Taulia Celebrates Record First Quarter Results

April 16, 2013 Melissa Coleman

Company opens the year with six major new clients

successTaulia Inc., the market-leading SaaS platform for Cloud Finance and Dynamic Discounting, announced a continuation of its stunning growth with a record-setting first quarter. After increasing revenue by more than 200% in 2012, Taulia has continued to ramp sales. Driven by a series of major customer wins, including five Fortune 500 & Global 2000 organizations, Taulia is pacing to grow another 400% in 2013.

The first quarter of 2013 represents the largest quarterly sales in Taulia history. “Our early success can be attributed to many things; we have a long list of gracious customers spreading our story on our behalf and a product that is simple to install and effortless to use,” said the company’s CEO, Bertram Meyer. “This combination has resulted in overwhelming interest from across the globe. It is exciting and humbling to feature the fastest growing buyer network in the world.”

Record Breaking Customer Growth

Taulia’s first quarter success included a substantial expansion of its customer base, including a variety of multi-billion dollar global organizations, such as:

  • A global telecommunications leader in Canada
  • One of the world’s largest automobile and motorcycle manufacturers
  • The second-largest food production company in North America
  • The largest online shoe retailer in the world
  • A global manufacturer of industrial building equipment
  • A worldwide leader in manufacturing oil and gas drilling equipment

Million Dollar Guarantee

As one of Taulia’s boldest moves, they also announced their new “Million Dollar Guarantee” program for 2013, which commits at least one million dollars of incremental profit through discount capture within the first year of production. The program was an industry-first and received mass publicity from a variety of industry experts, such as SharedServicesLink.com and Purchasing Insight.

“2013 brings a shift for Taulia as the enterprise market clearly recognizes the value that our solutions provide,” says Taulia Vice President of Marketing, Joe Hyland. “Our early clients are experiencing enormous monetary value, with PG&E generating over $70M of discount capture since installing Taulia two years ago. We know our platform works and we’re willing to remove any inherent risk through our Million Dollar Guarantee.”

Taulia’s platform is implemented in just a few short months, is completely free to suppliers and is proven to generate massive ROI for buying organizations.

About Taulia

Taulia provides cloud-based invoice, payment and dynamic discounting management solutions for large buying organizations throughout the world. Organizations can reduce total spend and achieve double-digit returns on cash positions, while allowing 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 across the globe. Taulia is headquartered in San Francisco, California with offices in London, Düsseldorf, Germany, and Park City, Utah. For more information, visit http://www.taulia.com.

- See more at: http://www.taulia.com/en/resources/news/248-record-first-quarter-results#sthash.7kWJ0RAW.dpuf

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