KC Firm Hiring 150 People, Firm's Average Pay is $125,000

 

By Michael Hooper

C2FO, a Kansas City fintech firm, recently announced plans to hire 150 employees.

C2FO has more than 600 employees globally with 220 based in Leawood, the company said Wednesday in a press release.

The company is adding 150 new jobs across the organization in the next three to four months. These roles include 100 sales people and about 50 additional positions in operations, data engineering and sales support. Currently the company has 56 sales reps and account executives in the United States. By tripling the salesforce, C2FO continues to demonstrate substantial growth within the supply chain finance industry as the company works to position clients for long-term success.

C2FO says it is the world's largest platform for working capital. The company serves over 1 million businesses representing $10.5 trillion in annual sales across more than 180 countries. The company's online platform connects more than $110 billion of daily accounts payable and accounts receivable. Whether you need working capital or have excess working capital the C2FO platform will match your request in seconds.

The company's mission is to deliver a future where every company in the world has capital needed to grow.

The average pay at C2FO is $125,000 annually, according to a Kansas City Business Journal article by Brian Kaberline.

The company is looking for people with some level of financial expertise. These are people who will earn six figures within 24 months if they are successful, CFO Kerri Thurston told the Kansas City Business Journal.

C2FO offers a secure platform on which companies can negotiate with buyers to receive payment early and return for discounts. This can help smaller and diverse companies do business with big buyers like Albertsons and Walmart by providing a way to reduce cash crunches caused by the large outlays required to fill big orders followed by periods of 30 to 90 days after delivery when buyers usually pay for the goods. 

Accelerated payment of receivables allows a company to convert receivables to cash immediately. 

“Ten years ago we began building a marketplace that would eliminate credit risk, by matching accounts payable with the corresponding accounts receivable so that that account payable could be paid early and the account receivable turned into cash. Eight years ago, that market opened for business," C2FO Founder and CEO Alexander "Sandy" Kemper said in a video on its website.

Accelerated payment of receivables is essential for companies in need of greater liquidity. Instead of waiting 30 to 90 days for payment, the company sells its accounts receivable for cash now.

Alexander "Sandy" Kemper, chairman and CEO of C2FO, is a longtime entrepreneur in the Kansas City area. A member of the Kemper banking family, Sandy Kemper used to be CEO of UMB Financial. He also was founder and CEO of eScout and is currently chairman of the board of the Collectors Fund, a private equity fund focused on alternative asset classes including art.

For more information about C2FO, go to its Web site.