|By Business Wire||
|March 18, 2014 08:03 AM EDT||
Taulia Inc., the market leading provider for supplier financing, announced today the continuation of its Million Dollar Guarantee program for 2014. First introduced in 2013, Taulia’s Million Dollar Guarantee program has successfully demonstrated that customers will realize at least one million dollars in savings from dynamic discounting within the first year of implementation. The program was initially slated to expire after 2013, but due to overwhelming market demand Taulia is reintroducing the saving guarantee for 2014.
Taulia has made achieving one million in savings even easier with the recent launch of Taulia Enhanced Discounting, which allows buying organizations to offer their suppliers early payments in exchange for a discount using either their own cash or 3rd party funds. Taulia customers have been tremendously pleased to receive this guarantee as part of the benefit of implementing Taulia’s solutions.
“With The Million Dollar Guarantee, Taulia has put its money where its mouth is to show the effectiveness of its Dynamic Discounting solution,” said Pete Loughlin, managing editor of Purchasing Insight. “This type of guarantee puts to rest any concern organizations may have as to the cost savings potential of an early payment discounting initiative.”
“We are excited to continue offering the Million Dollar Guarantee for 2014,” said Joe Hyland, Chief Marketing Officer of Taulia. “Our clients are realizing tremendous benefits simply by automating early payments on approved invoices. This risk-free investment generates significant returns and helps to strengthen relationships with suppliers, who are in need of faster payment.”
In order to qualify, companies must have over $3 billion in annual invoiced spend. In addition, they must use Taulia’s eInvoicing solution and adhere to TAULIA NOWTM best practices, the company’s supplier enablement and onboarding methodology. To ensure the success of the discounting program, organizations can utilize Taulia Enhanced Discounting for early payments they do not wish to fund with their own cash reserves. Tracking on discount capture officially begins at the go-live stage of the implementation process. In the case of any client who doesn’t experience the savings in the first year, they pay no additional fees until they reach the million dollar savings.
Taulia will be available to discuss the benefits of program onsite at the SAP Financials conference in Orlando, March 18-21, 2014, at booth #330.
Taulia is the fastest growing SaaS platform and network for Supplier Financing, eInvoicing and Supplier Portals. 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.
Sep. 29, 2016 01:00 AM EDT Reads: 2,298
Sep. 29, 2016 12:15 AM EDT Reads: 482
Sep. 29, 2016 12:00 AM EDT Reads: 2,930
Sep. 28, 2016 11:30 PM EDT Reads: 3,952
Sep. 28, 2016 11:30 PM EDT Reads: 2,727
Sep. 28, 2016 10:30 PM EDT Reads: 3,061
Sep. 28, 2016 09:15 PM EDT Reads: 353
Sep. 28, 2016 08:30 PM EDT Reads: 1,715
Sep. 28, 2016 08:15 PM EDT Reads: 344
Sep. 28, 2016 07:00 PM EDT Reads: 1,628
Sep. 28, 2016 06:45 PM EDT Reads: 4,153
Sep. 28, 2016 06:30 PM EDT Reads: 3,120
Sep. 28, 2016 06:15 PM EDT Reads: 305
Sep. 28, 2016 06:00 PM EDT Reads: 1,777
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Sep. 28, 2016 05:15 PM EDT Reads: 266