For Enterprises

Borealis and C2FO Receive Honor From Treasury Management Institute

February 4, 2021
The C2FO Team

Austrian chemical company Borealis and C2FO have been recognised as Best Supply Chain Solution by TMI – Treasury Management International at the 2020 TMI Awards for Innovation & Excellence.

Borealis collaborated with C2FO last year to create a Dynamic Customer Finance solution, which enabled the company’s treasurers to strengthen customer relationships by accelerating, or extending, timelines for outstanding receivables when optimal for both supplier and buyer. 

“Among other benefits, DCF enables the corporate to generate revenue by allowing customers to pay them later in exchange for a premium, which has been especially helpful during COVID-19,” said Eleanor Hill, editor for TMI, during this virtual award presentation to Borealis VP of Treasury and Funding Jan Martin-Nufer and Colin Sharp, C2FO’s SVP for EMEA.   

To learn more about how Borealis implemented this innovative solution with C2FO, read this October 2020 article by TMI.

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