Taulia Raises $3.2 Million, Helps Companies Pay Their Invoices Early
Summary
SAP certified partner Taulia, provider of a “Dynamic Discounting” platform for corporations using SAP, announced this morning that it raised $3.2 million in financing from new investors ncluding Matrix Partners and Trinity Ventures. Previous backers such as The Angels’ Forum also participated in the round. The company says the freshly secured capital will be used to expand its sales teams in the United States and Europe. Taulia essentially enables corporations to pay their invoices early through its SaaS Dynamic Discounting solution, which often results in cost-cutting thanks to the early payment discounts they stand to receive from their suppliers. The company’s on-demand platform promises to let companies connect to any proprietary portal or third-party e-invoicing network, or to embed its functionality therein.
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