US-based provider of dynamic discounting and self-service vendor portals Taulia has entered a strategic partnership with Dolphin, a provider of accounts payable, accounts receivable, order and data management for organizations using SAP solutions.
Under the terms of the agreement, Dolphin and Taulia are planning to unveil a fully integrated solution that includes discount management, vendor portal and an accounts payable automation and optimization solution for the SAP environment.
Dolphin incorporated Taulia’s hosted vendor portal and dynamic discounting capabilities into Dolphin’s Process Tracking System for Accounts Payable platform. The result is a solution aims to optimize the AP process, lower total cost of invoice processing and enable corporations to reduce total spend by taking advantage of early payment discounts.
Dolphin optimizes accounts payable processes for organizations using SAP solutions via its capture technologies, process tracking and advanced analytics. Taulia’s Invoicement Suite adds a SAP-integrated, web hosted (SaaS) vendor portal and dynamic discounting capabilities. Suppliers can thus access the vendor portal to view invoice and payment status, download purchase orders and turn purchase orders into invoices. They also can opt for earlier payment of approved invoices against additional discounts.