The company’s Invoicement Suite provides dynamic discounting and a supplier portal for companies, allowing them to use payment terms and on-demand payment acceleration for their suppliers, in return for additional discounts. Taulia’s Supplier Portal provides suppliers with the option to accelerate invoice payment on-demand, eliminating the need for receivable financing or credit card borrowing.
In August 2011, Taulia raised USD 8.5 million in a Series B funding round which brought the company’s total funding to USD 12 million.
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