Taulia: On Time And In The BlackPayments firm eases invoicing with ‘dynamic discounting’
August 26, 2011
San Francisco Business Times
by Krystal Peak
Business is all about getting paid. When invoices aren’t paid on a predictable schedule, small and medium-sized suppliers scramble to cover the hole left in their cash flow.
The founders at Taulia Inc. created an invoice system that not only integrated predictability in when payment will be available, but also encouraged dynamic discounting for early payments.
The San Francisco-based company founded in 2009 has targeted top global product companies, including the likes of John Deere and Coca-Cola Bottling Co. Consolidated and has projected its revenue will double in each of the next two years.
Founders Bertram Meyer, Markus Ament, Philip ...