Taulia Brings Cloud Based Spend Management Platform to the Automotive Industry

Grazed from MarketWire. Author: PR Announcement.

Taulia Inc., the market-leading SaaS platform for dynamic discounting, announced the addition of one of the world’s largest automobile manufacturers to their rapidly growing client portfolio. Taulia will provide its entire Business Exchange Suite to the auto, motorcycle and power-equipment manufacturer, which will include its innovative dynamic discounting and supplier self-services solution.

Taulia’s cloud-based platform will allow the manufacturer the ability to eliminate supplier invoice inquiry calls, reduce operating expenses and save millions annually by capitalizing on early payment discounts. For the automaker’s supplier-base, the switch to Taulia’s platform will provide a host of benefits, including:…

— 24/7 visibility into all invoices, purchase orders and payment details

— Collaboration tools to communicate electronically with their customer

— Ability to be paid early on approved invoices

"We are proud to add this marquee organization to our diverse client portfolio and are thrilled that Taulia continues to attract the highest level of organizations to our product offerings," said Taulia’s CEO, Bertram Meyer. "The market is primed for solutions that help both buyers and suppliers and we are excited to provide a solution that creates a win-win for both parties."

About Taulia

Taulia provides cloud-based invoice, payment and dynamic discounting management solutions for large buying organizations throughout the world. Organizations can reduce their total spend and achieve double-digit returns on cash positions, while allowing their suppliers opportunities 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, John Deere and other Fortune 500 companies from various industries. Taulia is headquartered in San Francisco, California with offices in London, Dusseldorf, Germany, New York City and Park City, Utah. For more information, visit http://www.taulia.com.