SAN FRANCISCO, Calif. (PRWEB) February 28, 2013
Taulia Inc., the only SAP®-certified SaaS platform for dynamic discounting, today announced one of the largest retailers in the United States has chosen the Taulia solution to provide e-invoicing, payment tracking and vendor master maintenance to their global supply base. The Fortune 100 retailer chose Taulia because of its ability to seamlessly integrate with the company’s existing SAP ERP system and because Taulia allows them to provide dedicated self-services completely free of charge to suppliers.
Once implemented, suppliers of the big box retailer will be able to use a dedicated, cloud-based portal to submit and track invoices, seamlessly flip purchase orders to e-invoices and update their own vendor master data. Taulia will even allow automated enrollment of suppliers through the portal system, replacing the previous manual process that was time consuming and inefficient. These new capabilities offered to suppliers will save time for both the procurement and accounts payable teams for the retailer, allowing them to shift resources to other areas.
“At Taulia we have dedicated ourselves to creating a platform that addresses real needs for large organizations while strengthening those crucial relationships with suppliers, and we are excited for the opportunity to work with another Fortune 100 company,” said Bertram Meyer, CEO of Taulia. “This big box retailer and their global supply base will now be able to take advantage of Taulia’s extensive functionality, our dedicated supplier on board team and our unique relationship with SAP that will allow them to greatly enhance their existing investment into their ERP system.”
Taulia’s implementation is currently under way, with an expectation of going live in a few short weeks.
Taulia optimizes the invoicing and payment 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 solution offers e-invoicing, instant supplier portals and a sophisticated dynamic discounting management system. Taulia's SAP-certified cloud based solution extends SAP financials beyond the enterprise. Customers include Coca-Cola Bottling Co. Consolidated, Pfizer, Pacific Gas & Electric, Hallmark, John Deere and other Fortune 500 companies from various industries. Taulia is headquartered in San Francisco, California with offices in London, Düsseldorf, Germany, New York City and Park City, Utah. For more information, visit http://www.taulia.com.
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