WALLDORF (dpa-AFX) - German cloud-based software company SAP SE (SAP) reported that its fourth quarter profit after tax declined 25% to 1.45 billion euros from 1.93 billion euros in the previous
Der Softwarehersteller SAP ist im vergangenen Jahr vor allem aus eigener Kraft gewachsen. Nun übernehmen die Walldorfer mehrheitlich das Start-up Taulia. Und einen Grund zum Feiern gibt es auch.
Enterprise software company SAP is joining the ever-expanding supply chain finance (SCF) industry, after it agreed to buy a majority stake in working capital solutions provider Taulia. Founded in 2009, Taulia offers early payment through SCF, dynamic discounting, inventory and accounts receivable finance. Financial details of the transaction were not disclosed, but following a major funding .