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Taulia and Cloud Trade partner to provide e-invoice solutions

Tuesday 12th June, 2012

Taulia has joined in partnership with Cloud Trade, an e-invoicing company that specialises in removing paper from the financial supply chain with no software footprint or technical changes for either the sender or receiver.

This new collaboration will give large organisations the ability to take advantage of Taulia’s Dynamic Payment Platform while providing suppliers more options and even greater visibility and access to online invoice submissions.

Taulia’s certified SAP Add-On with a cloud-based, Software-as-a-Service (SaaS) platform allows large organisations to negotiate payment terms with their supply base to achieve annual savings.

“This new partnership gives suppliers even greater options for invoice submissions, which makes it easier for suppliers to get paid quickly,” said Bertram Meyer, CEO of Taulia. “Partnering with companies like Cloud Trade helps us smooth the financial supply chain for all parties, saving costs for large corporations and giving suppliers transparency into the payment process. Invoicing is a critical step for both the buyer and the supplier, and we are excited to work with a reputable and reliable company like Cloud Trade to add flexibility to invoice submissions.”

"E-invoicing should be accessible to all companies, but historically, this has not been the case,” said David Cocks, CEO of Cloud Trade. “Cloud Trade utilizes what organizations already use. They do not have to change their technology, processes or incur prohibitive capital costs. With the Taulia partnership, our SAP customers can now not only receive a high adoption, non-disruptive e-invoicing service, but also all the vendor management and dynamic discounting benefits from the Taulia Dynamic Payment platform."

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