Case Study: Top 5 Global Ranking Pharmaceutical Company achieves $1.6M in value and covers treasury costs with C2FO

Global Ranking Pharmaceutical Company - Customer Case Study

Global Ranking Pharmaceutical Company, a top-five global pharma firm, needed a best-of-breed dynamic discounting partner that could easily interface with SAP and supplier portals (SAP/Ariba), provide a supplier-centric global early-payment option to complement existing programs, and optimize both direct and indirect spend. They selected C2FO and its marketplace dynamic discounting solution to meet these requirements.

C2FO implemented its marketplace, integrating with the company’s SAP/Ariba environment and enabling suppliers to bid discounts for earlier payment while giving the buyer flexibility to pause or accelerate the program to manage DPO. In less than 12 months the C2FO program delivered $1.6M in value, generates enough program income to cover the entire treasury staff, supports international spend and tax optimization, and is projected to double in size as the company expands into additional markets.