Case Study: Hewlett Packard Enterprise boosts working capital and supplier finance with C2FO

Hewlett Packard Enterprise improves supplier payments in 60 days with C2FO, unlocking $100 million

Hewlett Packard Enterprise (HPE) sought to strengthen its global supply chain and improve returns on cash, particularly amid COVID-related challenges like chip shortages. The company needed an early invoice payment program to support over 1,500 suppliers and selected C2FO's Dynamic Supplier Finance platform to address this.

C2FO implemented its automated platform, which allowed suppliers to request early payments on approved invoices. This provided HPE with a hands-off solution that required minimal new headcount. Results included roughly $100 million in early payments to suppliers within 60 days, improved operating margins by reducing cost of goods sold, and higher returns on cash for HPE, all while generating supplier goodwill.

Hewlett Packard Enterprise