On the eve of Finance Symposium, Hanse Orga, a global provider of SAP-integrated finance solutions, announced a new strategic partnership with Taulia, the financial supply chain company. The alliance will enable organizations to make smarter decisions through a simple, interactive dashboard that makes recommendations on how to make better use of their cash while strengthening supplier relationships.
Taulia’s leading supplier financing and eInvoicing technology has been connected to Hanse Orga’s fully configurable FS² WorkingCapital and the FS2 CashLiquidity solution. This combines Hanse Orga’s strength in streamlining all SAP and other ERP sources and creating software solutions that provide comprehensive transparency and process optimization with Taulia’s sophisticated financial supply chain platform.
Through Hanse Orga's advanced analytics and holistic reporting capabilities, organizations can maximize the power of Taulia's flexible financing solutions, helping organizations to turn every invoice into a revenue opportunity by offering early payments in exchange for a discount. Organizations can choose to finance these payments by using either cash on hand or third-party funding while ensuring companies hit their unique business objectives from working capital optimization to discount capture maximization. Suppliers have instant access to their business information through a free, secure and intuitive self-service platform.
“Taulia’s solutions complement our finance software, which is currently used by more than 1,000 customers worldwide to enhance their finance and treasury processes,” said Kevin Grant, executive board member of Hanse Orga. “This partnership delivers seamless SAP integration, a heightened level of visibility and insight across SAP and other ERP platforms, and new opportunities for financial supply chain optimization.”
“Hanse Orga’s full-spectrum integrated tools for finance processes, reporting and analysis deliver the knowledge required for maximizing financial supply chain improvements. Customers can immediately act on them using our advanced supplier financing and eInvoicing solutions,” said Vikas Shah, VP Global Ecosystem and Partnerships of Taulia. “This partnership is a natural fit, and we see huge opportunity based on Hanse Orga’s expertise and top-tier global customer base.”
Both Hanse Orga and Taulia have a strong history of working with SAP. Upon specific request by SAP in 1999, Hanse Orga developed an innovative liquidity solution in SAP. From this successful project evolved a close long-term partnership with SAP that continues to thrive today. Since 2000, Hanse Orga has integrated its solutions into the SAP framework. Taulia has also long integrated its technologies with SAP solutions, first receiving certification for a solution interface with SAP NetWeaver in 2009 and achieving certification every year since.