Buyerquest And Taulia Announce Global Alliance To Boost Financial Supply Chains

By CIOReview | Wednesday, March 16, 2016

FREMONT, CALeading eProcurement supplier, BuyerQuest has participated in a strategic global alliance with Taulia, the financial supply chain company with the nippiest arising buyer and supplier network for supplier financing. The alliance brings in a flexion level in BuyerQuest and Taulia's growth curve, ramping upon the fact that both companies are rapidly brining in new Fortune 500 customers and their widely scaled supply base to BuyerQuest and Taulia’s own platform. The coalesced technologies goal tends to exile the increasing tensions in current procure-to-pay models that have failed to provide the desired answers needed for the existing modern enterprise. The compounding of Best-of-Breed Platforms appropriates Organizations to accomplish severe Procure-to-Pay Operational and Financial Improvements.

"This alliance combines BuyerQuest's market-leading Procurement platform with Taulia's sophisticated suite of financial supply chain products," said Jack Mulloy, Chief Executive Officer of BuyerQuest. "As a result, our customers can experience a beautiful and seamless one-stop-shop for all interactions with suppliers, while strengthening relationships and adding millions to the bottom line."

The BuyerQuest-Taulia relationship will blend BuyerQuest's eCommerce procurement experience with Taulia's world-class supplier financing and collaboration tools to generate an extensive scoped Procure-to-Pay platform for buyers and suppliers to efficiently conduct their business processes—the initiator of its kind. Buyers can improve supervision of all their supply chain processes and tote up millions to their bottom line via invoice financing while suppliers savor enhanced visibility and more effective control over their working capital.

"Partnering with BuyerQuest made perfect sense," said Markus Ament, Taulia's Chief Strategy Officer. "Procure-to-Pay has always been a collaborative process between buyers and suppliers and by aligning the BuyerQuest and Taulia platform we're going to market with a tool that puts the needs of buyers and suppliers first to create a true win-win relationship."