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Taulia launches receivables finance offering for large corporates

San Francisco-based fintech Taulia has launched an accounts receivable financing product aimed at large corporates, as it continues to expand to cover all areas of the cash conversion cycle.  Taulia, which last week announced it had sold a majority stake to enterprise software company SAP, offers payables, receivables and inventory finance solutions through its digital .

Global Supply Chain Issues can no Longer be Dlassified as Outlier Events, According to Taulia

Global Supply Chain Issues can no Longer be Dlassified as Outlier Events, According to Taulia
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Taulia to expand into inventory management | Global Trade Review (GTR)

The company historically provides payables and receivables financing, but tells GTR ahead of the launch that expanding into inventory financing “will enable Taulia to provide its global customer base with solutions that cover all three areas of the cash conversion cycle”. Chief executive Cedric Bru says an estimated US$44tn is “locked in supply chains” at any given moment, telling GTR: “The journey we are on here is to unlock some of that working capital.” The new business line will be led by Erik Wanberg, who was appointed as head of inventory management in March this year. Wanberg was previously a managing director at Wells Fargo Capital Finance, where he headed up its supply chain finance offering.

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