On October 7th you can meet with people – face to face – you might not otherwise meet for a very long time. If ever. On October 7th, EBG | Network host the 10th annual Source 2 Pay Summit – online. The pandemic is on one hand forcing us to find new ways of interacting – on the other hand it is enabling us to move faster and come even closer with even more people.
EBG welcome C2FO to Source 2 Pay Summit. During the summit you can join their Theme Discussions – on camera, moderator led discussions together with your peers from across Europe. Ask questions, learn from others questions.
C2FO stands for “Collaborative Cash Flow Optimization,” but that only explains part of our mission to deliver a future where every company in the world has the capital it needs to grow.c2fo.com
When it comes to generating effective working capital for growing companies, we live in a broken financial system.
Beginning in 2008, we envisioned a digital working capital platform that benefits both vendors and their customers. C2FO’s technology enables vendors to receive early payment on invoices of their choosing, at discounts that they determine. The customers of those vendors use the invoice discounts to safely increase margins and profits, while keeping their supply chains healthy and productive.
The below topic can be discussed with C2FO at source2pay-summit.com
The ESG Agenda – a driver for change and financial resilience in the Supply Chains?
Having a strong and visible ESG (Environmental, Social, and Governance initiatives) agenda is important for most companies today, as investors are demanding corporates to take actions and responsibility. It is therefore no longer enough for companies to merely do lip-service in a PR campaign, the financial reports need to demonstrate actions taken, results achieved and strategic development goals for the next decade.
Reports and studies conducted by leading consulting firms point to the fact that significant parts of a company’s CO2 emissions (more than 80% according to a McKinsey study) are stemming from sub-contractors and suppliers in their own value (supply) chain.
Given that a reduction in CO2 emissions ranks high on most companies ESG Agenda it is crucial that corporates are able to partner with their full supply chain and not only top 100 to unleash the greatest values and secure the often aggressive ESG KPIs and targets. Discuss:
- What are the key challenges engaging dynamically on an intraday basis with your mid- and lower tail of your supply chain?
- How do you incentivize thousands of suppliers to partner with you if you don’t know what financial needs that drives them?
- Who in your organization can tell on an intraday, and dynamic basis, if mid- and lower tail suppliers are in distress and in need for liquidity?
- What would it take for your procurement organization to more dynamically act on the signals transmitted from your entire supply chain?
Esge Birkkjær Räder | Managing Director | C2FO
C2FO is working to deliver a future where every company in the world has the capital needed to grow. Our online platform matches more than $1.2 trillion of accounts payable and accounts receivable. Through this and our suite of innovative financial products, we connect businesses with the cash they need. Name your rate, and the C2FO platform will match your capital request with the available funds in seconds. Our leading-edge technology and full suite of alternative finance products can provide you and your trading partners greater flexibility and control over working capital. As the world’s largest non-bank provider of working capital, C2FO’s global network includes one million customers with b$10.5tn in annual sales. c2fo.com
About Source 2 Pay Summit
For ten years, EBG have been driven by the idea that alone is not strong. That companies cannot continue working in silos wanting to improve efficiency and effect. That sourcing, procurement and finance are all part of an end to end process cut into pieces at many companies.
You still have the chance to join what is most likely some of the most open minded peers and experts you will ever meet. Register here and enjoy limited seats online round table discussions and keynote presentations!