San Francisco, CA (PRWEB) November 22, 2013
Taulia Inc., the market leading SaaS platform for supplier financing, announced today that it has been named a Red Herring Global 100 winner, a prestigious recognition that highlights the most promising private technology companies from Asia, Europe and the Americas.
Red Herring Global 100 winners must meet over 20 select criteria and pass a rigorous 3-step process that examines all aspects of the company, including disruptiveness of the solution in its market, international footprint, revenue, growth rate, industry recognition and technological advantage. The Red Herring editorial team were amongst the first to recognize companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com and eBay as organizations that would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Taulia embodies the vision, drive and innovation that define a successful entrepreneurial venture. Taulia should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Taulia helps organizations automate and maximize supplier discounts while strengthening trading relationships and reducing friction within the financial supply chain. Through their award winning product line-up, which includes eInvoicing, supplier self-services and supplier financing, Taulia continues to provide a solution that gives small businesses a more efficient means to access capital, while saving large organizations millions and improving overall global connectivity. Taulia had added numerous Fortune 500 and Global 2000 companies to its base this year and is forecasted to grow 300% from the previous year.
“It is a great honor to have Taulia named as a Red Herring Global 100 winner and we appreciate the recognition as we continue to deliver product innovation and customer satisfaction around the globe,” said Bertram Meyer, CEO of Taulia. “This accomplishment is a testament to the strength of our solution and our commitment to revolutionizing the way businesses partner with one another.”
In addition to being named as a Red Herring Global 100 winner, Taulia has also been recently honored as the Best Invoice Discount Management Solution in the World by Global Finance Magazine, named the Leading Early Payment Solution Provider by Global Business Intelligence and selected by AlwaysOn as one of their Global 250 Companies to Watch.
The finalists were invited to present their winning products and strategies at the Red Herring Global 100 event in Santa Monica, California, November 18-20, 2013. The top 100 winners were announced at a special awards ceremony on November 20th.
Taulia provides cloud-based invoice, payment and supplier financing management solutions for large buying organizations throughout the world. Organizations can reduce their total spend and achieve double-digit returns on cash positions, while proving opportunities for their suppliers to benefit from early payments, eInvoicing capabilities and low-cost financing options. Some of the most innovative brands in the world rely on Taulia, including Coca-Cola Bottling Co. Consolidated, Pfizer, Pacific Gas & Electric, Hallmark and many other Fortune 500 companies from various industries. Taulia is headquartered in San Francisco with offices in London, Düsseldorf, Germany, New York City and Park City, Utah. For more information, visit http://www.taulia.com.