Answers to your questions about cflox and our solutions

cflox earlypay enables optimized payment processing for you and your suppliers. First, you send a payment order for your supplier to the cflox earlypay account. cflox then pays the supplier ahead of the actual payment date, for which a fee is charged. This fee is borne by the supplier. The period until your actual debit is optionally refinanced by banking partners or can also be covered by your own liquidity. On the original due date, cflox collects the payment amount from your reference account. If necessary, you can also obtain an additional payment term via cflox pay.

cflox earlypay helps you optimize your working capital. You benefit from stronger supply chains, additional payment terms or discounts, and the ability to increase the resilience of your supply chain and your business by strategically managing your liquidity.

Your suppliers benefit from the option of receiving early payment for outstanding receivables via cflox earlypay. This offers them immediate liquidity and flexibility in their financial planning. They can control early payment on a daily basis, thereby strengthening their liquidity and avoiding financing bottlenecks.

cflox provides targeted support in attracting your suppliers to cflox earlypay – with a strategy that is tailored to your supply chain and communication culture. To this end, cflox provides customized marketing and information materials that you can use to directly address your suppliers.

The onboarding process for your suppliers is simple and straightforward. All you have to do is create a new payment method in the ERP system and determine which suppliers you want to pay early. cflox then guides your suppliers through the entire process—from answering all questions to technical setup and coordinating processes. This ensures a quick and smooth connection. The process is designed to be efficient and enables rapid use of cflox earlypay.

The technical implementation of cflox earlypay is simple and flexible. You can start using the solution within a few days. The implementation requires only minimal adjustments to your existing IT systems and can be completed quickly.

cflox refinances itself through a network of many established and renowned banking partners throughout Europe. These partnerships enable cflox to forward the receivables and thus ensure early payment to your suppliers at attractive terms.

Yes, you can also use your own liquidity with cflox earlypay. In addition to refinancing via banking partners, you have the option of financing early payment to your suppliers from your own liquidity. This offers you additional flexibility in managing your cash flow.

Yes, you can easily combine cflox earlypay with cflox pay. With cflox earlypay, you can offer your suppliers early payments, while cflox pay gives you the option of obtaining additional payment terms of 60+ days. Combining both products enables you to comprehensively manage your working capital and liquidity, allowing you to optimize both your supplier side and your own payment side. This offers maximum flexibility and efficiency in managing your cash flows and strengthening your supply chains.

Your suppliers can be based anywhere in the world. cflox earlypay enables you to work with suppliers regardless of their geographical location.

Payments can be made in all major currencies. cflox earlypay supports a wide range of currencies to meet the needs of your international business relationships.

cflox pay is a digital payment method for the efficient settlement of supplier invoices, enabling our customers to extend their payment terms in the supply chain and optimize their working capital – without involving suppliers. This is done via a new payment account that is linked to the client's ERP or TMS system. After a defined standard period of 60 days, settlement and collection from the reference account takes place.

cflox pay enables our clients to actively manage their cash flow and net debt ratio. They also optimize their working capital by increasing their DPO and retain complete control over their payment process.

Nothing changes for our client' suppliers. Suppliers are not involved and payment is made from an account in the client's name. By using cflox pay, our clients can offer their suppliers even greater benefits for early payment of their invoices.

60 days is a standard value, but we can also offer you longer or shorter payment terms upon agreement.

Yes, you can pay your suppliers on your desired due dates, thereby generating cash discounts and extending your payment terms at the same time.

No, there is no obligation to tender. You can flexibly choose the suppliers you want to pay with cflox pay. These can also be different suppliers for each payment order.

cflox pay is usually fully allocated to working capital by auditors. This applies to both local GAAP and IFRS. We would be happy to clarify any detailed questions in a personal dialogue.

cflox refinances itself through a network of many established and renowned banking partners throughout Europe. These partnerships enable cflox to pass on receivables and thus ensure early payment to your suppliers at attractive terms.

As a rule, payment is made by SEPA B2B direct debit from a reference account specified by you.