We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Ivalua and C2FO Reimagine Global Payments Amid Supply Chain Uncertainty
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Ivalua and C2FO Reimagine Global Payments Amid Supply Chain Uncertainty

Ivalua and C2FO Reimagine Global Payments Amid Supply Chain Uncertainty
June 28, 2022
No Comments

Ivalua, a global leader in Cloud Spend Management solutions, today announced a strategic partnership with C2FO, the largest global platform for working capital, to empower Ivalua customers with enhanced supplier selection and the ability to streamline costs and drive targeted bottom-line growth.

Early payments are a powerful liquidity tool that allows suppliers to be paid before terms. However, executing the classic invoice-driven approach after the contracting event prevents such programs from realizing their full cash potential. The C2FO platform enables a chief finance officer to control the liquidity and the yield captured, while the supplier can select the best liquidity opportunities with same-day approvals and next-day early payments offered with Ivalua.

“Our partnership with C2FO creates a dynamic Source-to-Pay solution that improves how companies access and manage capital, enabling our customers to turn their cash into a more powerful tool for liquidity,” said Pascal Bensoussan, Chief Product Officer of Ivalua. “Embedding payments was the first step and now we can help our customers generate even more value from their supplier relationships and focus on bottom-line growth.”

“We are thrilled to partner with Ivalua, a true market leader, and unlock access to a new convenient, low-cost source of working capital and liquidity for their clients and suppliers,” said Allison Baker, Senior Vice President of Partnerships at C2FO. “C2FO’s supplier-centric working capital platform is a natural complement to Ivalua’s best in class source-to-pay platform. We look forward to creating new value for our joint customers and providing businesses with low-cost working capital vital to their success.”

This new partnership not only improves suppliers’ liquidity and supports their financial health, but also strengthens the relationship and solidifies the buyer’s customer-of-choice status. A study by Forrester Consulting, commissioned by Ivalua, found that businesses must digitize their operations in a timely manner while also allowing for visibility into payments - both of which were key factors in influencing suppliers’ willingness to collaborate with and share innovations with a specific customer.

https://www.ivalua.com
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
Procurement Technology
KEYWORDS Ivalua
    • Related Articles

      AIMMS Research Evaluates Supply Chain Planning Effectiveness Amid COVID-19

      Global Trade and Container Flow Index: Economic uncertainties remain amid weak global demand

      Cracking the Code of Supply Chain in Uncertainty

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • Panorays extends risk management throughout the digital supply chain

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing