Cash Flow Optimization Saves Millions of Dollars, Strengthens Supplier Relationships

As part of its ongoing efforts to better utilize its working capital, Walgreens is using a collaborative cash flow optimization solution that is a win-win for the retail giant and its worldwide suppliers.

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In exchange for paying invoices early (on average, 29 days early), Walgreens receives a discount from its suppliers. Since launching a pilot program in September 2011, the company has saved more than $2 million via supplier discounts by using C2FO, a collaborative cash flow optimization soluti