How they describe themselves: We build simple solutions that help customers uncover hidden savings opportunities in their supply chains. Taulia enables Dynamic Discounting, a process whereby suppliers can choose to receive early payment on their invoices in return for a discount given to their buyer. Unlike conventional fixed invoicing terms, the supplier has the freedom to select the precise date they get paid that balances their cash flow needs and the discount given to the buyer. Our management team combines veterans of both large enterprise and small business markets. Our founders previously built and sold Ebydos, a leader in large enterprise invoice automation for Global 2000 customers. Our small business expertise was strengthened by the integration of billFLO, a cash-flow management solution for small businesses, acquired in June ‘11.
How they describe their product/innovation: Taulia is an expert in Early Payments through Dynamic Discounting. We are launching our Early Payment Network, which expands the power of Early Payments beyond our existing network to every business. The combination of our knowledge of Dynamic Discounting, our network of financing sources, and our new API allows us to extend our Early Payment Network to users of any Accounting System, ERP software or E-invoicing Network. In fact, any financial software provider can now offer Dynamic Discounting directly to their install base via the new Taulia powered API. A very simple, one-time integration opens the door for the financial software provider to instantly share in the revenue generated by Early Payments.
Bus. Dev.: Ian Sweeney, VP Product, 415-376-8280
Press: Natalee Gibson, email@example.com, 720-323-5382
Sales: Bertram Meyer, CEO, 415-376-8280