C2FO
C2FO AUSTRALIA
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Rolfe has been leading C2FO ’ s expansion into the ANZ market since May 2019 . Almost more than anywhere , he says , the ANZ market needs new ways for companies to access working capital .
“ Australia has gone through a period of many challenges . There ’ s been the financial crisis , there was a government intervention setting out the terms of engagement between big and small suppliers , and then we hit bushfires followed by COVID-19 . People here are just punch drunk ,” he reflects .
In order to recover , Rolfe continues , the ANZ market needs to find new ways to collaborate using technology . C2FO ’ s role will be to work as a national working capital control centre through its platform that provides companies with multiple different avenues to generate value .
“ We ’ re going to help companies look at an invoice and think about the best way for the capital locked in that invoice to benefit the entire supply chain ,” Rolfe continues . “ Australia has a very special market with its own financial culture and system . What we ’ re doing here is taking the best of what C2FO does around the world and customising it for Australian customers . We want to be able to look back in a couple of years and be proud of our role in this collaborative recovery for the ANZ market .”
FEBRUARY 2021