Taulia Wins Prestigious 2011 Bully Award
- Published October 10, 2011
Taulia honoured as a leading European TMT company
Taulia, Inc., the leading cloud-based dynamic discounting solutions provider for SAP®, today announced it was named a Longhorn winner for the 2011 Bully Award honouring Europe’s leading technology, media and telecommunications (TMT) companies as presented by White Bull Summits, champions of the European innovation ecosystem.
A total of 60 European companies were named as finalists for the 2011 Bully Award, and the deserving winners were selected from a pool of entries that included hundreds of nominated European TMT companies.
The winners fall into three categories:
- Yearlings: firms that seek or have received angel/seed rounds or equivalent; classic start-ups
- Young Bulls: firms that seek or have received Series A financing; early stage companies
- Longhorns: post Series A firms; growth stage companies
"The Bully Award winners were selected for innovation and values of excellence in the TMT sector. They have been recognized as a leader in their field, with a bright business proposition and meaningful market strategies, driven by a rich understanding of customer needs and technological solutions,” stated Farley Duvall, Founder and Chairman of White Bull Summits.
“We are honoured to be named a Longhorn winner and appreciate the industry acknowledgment of our hard work and success over the past two years,” said Bertram Meyer, CEO of Taulia. “We are committed to addressing the gaping inefficiencies in the financial supply chain and excited the Taulia Dynamic Payment Platform has been so well-received in the market, having signed ten new large customers year to date. We are pleased that the prestigious White Bull organization has further validated our success with this Bully award recognition.”
Taulia provides dynamic discounting solutions and supplier portals to Global 2000 companies. With the Taulia Dynamic Payment Platform, these large organizations can save millions of dollars annually by enabling dynamic payment terms and on-demand payment acceleration for their suppliers, in return for additional discounts. For suppliers, the Taulia Supplier Portal offers the ability to accelerate invoice payment on-demand, thus eliminating the need for costly receivable financing or credit card borrowing. The supplier portal also reduces collection cost and removes the need for inquiries by providing 24/7 visibility and comprehensive self-services - all free of charge.
“The White Bull judges very carefully reviewed seed-stage, early-stage and growth-stage companies, and selected the winning companies they believe have demonstrated clear potential for further growth and a high probability for exit in the next few years,” added Duvall.
White Bull has a successful track record in identifying Europe’s leading TMT companies. Eight of the 2010 Bully Award winners identified by White Bull were acquired in the past year including BuyVIP (acquired by Amazon), JayCut (acquired by RIM), Q-go (acquired by RightNow Technologies), Severa Corp (acquired by Visma Group), SunglassesShop.com (acquired by Glasses Direct), Ubitexx (acquired by RIM), Vilant Systems Oy (merged RFID activities with Swisscom Auto-ID Services AG), and WatchMouse (acquired by CA Technologies)
See the official press release.