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Taulia welcomes Crédit Agricole CIB to its Funder Network

Wednesday, 26th June 2024

Taulia, a leading provider of working capital management solutions and part of SAP Group, has announced that is has added Crédit Agricole CIB, corporate and investment banking arm of Crédit Agricole Group, one of the largest global banks, to its global multifunder network.

The announcement follows the recent additions of Bank of China London Branch and BNP Paribas to its network, which aims to provide businesses with flexibility and an extensive and diverse network of banks for funding. 

Taulia’s multifunder model is designed to further strengthen customer resilience through diversification and a wider funding pool for different currencies, geographies, client size and profile. Combined with Taulia’s technology that allows scalability and operational efficiency through deep ERP integration, Taulia aims to provide businesses with accelerated cash flow and optimised working capital. 

Cedric Bru, CEO, Taulia, says; “We are so excited to be working with Crédit Agricole CIB and to have them join our multifunder network. This announcement marks a significant milestone in our efforts to assist our customers with unlocking the liquidity trapped in their supply chains. Our aim is to empower businesses to invest in their growth, operate more efficiently, and seize new opportunities to foster innovation. With this partnership, we are proudly continuing to support customers in this mission.”

 

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Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.