Dolphin and Taulia today announce a strategic partnership to unveil a fully integrated solution that includes discount management, vendor portal and an accounts payable automation and optimization solution for the SAP environment.
Dolphin incorporated Taulia’s hosted vendor portal and dynamic discounting capabilities into Dolphin’s Process Tracking System for Accounts Payable platform. The result is a comprehensive solution that streamlines and optimizes the AP process, lowers total cost of invoice processing, and enables corporations to reduce total spend by taking advantage of early payment discounts.
Dolphin optimizes accounts payable processes for organizations using SAP solutions through its best-in-class capture technologies, process tracking and advanced analytics. Taulia’s Dynamic Payment Platform adds an easy-to-use, SAP-integrated web hosted (SaaS) vendor portal and immediate dynamic discounting capabilities. Suppliers can securely access the vendor portal to view invoice and payment status, download purchase orders and turn purchase orders into invoices. They also can opt for earlier payment of approved invoices against additional discounts.
The vendor portal is free for suppliers and delivers immediate ROI for corporate buyers, according to Brian Shannon, Principal for Business Process Management at Dolphin. “Integrating Taulia’s suite into the Dolphin platform for AP optimization opens new opportunities to manage cash flow in the invoice-to-pay workflow,” Shannon noted.
“Customers will benefit from easier vendor management through the vendor portal and position themselves to maximize the use of their capital through dynamic discounting.”
Taulia CEO and founder Bertram Meyer sees dynamic discounting as a new way for customers to “leverage AP automation and improve the overall business case.”
“The Taulia Invoicement Suite gives major corporations the agility they need to offer and take advantage of early payments – risk free and without additional effort. Significant savings result from the ability to capture a discount on all invoices,” Meyer said. “We’re pleased to partner with Dolphin, which has an extensive track record with major corporations and deep, SAP-focused expertise in financial process automation solutions.”
Dolphin makes crucial business operations like accounts payable, accounts receivable, order management, and data management run better and smarter for organizations using SAP solutions. Focused on improving business performance through and Information Lifecycle Management , Dolphin produces the right solution for each customer, faster, through its unmatched experience in SAP technologies and its proven best practices, tools and add-on applications for SAP solutions. Dolphin solutions improve business and IT performance, lower total cost of ownership and deliver high return on investment.
The company was founded in 1995 and has offices in Philadelphia, PA and San Jose, CA. Dolphin solutions are implemented across North America and around the world. For more information, visit http://www.dolphin-corp.com.
See the official press release.