Latest offering at the forefront of anticipatory invoicing
Following the tremendous success achieved in payables helping companies with their payables processes, Taulia, the market leading provider for supplier financing, today announced the launch of its revolutionary new Predictive Billing solution, designed to help organizations optimize revolutionize their billing processes while more effectively anticipating the needs of their customers.
As one of today’s top providers for supplier financing, leading new standards in capturing early payment discounts, Taulia’s new Predictive Billing offering aims to become the standard in billing. While Amazon is still exploring predictive shipping of products before customers order them, Taulia is now able to start invoicing customers before they even place an order – effectively anticipating the needs of customers before they even realize a need exists.
Joe Hyland, Taulia Chief Marketing Officer, said: "Since we have excelled at helping organizations improve their invoicing and payables processing that we thought, 'what the heck,’ and set our sights on developing a solution that would help them bill their customers too. Taking advantage of the wealth of big data flowing through Taulia, we have devised an algorithm that is able to predict when and what customers will buy in the future. Through this algorithm we are able to predict with 50-100% accuracy when your customers will order goods or services, in the hopes that their order will soon follow."
Through Taulia’s Predictive Billing solution, customers will receive an advanced invoice for goods and services they have yet to order, but are highly likely to based on historical purchasing trend analysis. With such high customer satisfaction in the payables industry, Taulia fully expects to achieve the same success in receivables. In fact, Taulia anticipates that Predictive Billing will more than triple their annual revenue, allowing them to finance bigger budget marketing videos in the ultimate hope that they will go viral.
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.