Taulia

Taulia Adds Bank of China and BNP Paribas to Its Funder Network

Retrieved on: 
Tuesday, December 5, 2023

Taulia, a leading provider of working capital management solutions, today announced it has added the Bank of China London Branch, and BNP Paribas to its global multi-funder network.

Key Points: 
  • Taulia, a leading provider of working capital management solutions, today announced it has added the Bank of China London Branch, and BNP Paribas to its global multi-funder network.
  • Combined with the right technology, it also enables businesses to hedge against liquidity risk, particularly during periods of economic uncertainty.
  • Cedric Bru, CEO, Taulia, comments: “Adding Bank of China and BNP Paribas to the Taulia multi-funder network is an enormous achievement, and we are delighted to work with them.
  • By teaming up with Taulia, we are positioning ourselves as leaders in offering modern and efficient solutions that will facilitate corporates and growth in trade.

Taulia and Mastercard partner to launch virtual card B2B payments solution

Retrieved on: 
Tuesday, November 21, 2023

Taulia, a leading provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards.

Key Points: 
  • Taulia, a leading provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards.
  • The new solution provides businesses with additional working capital management advantages, including the ability to maximize cash flow and minimize payment uncertainty.
  • Taulia customers will benefit through their existing issuer relationships, meaning customers can deploy virtual cards and extend the current benefits offered by their own banks through Taulia, while also enjoying the speed, controls, and efficiency of virtual card payments.
  • Through the tightly integrated virtual card experience, businesses benefit from greater spend control and more options to pay suppliers efficiently.

Taulia and Optima ECM Consulting Forge Partnership to Offer Global Working Capital Solutions

Retrieved on: 
Thursday, September 7, 2023

Taulia, a leading provider of working capital management solutions, has partnered with Optima ECM Consulting (“Optima”), a global implementation organization, to collaborate across their respective customer and prospect bases.

Key Points: 
  • Taulia, a leading provider of working capital management solutions, has partnered with Optima ECM Consulting (“Optima”), a global implementation organization, to collaborate across their respective customer and prospect bases.
  • View the full release here: https://www.businesswire.com/news/home/20230907294181/en/
    This partnership will combine Taulia’s suite of products, which is fully integrated with SAP Business Network, with the strength of Optima’s global brand.
  • This new partnership expands a relationship between Optima and Taulia that dates back more than a decade.
  • Thomas Mehlkopf, Head of Working Capital Management SAP & Taulia, commented on the collaboration: “We are delighted to enter a new stage of our close collaboration with Optima with this partnership.

Taulia: Half of Businesses Are Paid Late

Retrieved on: 
Tuesday, April 18, 2023

Half (50%) of businesses surveyed are being paid late by their customers, according to a supplier sentiment survey conducted by Taulia, a leading provider of working capital management solutions.

Key Points: 
  • Half (50%) of businesses surveyed are being paid late by their customers, according to a supplier sentiment survey conducted by Taulia, a leading provider of working capital management solutions.
  • This is the highest percentage since the annual survey began, and a sharp rise from 36% receiving payments late from the prior year.
  • Adding to business' financial pressures, the survey found that more than two-fifths (42%) of respondents expect an increase in borrowing costs over the next 12 months.
  • Of which, nearly a tenth (7%) predict their costs to increase by over 10%.

Taulia Announces 2022 Results With New Client Wins Doubling Year-Over-Year

Retrieved on: 
Thursday, February 23, 2023

Taulia , a leading provider of working capital management solutions, celebrates a landmark year in 2022.

Key Points: 
  • Taulia , a leading provider of working capital management solutions, celebrates a landmark year in 2022.
  • Following Taulia’s acquisition by SAP, the world’s largest provider of enterprise application software, it has seen rapid increase in new customers and growth in its network to over 3 million suppliers.
  • In 2022, the business has more than doubled the number of new client wins compared to 2021, including signing international businesses such as Dole Asia, Hapag-Lloyd and World Wide Technology (WWT).
  • I couldn’t be more excited to see what we can achieve together with our customers and partners in 2023.”

Taulia Signs Memorandum of Understanding With Aramco to Explore Supplier Financing Solutions

Retrieved on: 
Monday, February 6, 2023

Taulia , a leading provider of working capital management solutions, today announces it has signed a Memorandum of Understanding (MoU) with Aramco, one of the world's leading integrated energy and chemicals companies, to discuss Taulia providing supplier financing solutions.

Key Points: 
  • Taulia , a leading provider of working capital management solutions, today announces it has signed a Memorandum of Understanding (MoU) with Aramco, one of the world's leading integrated energy and chemicals companies, to discuss Taulia providing supplier financing solutions.
  • This press release features multimedia.
  • Taulia is undertaking the program in collaboration with J.P. Morgan and Manafa Capital.
  • Ziad T. Murshed, Executive VP & CFO of Aramco, comments: "This is a great step towards enabling local suppliers to access funding options to support the industrial ecosystem and strengthen our local supply chain.”

Businesses Respond to Inflation With Investment in Tech Transformation as Concerns of Recession Linger - Taulia

Retrieved on: 
Tuesday, January 24, 2023

Financial decision-makers across regions are investing in automation (37%) and supply chain technology (37%) as businesses respond to inflation and lingering concerns about a recession, according to new research from Taulia, the working capital management solutions provider.

Key Points: 
  • Financial decision-makers across regions are investing in automation (37%) and supply chain technology (37%) as businesses respond to inflation and lingering concerns about a recession, according to new research from Taulia, the working capital management solutions provider.
  • Cedric Bru, CEO of Taulia, said: “Contractionary monetary policy to fight off inflation has driven concerns about a recession in many regions.
  • While layoffs are happening, especially in some industries, it is encouraging that we are seeing businesses explore alternatives to extreme cost-cutting that has characterized recessions of the past.
  • We are also seeing a strong trend of investment as business leaders look to instill resilience and find creative ways to continue doing business in the face of adversity.”
    Research conducted by Opinium among 550 financial decision-makers in the UK, U.S., Germany, and Singapore at businesses of USD 750 million + annual revenue between 10-24 October 2022.

Retail Sourcing And Procurement Global Market Report 2023, By The Business Research Company

Retrieved on: 
Monday, January 23, 2023

LONDON, Jan. 23, 2023 /PRNewswire/ -- The global retail sourcing and procurement market is slightly concentrated, with a few large players. The top ten competitors in the market made up to more than 31% of the total market. IBM Corporation was the largest competitor with 7.01% share of the market, followed by Oracle Corporation, SAP SE, Coupa Software Incorporated, Ivalua Inc, Zycus Inc, GEP Worldwide, Epicor Software Corporation, Basware Corporation, Vroozi, Inc. and more.

Key Points: 
  • Retail Sourcing And Procurement Global Market Report 2023 By The Business Research Company describes and explains the retail sourcing and procurement market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032.
  • LONDON, Jan. 23, 2023 /PRNewswire/ -- The global retail sourcing and procurement market is slightly concentrated, with a few large players.
  • The retail sourcing and procurement market is segmented as -
    The retail sourcing and procurement market is segmented by solution into strategic sourcing, supplier management, contract management, procure-to-pay and spend analysis.
  • The strategic sourcing market was the largest segment of the retail sourcing and procurement market segmented by solution, accounting for 32.2% of the total.

Retail Sourcing And Procurement Global Market Report 2023, By The Business Research Company

Retrieved on: 
Monday, January 23, 2023

LONDON, Jan. 23, 2023 /PRNewswire/ -- The global retail sourcing and procurement market is slightly concentrated, with a few large players. The top ten competitors in the market made up to more than 31% of the total market. IBM Corporation was the largest competitor with 7.01% share of the market, followed by Oracle Corporation, SAP SE, Coupa Software Incorporated, Ivalua Inc, Zycus Inc, GEP Worldwide, Epicor Software Corporation, Basware Corporation, Vroozi, Inc. and more.

Key Points: 
  • Retail Sourcing And Procurement Global Market Report 2023 By The Business Research Company describes and explains the retail sourcing and procurement market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032.
  • LONDON, Jan. 23, 2023 /PRNewswire/ -- The global retail sourcing and procurement market is slightly concentrated, with a few large players.
  • The retail sourcing and procurement market is segmented as -
    The retail sourcing and procurement market is segmented by solution into strategic sourcing, supplier management, contract management, procure-to-pay and spend analysis.
  • The strategic sourcing market was the largest segment of the retail sourcing and procurement market segmented by solution, accounting for 32.2% of the total.

Energy Costs Fuelling Crisis in Europe Still a Critical Concern for Businesses Globally - Taulia

Retrieved on: 
Wednesday, January 11, 2023

More than a third of businesses (35%) have said that the heightened cost of energy is their greatest concern, as the effects of high inflation bite globally, according to survey data from working capital solutions business Taulia .

Key Points: 
  • More than a third of businesses (35%) have said that the heightened cost of energy is their greatest concern, as the effects of high inflation bite globally, according to survey data from working capital solutions business Taulia .
  • The research, carried out amongst more than 500 senior financial decision makers at large companies in the US, UK, Singapore and Germany, found that while heightened energy costs are most pronounced in Europe, they remain a key concern in all regions.
  • The sentiment resonated globally, with nearly nine in ten (87%) agreeing in the UK and over four in five (83%) in Singapore.
  • Cedric Bru, CEO, Taulia, comments: “While the higher price of energy is most pronounced in Europe, it is a leading inflationary concern for businesses everywhere.