Taulia Streamlines Early Payment Discounts For SAP® Biller DirectTaulia’s Dynamic Payment Platform Provides Integration with SAP ERP Financials Application
May 15, 2012
Taulia Inc., the provider of an SaaS platform for dynamic discounting, today announced its Invoicement Suite 1.3, a Dynamic Payment Platform, is integrated with the SAP® Biller Direct application. Customers who use SAP Biller Direct with Taulia’s Dynamic Payment Platform can take full advantage of Taulia’s dynamic discounting capabilities with no implementation challenges or changes to their current IT infrastructure. Taulia will demonstrate the effortless integration of its dynamic discounting platform into a company’s SAP solution-based landscape in booth 2516 at the SAPPHIRE® NOW conference being held in Orlando, Fla., May 14-16.
Taulia’s Dynamic Payment Platform has been successfully deployed at many leading Global 2,000 companies and has helped turn the inefficiencies in today’s financial supply chain into a risk-free source of profits.
Large buying organizations use Taulia’s platform to save millions of dollars annually using dynamic payment terms and offering on-demand early payments for their suppliers, in return for additional discounts. Taulia’s SaaS platform gives suppliers the ability to accelerate payment of approved invoices with a click of the mouse, eliminating the need for costly receivable financing or credit card borrowing. There is no fee charged to suppliers, allowing maximum adoption rate and strengthening key relationships between the buyer and supplier.
“We are excited that customers can now use Taulia’s Dynamic Payment Platform together with SAP Biller Direct to access all of Taulia’s early-payment discount features through the same interface they’ve been using with their SAP solutions,” said Markus Ament, chief product officer, Taulia. “Our hybrid solution functions as an add-on to the SAP solution for buyers, and we allow suppliers to take advantage of powerful dynamic discounting terms management upfront, and on-demand financing capabilities directly embedded into the supplier-side functionality.”
“Taulia is committed to addressing and overcoming every obstacle large organizations face when trying to implement an effective and successful dynamic discounting program,” said Bertram Meyer, CEO of Taulia. “With Taulia’s Dynamic Payment Platform now integrated with SAP Biller Direct, we have capitalized on our vital partnership with SAP and expanded the capabilities we provide to customers in support of SAP solutions. This allows us to provide our simple, straightforward interface to the buyer using SAP Biller Direct, while further enhancing the user experience through targeted early payment opportunities.”
The Taulia Invoicement Suite 1.3, a Dynamic Payment Platform, which has achieved SAP-certified integration with the SAP NetWeaver® technology platform, is available immediately for use with SAP Biller Direct.
Taulia optimizes the invoicing process. With Taulia, large buying organizations can reduce their total spend and achieve double-digit returns on their cash positions, while their suppliers get paid earlier at a lower cost of capital than alternative options. Taulia’s Invoice Optimization Platform offers e-invoicing, instant vendor portals and a sophisticated dynamic enterprise payment management system. Taulia Invoicement Suite 1.3, a cloud-based solution that is certified for integration with SAP NetWeaver, extends financials capabilities beyond the enterprise. Customers include Coca-Cola Bottling Co. Consolidated, Pfizer, Pacific Gas & Electric, John Deere and other Fortune 500 companies from various industries. Taulia is headquartered in San Francisco, with offices in New York, London, England and Düsseldorf, Germany. For more information, visit http://www.taulia.com.
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