Taulia acquisition draws SAP into supply chain finance

Computer software company SAP has brought a majority stake in Taulia, an information technology company, joining the supply chain finance industry

SAP has brought a majority stake in Taulia, joining the supply chain finance industry. 

Founded in 2009 and headquartered in San Francisco, Taulia has a revenue of US$9bn. 

Headquartered in Walldorf, Germany, founded in 1972 SAP has a revenue of €27bn. 

Once the acquisition is finished, Taulia will perform as an independent company, with its own brand in SAP.


Liberating the supply chain, supporting buyers and suppliers

SAP’s purpose is to ‘help the world run better’ and it does this through engineering the required solutions for clients, while supporting equality and innovation.

Over in Taulia, the businesses AI-powered platform works alongside its employees to ‘access the value tied up in the supply chain’. Taulia moves customers along from manual and inefficient behaviour, into a style that is led by modern technology, with a vision to ‘Create a world where every business thrives by enabling buyers and suppliers to choose when to pay and get paid, liberating cash across the supply chain’.

Both businesses are pleased with the acquisition. 

“Taulia strengthens our portfolio and adds value to a point that is key to every company: financial flexibility and stability,” said an SAP spokesperson. “With that, they contribute to making supply chains more resilient. By combining the deep working capital management expertise of Taulia with SAP’s broad CFO solution portfolio and the integration into our core business software and business network solutions, we are well positioned to become a leader in working capital management. We will offer these capabilities at scale to help businesses improve their financial position and seize growth opportunities.”

“This news is very exciting for both Taulia, our successful strategic alliance partner, and SAP as the new majority owner,” says Stuart Roberts, global head of trade and working capital at JP Morgan, which has a partnership with Taulia. “With SAP, we expect the strategic alliance between JP Morgan and Taulia will unlock new opportunities for us to serve our clients, and to inject and redeploy liquidity to suppliers as the world continues to manage impacts from the pandemic on the global supply chain.”

Share
Share

Featured Articles

Procurement & Supply Chain LIVE New York 2024: Day Two Recap

Day Two of Procurement & Supply Chain LIVE New York featured a number of engaging discussions relating to AI, risk management and supply chain innovation

Executives from Vodafone, Mastercard & SAP at P&SC London

Executives from Vodafone and SAP will join Procurement & Supply Chain LIVE London when it returns on 24 & 25 September at the BDC

Procurement & Supply Chain LIVE New York: Day 2

Join us for day two of Procurement & Supply Chain LIVE New York, the premier virtual event for leaders in North America and Canada

Procurement & Supply Chain LIVE New York: Day 1

Sustainability

Four New Sponsors Join P&SC LIVE London 2024

Operations

Four New Sponsors Announced for P&SC LIVE London

Digital Supply Chain