Taulia and OB10 team on purchase to pay offering

Source: Taulia

Taulia, the 'Invoicement' specialist, and OB10, the global e-Invoicing network, today announce their new global partnership, creating a unique Purchase to Pay solution that integrates seamlessly with SAP.

Taulia's mission is to help SAP clients make the most of their ERP. Taulia's InvoicementSM Suite is a certified add-on to SAP, giving benefit to Accounts Payable, Treasury and Suppliers. The key element of the suite is dynamic discounting, which enables companies to offer discounts on invoices that didn't originally offer them, and to save a potential of up to 0.5% on their annual spend.

To ensure dynamic discounting can be effective, it is important that companies receive their invoice data quickly. This is where e-Invoicing is essential. Taulia has chosen OB10, the leading global e-Invoicing network as their partner, due to their e-Invoicing expertise, unrivalled supplier enrolment, quality of service and their extensive global business community.

By integrating Taulia's InvoicementSM Suite with OB10's e-Invoicing Network, the partners have created an efficient and seamless Purchase-to-Pay solution. By receiving accurate invoice data quickly, buyers are able to capture attractive discounts by offering earlier payment on approved invoices to their suppliers.

The supplier not only benefits from prompt payment, but additional features offered by the service. By logging on to the OB10 Portal suppliers will be able to receive invoice Status information, remittance advice notifications and also benefit from invoice reporting and the online archive.

This creates a seamless process for customers and an even stronger offering for both OB10 and Taulia.

Jamie Gunn, CEO, OB10, said: "We are excited about this new collaboration with Taulia which will increase the value that our clients will be able to generate from OB10's network and their current SAP solution. We believe that our customers will welcome this new development. This is yet another example of how our global network offers new opportunities and how e-Invoicing is becoming a strategic choice for so many businesses."

Bertram Meyer, CEO, Taulia, said: "We are proud too be able to complement the OB10 network with a solution that allows customers to benefit from offering dynamic discounting and supplier self services - and to do so without a lengthy project or additional investments in IT-Infrastructure. After developing the InvoicementSM Suite we were determined to choose a partner with a global network, a world-class supplier enrolment process and cutting-edge technology. OB10 is the market leader offering the best value proposition along those dimensions and therefore is an ideal choice for us. We are confident that together we are able to offer a unique value proposition very attractive to both our existing and new customers."

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