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Follow on Google News | Competition’s recent announcements to raise supplier fees boost interest in Taulia’s free offerA recent research note discusses potential effects of higher supplier fees in supplier networks
By: Taulia Inc. The report further quotes solution provider Hubwoo who emphasize the benefit of a free model as “much faster supplier adoption for large projects, by avoiding the supplier contract and payment process”. In its analysis Spend Matters also sees some potential supplier/buyer defections from the network triggered the fee increases, but estimates that such defections will remain a minority. Earlier this year it became public that J.P.Morgan has started introducing supplier fees for services that were previously free of charge. “Thanks to these recent fee increases, we have seen a marked increase in interest from large buying organizations who are researching alternative solutions that do not charge suppliers” comments Markus Ament, Taulia’s SVP of Products and Solutions. “Taulia is one of the few beneficiaries of this trend. We are positioned as a service that is and remains free for suppliers while providing an immediate ROI to buyers.” The Taulia business model strongly differs from the competition. Not only is it free for suppliers, but it also requires no investment from the buyer. Instead, Taulia accepts as compensation a small part of documented and realized savings resulting from improved discount management. # # # Taulia is a business solution provider and SAP Partner specializing in solutions for dynamic discounting, supply chain finance and vendor portals. Taulia is headquartered in San Francisco, with a second office in Berlin. End
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