Taulia Named One of San Francisco’s Hottest Companies

Feb. 23, 2012 - PRLog -- SAN FRANCISCO, Calif., February 23, 2012 – Taulia Inc., the only SAP®-certified SaaS platform for Dynamic Discounting and e-invoicing, today announced it has been named to Lead411’s list of Hottest Companies in San Francisco.  Taulia was chosen from over 2600 private companies because of phenomenal results over the last 12 months, including 150% revenue growth, double-digit customer expansion and a successful B round funding of $8.5 million.

“We are excited to be recognized for all of the hard work and success we’ve experienced in the past year,” said Bertram Meyer, CEO of Taulia.  “Taulia is committed to providing a comprehensive dynamic discounting solution to large companies that also servers to benefit their suppliers, and the market has been very responsive.  We intend to capitalize on our growth in the coming year by further expanding in North America and Europe, and we are proud that our success has put us on the same list as other innovative companies such as Twitter and GigaOm.”

Taulia’s Invoicement® Suite provides dynamic discounting, e-invoicing and supplier self-services for Global 2000 companies, allowing them to save millions of dollars annually using dynamic payment terms and on-demand payment acceleration for their suppliers, in return for additional discounts.  Taulia’s SaaS platform offers suppliers the ability to accelerate invoice payment on-demand, eliminating the need for costly receivable financing or credit card borrowing.  Taulia’s free e-invoicing eliminates printing and mailing cost for suppliers, while interactive self-services reduce collection cost and remove the need for inquiries by providing 24/7 visibility, all free of charge.

“Over the past year we have scoured hundreds of news articles and press releases to determine which companies are making the most impact in San Francisco,” said Tom Blue, CEO of Lead411.  “Taulia stood out to us because of its record growth and achievements as one of the hottest companies in San Francisco this year, and we are proud to include the company on our prestigious list of winners.”

Lead411 has been compiling the Hottest Companies in San Francisco for the past three years. In order to be considered, companies must be privately held and located in San Francisco.  In addition companies must be in software, wireless, Internet, hardware or media and must have experienced a 100% increase in revenues or over $5 million in funding in the past two years.  More information and a complete list of winners can be found at http://www.lead411.com/awards/2012/san-francisco.html.   

About Taulia
Taulia specializes in a Software-as-a-Service (SaaS) solution that helps organizations reduce their total spend by optimizing the financial supply chain and payment terms with their suppliers. The Taulia Invoicement® Suite offers a cloud-based platform for dynamic discounting, e-invoicing, and supplier self-services, allowing organizations to achieve higher returns on their cash positions. Headquartered in San Francisco, Taulia also has offices in New York, London, and Düsseldorf (Germany). Its list of customers includes Coca-Cola Bottling Co. Consolidated, Pfizer, John Deere and other Fortune 500 companies from various industries. For more information, visit www.taulia.com.

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Taulia is a solution provider specializing in SaaS solutions for supplier portals, dynamic discounting and accounts payable automation. Taulia is the only SAP Partner that offers a certified SaaS-based dynamic discount management solution.