TAULIA HONOURED AS A LEADING EUROPEAN TMT COMPANY
Taulia, Inc., the leading cloud-based dynamic discounting solutions provider for SAP®, was named as a finalist today for the 2011 Bully Award honouring the leading European technology, media and telecommunications (TMT) companies as presented by White Bull Summits.
A total of sixty European companies were named as finalists for the 2011 Bully Award. The deserving finalists were selected from a pool of entries that included hundreds of nominated European TMT companies.
The finalists fall into three categories:
- Yearlings: firms that seek or have received angel/seed rounds or equivalent; classic start-ups
- Young Bulls: firms that seek or have received Series A financing; early stage companies
- Longhorns: post Series A firms; growth stage companies
"The Bully Award finalists were selected first and foremost for values of excellence and innovation in the TMT sector,” stated Farley Duvall, Founder and Chairman of White Bull Summits. “Each firm has been recognized as a leader in its field, with a bright business proposition and meaningful market strategies, driven by a rich understanding of customer needs and technological solutions.”
“We are very pleased that Taulia has been recognized as a Bully Award finalist in the Longhorns category, and as a leading technology company in Europe,” said Bertram Meyer, CEO of Taulia, Inc. “Our value-driven, technology-based approach for optimizing the financial supply chain of Global 2000 companies and their smaller suppliers creates a mutually beneficial opportunity not seen in the market before. This recognition from White Bull further validates our approach and commitment to addressing the needs of these companies.”
Taulia provides dynamic discounting solutions and supplier portals to Global 2000 companies. With the Taulia Dynamic Payment Platform, these large organizations can save millions of dollars annually by enabling dynamic payment terms and on-demand payment acceleration for their suppliers, in return for additional discounts. For suppliers, the Taulia Supplier Portal offers the ability to accelerate invoice payment on-demand, thus eliminating the need for costly receivable financing or credit card borrowing. The supplier portal also reduces collection cost and removes the need for inquiries by providing 24/7 visibility and comprehensive self-services - all free of charge.
“We searched for the ‘wily beast’ we believe lives inside all successful businesses,” adds Duvall. “We’ve carefully reviewed seed, angel, early-stage and growth-stage companies and chosen those firms as finalists that we believe have demonstrated clear potential for further growth, and are particularly deserving of a moment in the spotlight.”