C2FO
132 Case Studies
A C2FO Case Study
Do it Best, a member-owned home improvement buying cooperative, sought ways to improve profitability for its members and efficiently use its capital. The challenge was to generate a solid return on its cash on hand to help fuel its annual member rebate. To address this, Do it Best partnered with the vendor C2FO to use its Early Pay solution.
C2FO’s platform provided a win-win solution by allowing suppliers to request early payment at a discount, which improved their cash flow. For Do it Best, this lowered its cost of goods and improved its margins, generating over half a million dollars in improved margins in 2022 alone. The vendor C2FO helped accelerate payments to suppliers by an average of 37 days and strengthened the health of the entire supply chain.