyer as per your standard procedure.

Activate your C2FO account on your customer’s microsite. You can find your customers here. It takes less than two minutes to register and start participating – your approved invoices are already uploaded to the C2FO platform for early payment.

By registering on C2FO, you are not committed to offer any discount for early payment. The platform gives you free access to have the visibility of all the invoices approved by your customer.

Typically, it would be someone who can make cash management decisions, such as the Owner, CFO, Finance Director, Controller or an AR Manager.

In most cases, this usually means your customer has not yet added your company to their early payment programme. Your customer has not yet transferred your invoices to C2FO, or your terms do not qualify you for the early payment option. If you have a direct contact at your customer’s company, please contact them directly to have accurate feedback.

Your customer has already paid for the platform, so your company and others in their supply chain can use it. There is no subscription cost or hidden fees. The only cost to you is to receive early payment on an invoice, you will need to grant a small discount to your customer.

To be paid early, you choose a discount amount that you are willing to accept on your invoice(s) in order to accelerate payment. The discount you are willing to accept is the only cost associated with the transaction. There are no hidden fees, and you will still get paid through your normal payment method. Use our calculator to see how early payment can help protect your margins.

No. Unlike factoring, the amount of funds you can access through C2FO is determined by the value of your approved invoices. Also, unlike factoring, you retain full control of your invoices and aren’t locked into any long-term plans where you must offer a discount on all invoices. C2FO is the technology and support provider behind your customer’s Early Payment Programme.

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