Technology Leaders Combine Their Best-of-breed Services to Increase the Value of Suppliers Across Enterprise Environments
Lavante, Inc. the leading provider of SaaS solutions for Supplier Information Management (SIM) along with Taulia, Inc., the financial supply chain company, today announced a new partnership that combines their industry-leading solutions to create an unparalleled offering to optimize the value of supplier relationships across enterprise businesses.
By combining the vast business intelligence of the Lavante Supplier Network, built on the Lavante Connect platform that collects, validates and actively manages supplier information across millions of supplier connections, with Taulia's industry-leading supplier financing and e-invoicing solutions, organizations will maximize supplier participation of their supply chain financing program and realize a subsequent increase in their bottom line through discount capture and/or working capital optimization.
Beyond higher supplier adoption and profits, buying organizations utilizing the Lavante/Taulia offering will enjoy new visibility into supplier health score-carding and campaign management to help make more informed decisions about their supply chain partners. Suppliers will enjoy powerful new tools to help monitor their standing at the client level and to negotiate accounts receivable strategies that maximize their cash flow while making them a better business partner.
"With this move, Taulia is leveraging the industry's premier supplier data quality solution to power its sophisticated supply chain financing product offering," states Henry Ijams, lead analyst of PayStream Advisors. "The combined solution offers a best case scenario for clients and suppliers."
"In Lavante, we see a firm that shares our passion for putting the supplier first, and in doing this, providing the highest possible value to clients," states Markus Ament, Taulia Co-Founder and Chief Strategy Officer. "We could not have selected a better partner to help take our Financial Supply Chain Network to the next level. This will drive a magnitude increase in ROI for clients that leverage the Lavante platform."
"Companies leveraging our joint offering will benefit from the every/every principle," states Lavante co-Founder and Chief Strategy Officer, Joe Flynn. "With Lavante, turn every supplier into an active partner and with Taulia, turn every invoice into a revenue opportunity. This is the most comprehensive way to strengthen supplier relationships while adding millions of dollars to the bottom line."
In support of the new partnership, Lavante will join Taulia next week, February 22-24, as a sponsor at Taulia's fourth annual customer conference, Taulia Connect, held at Park Central Hotel in San Francisco, CA to discuss and demonstrate the new joint offering. Flynn will be joining Ament on stage to discuss innovations in the financial supply chain and the future of value for suppliers.
Those unable to attend Taulia Connect can learn more about the joint offering from Ament and Flynn in an online educational workshop about optimizing the value of suppliers throughout the enterprise environment. Follow this link to register for the online event taking place on March 23, 2016.
Lavante is the leader in on-demand supplier information management. Built on the patented Lavante Connect Platform, Lavante solutions generate and deliver the highest-quality data to clients and suppliers while syndicating data solutions to partners throughout the P2P ecosystem. Lavante data optimizes supplier value and supports better decision making across enterprise environments. Lavante solutions are deployed across Fortune 1000 companies including the hospitality, retail, entertainment, manufacturing, and medical industries. Headquartered in San Jose, California, Lavante is privately held and was founded in 2001. For more information please visit www.lavante.com.
Taulia drives innovation in the Financial Supply Chain. By turning every invoice into a revenue opportunity, Taulia enables organizations to strengthen supplier relationships while adding millions to the bottom line. Some of the smartest brands in the world rely on Taulia, including Coca-Cola Bottling, Pfizer, Hallmark, John Deere, and many other Fortune 500 companies from various industries. Taulia is headquartered in San Francisco, California, with locations across the United States and offices in London, England; Dusseldorf, Germany; and Sofia, Bulgaria. For more information, visit www.taulia.com.