Taulia Cited as a “Sample Vendor” in Gartner Hype Cycle for Procurement and Sourcing Solutions, 2014

October 10, 2014 Keith Chapman

taulia-cited-as-sample-vendor-gartner-hype-cycle

Gartner, a leading global technology research company, has included Taulia in its annual “Hype Cycle for Procurement and Sourcing Solutions, 2014” report published July 29, 2014.

In the ­­report, Taulia was listed as a provider of dynamic discounting and eInvoicing solutions.

“We’re delighted to be identified by Gartner’s research team as a sample vendor,” says Taulia CEO Bertram Meyer. “We feel it speaks to the recognition we’ve seen from customers and investors who have realized the value of Taulia’s solution.”

According to the research firm’s website, such reports “provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.”

In the report, Gartner notes, “As always in B2B, the key in e-invoicing projects lies with the recognition of the shared benefits that suppliers and buying organizations can realize.”

Taulia prides itself on providing a mutually beneficial platform for both buyers and suppliers, and the value of Taulia’s win-win proposition is evidenced by the company’s 100% customer retention rate and high supplier onboarding rates.

Taulia has experienced unprecedented momentum in recent months and years, having increased revenue by 300% year-over-year for two consecutive years. In addition to being cited by Gartner, the San Francisco-based startup has been named as one of the 2014 Best Places to Work in the Bay Area for the second consecutive year, became an Oracle Gold Partner, and was named by AlwaysOn to the 2014 OnDemand 50 Companies to Watch list. Last month, Taulia closed on $40 million in Series D fundraising round.

Read the press release here.

 

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