Congrats onC2FO.for building a network particularly in the retail, technology and CPG space where you can go to Fortune 100 and say 30% of your suppliers are using our network, join us and we can generate money for your surplus cash. It’s a great liquidity tool for treasurers, and a great opportunity for companies to name their price for money.
就像Priceline一样，供应商可以说他们愿意为这笔钱支付最多x％。只要它符合买家表示返回目标，C2FO通常会对该率的折扣获得折扣。发票没有出价。你只是说你会支付这个价格。
The Network effect enables C2FO to supply money across many buyers for one supplier, all with a single sign on. So if a supplier is looking for $5M, and has buyers like Costco, Nordstroms, Walgreens, etc. they can pull cash. The Treasurer of Hanes can log in and sees all of their customers and invoices rolled up to the parent level for Costco, Nordstroms, and Walgreens. Hane’s Treasurer could put a global offer saying willing to pay up to 2% for any early payment across any of my clients. They can also filter by certain suppliers.
That’s how 95% of users use the C2FO system.
但在此捕获。当大约1亿美元公司的财务主管需要1.9％的金钱时会发生什么，并且只是不符合Walgreens或Costco设定的返回目标。
谁将提供资金呢?
鉴于其资本和合规成本远远高于非银行，银行不在最佳位置。但这些非银行是谁？我的意思是人们像对冲基金那样抛出这个术语与养老基金相同，养老基金与保险公司或家庭办公室相同。不，不是机会。和C2FO尚未破解此代码。
If they could solve this problem, their idea of a network from the seller side, especially large companies selling to large companies, gets very interesting. It’s液体X.在类固醇上。
This is an area where the capital advantages of certain non banks can meet the demand for money by C2FO sellers. It creates a potential short term fixed income asset that could be attractive to the right set of investors. The last I heard the average acceleration was 26 days. Perhaps that is a big part of the challenge. Its certainly not going to be hedge funds for a variety of reasons.
Imagine a Costco saying above 5% use my money, below 5% use someone else’s money. The non bank investor gets all the lower priced assets, but that suits their risk / return requirements fine. In fact, if the seller is another large rated corporate, it’s almost like buying their commercial paper directly.
Certainly non bank money makes more sense than a company using their own cash.
The other issue C2FO has to address is I am not aware of any corporate treating payment terms optimization as an investment as a matter of both policy and practice. Investing corporate cash as an investment needs objectives and requires being measured against other investment objectives, including return and risk. Right now there are fundamental changes occurring in the investment world that are affecting how companies invest surplus cash. Chief amongst those are the changes in money market fund rules. The fundamental question companies must ask themselves is whether or not they can measure derisking the supplier relationship or whether they bother to under this scenario. Treasurers have no idea, and Procurement may talk about this from a high level perspective, but it’s not measured.
All in all, new fintech options continues to make for a confusing landscape for many in the corporate world – both on the Treasury side and Procurement side.
杰森和我看到很多机会在这里，与传统方法相比，在供应链中形成和注射到供应链中的信用的变化变化的动态变得令人印象深刻。如果您想联系我们，您可以在DGUSTIN（AT）GlobalBanking.com上与我联系
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