Taulia in the News: Our Partnership with The Royal Bank of Scotland

October 17, 2014 Keith Chapman

taulia-in-the-news-our-partnership-w-rbs

Another week, another major announcement for Taulia!

In the past month we’ve announced the launch of our Taulia Analytics platform, as well as an additional $13 million in fundraising. We made both of those announcements at our annual Taulia Connect customer conference in San Francisco.

This time, the news comes from across the pond. The Royal Bank of Scotland (RBS), one of the largest banks in the United Kingdom, announced a new partnership with Taulia to offer dynamic discounting with e-Invoicing to their corporate clients.

The Financial Times broke the exciting news last week. Reporter Emma Dunkley wrote,  “The Royal Bank of Scotland has struck a deal to offer businesses the chance to repay their suppliers early to save millions of pounds a year and support the strength of small companies.”

By using Taulia, “The bank has partnered with Taulia, a payment solutions company, to provide corporate customers with electronic invoicing as a way to pay their supply firms early in return for a discount,” wrote Dunkley. “The supplier can then choose to receive payment after a certain time period, instead of the typical 55-day term.”

Stay tuned to our blog for all of Taulia’s exciting news and announcements!

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