Pharmaceuticals & Healthcare

Additional Payment Terms Without Supplier Commitment

Negotiations with suppliers regarding payment terms are often lengthy and complex. Agreement is not always reached, which can lead to weak supplier relationships. By using our cflox solutions, negotiations with your suppliers become obsolete—and relationships are strengthened.

Challenge

Supplier Integration

Negotiating payment terms with suppliers is often lengthy and complex. While there is always room for improvement, this can lead to strained supplier relationships. However, retaining strategic suppliers is essential for ensuring uniformly high, consistent product quality.

Combining with Classic Supply Chain Financing

Many companies in healthcare use platform-based Supply Chain Finance solutions such as Reverse Factoring. This is often a major challenge, as important suppliers with high transaction volumes - and their extension of payment terms - are overlooked, resulting in untapped optimization potential. Companies then need a solution to precisely manage these A-suppliers, which can be combined with existing solutions.

Solution

Complementing Existing SCF Programs

cflox expands your financial steering capabilities with a complementary lever that does not interfere with your existing financing solutions. This specifically targets A-suppliers, who may not be adequately considered by existing optimization potential.

  1. Optimize payment terms with A-suppliers: With cflox pay, you can choose to pay your partners promptly or offer them an additional payment term of 60+ days. These suppliers are not integrated into existing programs.
  2. Ensure early payment for your key suppliers: cflox's solution simplifies the integration of your key suppliers without requiring additional IT integration efforts and provides impressive results in working capital management.

Additional payment terms with cflox pay

cflox earlypay

Early Supplier Payments

Strong supply chains through early supplier payments. The easiest way to activate suppliers without KYC.

cflox earlypay

cflox pay

Additional Payment Terms

Working capital financing through 60 days of additional payment terms. Simple, efficient, and independent of suppliers.

cflox pay