Plugging Into Efficiency, Transparency and Automation
Taulia for Utilities
A shifting business landscape, along with a myriad of other factors — including new technologies, regulatory chnages, environmental mandates, and internal margin pressures — are challenging traditional utility business models and their revenue-generating activities.
With extensive experience in the utility industry, Taulia helps companies gain organizational improvements and greatly enhance profitability through its comprehensive payables automation and supplier financing solution. By standardizing and unifying processes across the organization, Taulia’s solution focuses on streamlining the Procure-to-Pay (P2P) process for the entire supply chain - automating invoice processing and early payment discounts to ensure maximum savings.
Partnering with some of the world’s largest and most innovative utility companies, Taulia provides a solutions that allows these companies to easily automate and optimize their invoicing processes and improve working capital through eInvoicing, supplier management and a market-leading supplier financing solution.
Taulia Helped A Fortune 500 Utility Capture $163 Million in Discounts in Just Four YearsSee How (PDF)
A Match Made In The Cloud
The main objective when implementing a supplier financing program is to maximize adoption and active usage throughout the entire supply chain. The more suppliers that collaborate and transact with the portal, the more efficient, productive and successful your overall automation and supplier financing program will become.
With a world-class active supplier network, Taulia easily connects large utility organizations with their suppliers, automating and simplifying their business transactions, streamlining communication and removing the traditional barriers to supplier adoption.
Taulia’s utility customers see an average of 79% of their supply base enroll in the portal within weeks
Taulia’s utility customers have achieved an average of 56% eInvoicing adoption, with some seeing adoption in the 90s
The average Taulia utility customer saves $2.5 million per billion in early payment discount capture
Partnering With Taulia
Take advantage of Taulia’s leading Utilities approach to meet your unique business needs
Tailored for Utilities:
Taulia has thousands of Utility suppliers already invoicing and getting paid early through the network, ready to start doing business with you from day one
Built for Scale:
Technology developed to meet the needs of the entire supply chain
Taulia has developed a model that incurs rapid time-to-value, with the solution up and running within months and your networked suppliers transacting immediately