Taulia acquisition draws SAP into supply chain finance

SAP has brought a majority stake in Taulia, joining the supply chain finance industry.
Founded in 2009 and headquartered in San Francisco, Taulia has a revenue of US$9bn.
Headquartered in Walldorf, Germany, founded in 1972 SAP has a revenue of âŹ27bn.
Once the acquisition is finished, Taulia will perform as an independent company, with its own brand in SAP.
Liberating the supply chain, supporting buyers and suppliers
SAPâs purpose is to âhelp the world run betterâ and it does this through engineering the required solutions for clients, while supporting equality and innovation.
Over in Taulia, the businesses AI-powered platform works alongside its employees to âaccess the value tied up in the supply chainâ. Taulia moves customers along from manual and inefficient behaviour, into a style that is led by modern technology, with a vision to âCreate a world where every business thrives by enabling buyers and suppliers to choose when to pay and get paid, liberating cash across the supply chainâ.
Both businesses are pleased with the acquisition.
âTaulia strengthens our portfolio and adds value to a point that is key to every company: financial flexibility and stability,â said an SAP spokesperson. âWith that, they contribute to making supply chains more resilient. By combining the deep working capital management expertise of Taulia with SAPâs broad CFO solution portfolio and the integration into our core business software and business network solutions, we are well positioned to become a leader in working capital management. We will offer these capabilities at scale to help businesses improve their financial position and seize growth opportunities.â
âThis news is very exciting for both Taulia, our successful strategic alliance partner, and SAP as the new majority owner,â says Stuart Roberts, global head of trade and working capital at JP Morgan, which has a partnership with Taulia. âWith SAP, we expect the strategic alliance between JP Morgan and Taulia will unlock new opportunities for us to serve our clients, and to inject and redeploy liquidity to suppliers as the world continues to manage impacts from the pandemic on the global supply chain.â

