C2FO
132 Case Studies
A C2FO Case Study
Ulta Beauty, a U.S. beauty retailer, sought to strengthen its supply chain by providing its vendors with low-cost access to working capital. The challenge was to implement a dynamic discounting program that would integrate seamlessly with its existing SAP and Ariba systems without disrupting its technology roadmap. The vendor, C2FO, was engaged for its working capital platform.
The solution from C2FO required no change to Ulta's existing accounts payable processes. It eliminated manual discounting tasks and provided suppliers with early payment options. This strengthened Ulta's vendor partnerships and generated increased income each year since launch, while the internal financial team gained efficiency with C2FO's hands-on support.