7th May 2020

Taulia Announces Solutions to Support Customers During COVID-19 at No Charge

Taulia, has today announced they are offering three cash analytics solutions, at no charge, to customers to help execute their working capital strategies, strengthen their supply chains and manage risk during these challenging times. The COVID-19 crisis has hit businesses in unprecedented ways and Taulia is taking action to support customers in navigating through the crisis.

Brady Cale, Chief Technology Officer, Taulia says, “We are offering these solutions to our customers as we believe they can have an immediate impact on how businesses manage the crisis. Our customers are the most important part of our business and we want to make sure that we provide the technology to empower them to respond to the urgent needs of their customers, suppliers, and employees.

An Airbus Treasury leader who is a current user of the Financial Supply Chain Analytics platform states, “Airbus Treasury needs to run data analysis in a short period of time. The prerequisites include quick access to data, which has been updated in real-time and is easily customizable. This takes advantage of the capabilities of Taulia’s platform and avoids extractions and data crunching from several SAP systems each time supplier assessments have to be performed. And of course, another key benefit of the Taulia SCF analytics module would be to provide real-time status of the performance of the Early Payment Program to our Airbus top management.”

Companies depend on the health of their supply chain; both Treasurers and CFOs are under pressure to keep suppliers and employees afloat, all the while meeting debt obligations and maintaining their credit rating. To meet this challenge, Taulia is proud to offer its cash analytics solutions at no charge: Cash Forecasting, Financial Supply Chain Analytics, and Cash Scenario Planner through August 31, 2020.

These tools can help companies manage their way through this economic uncertainty and position themselves to come through the crisis with strong financials and a healthy supply chain.

  • Cash Forecasting – First aggregates real-time and historical data, then applies machine learning to generate insights that help inform quick strategic decision making, which is critical in the current environment.
  • Financial Supply Chain Analytics – Better understand payment programs to improve supply chain health and assist with regional compliance.
  • Cash Scenario Planner – Gives visibility on potential opportunities to leverage flexible working capital and provides insights on industry benchmarks to help long-term strategic planning.

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