Taulia, the market-leading SaaS platform for dynamic discounting, announced today that it has been chosenas the best worldwide invoice discount management solution by Global Finance magazine, the expert resource on global business and finance.
The sixth annual awards for the World’s Best Supply Chain Finance Providers celebrates the growing significance of the supply chain and the various financing solutions available for both buyers and suppliers.
“With a moderate recovery only now on the horizon in the US and the crisis in Europe continuing, major source countries such as China and Brazil are starting to feel the effects of the global slowdown, with GDP growth figures dramatically declining over two years ago. This has an impact on multinationals’ supply chains, and companies are ever-more cognizant of the need to ensure they have secure, stable suppliers, with the financing they need to flourish,” said Joseph Giarraputo, publisher and editorial director of Global Finance.
Global Finance selected the winners across sixteen global and eight regional categories and were selected based on the following criteria:
- Market share and global coverage
- Product innovation
- Customer service
- Execution skills
- Client-specific implementations
“We have seen a dramatic shift in the market over the past few years,” said Bertram Meyer, CEO of Taulia. “Our clients recognize that there’s a better way to partner with their suppliers; paying them earlier, but at a discounted rate, which is advantageous to both parties. This gives buyers significantly better returns on their cash and provides suppliers with cheaper and faster access to much needed liquidity. We are honored that Global Finance magazine has recognized Taulia as the premiere global discount management solution.”
This latest recognition caps a busy award season for Taulia. In addition to being named Global Finance’s “Best Invoice Discount Management Solution”, the company was also voted a “2013 Best Places to Work in the Bay Area” by the San Francisco Business Times and a “2013 OnDemand Company to Watch” by AlwaysOn.
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, Düsseldorf, Germany, New York City and Park City, Utah. For more information, visit http://www.taulia.com.
About Global Finance
Global Finance is a monthly magazine founded in 1987 by publishing entrepreneurs Joseph Giarraputo and Carl Burgen. Giarraputo. Its mission is to help corporate leaders, bankers and investors chart the course of global business and finance. Global Finance magazine has a circulation of 50,050, audited by BPA, and readers in 163 countries. Its headquarters are in New York, with offices in London, Rio de Janeiro and Milan. Each year Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence. Global Finance is part of Class Editori Group, a leading Italian finance and lifestyle media company. Class Editori is listed on the Borsa Italiana stock exchange. It has a strong digital presence and international partnerships with Dow Jones, NBC, and General Electric.- See more at: http://www.taulia.com/en/resources/news/258-best-invoice-discount-management-solution#sthash.571QSkXv.dpuf