The Blog - Part 14

The appointment of a new CMO at Taulia accompanies the posting of record results

26 Jan 2016 Posted by Pete Loughlin in News, Supply Chain Finance, Taulia

Taulia announced impressive results yesterday and at the same time named their new CMO, Barbara Holzapfel. In their press release they highlight some achievements which further confirm their leading position in the Supply Chain Finance Market which appears to be growing at a phenomenal rate. The…

no comments Read More

Tesco apologises for delayed payment to suppliers

26 Jan 2016 Posted by Pete Loughlin in Prompt Payments

To most readers, it is no surprise. Tesco, one of the UK’s largest grocery retailers deliberately delayed paying suppliers in order to improve their own financial position. We are not surprised because it is commonplace for large businesses to use their supply chain like a…

no comments Read More

We are now arriving in the digital economy – turn your watch back 40 years

26 Jan 2016 Posted by Pete Loughlin in AP Automation, e-invoicing, e-Procurement, Electronic Invoicing, Purchase to Pay

40 years ago – a little more than 40 years ago actually, the UK pound was divided into 20 shillings. Each shilling was divided into 12 pennies. There were thrupenny bits and tanners, half crowns and florins. How do I know this? Because I was…

2 comments Read More

Taulia raises a further $46 million

14 Jan 2016 Posted by Pete Loughlin in Taulia

If anyone was in any doubt that the supply chain finance market was in the doldrums today’s announcement from Taulia should confirm that that simply isn’t the case. The market is on fire. Taulia the financial supply chain company, today announced that it raised $46…

no comments Read More

André Casterman joins board of Talent Show – Supply Chain Finance

12 Jan 2016 Posted by Pete Loughlin in Financial Supply Chain Management, News, Supply Chain Finance

Trade, supply chain and payment veteran André Casterman, former managing director of corporate and supply chain markets at SWIFT, is now a board member of the corporate driven Talent Show – Supply Chain Finance. André Casterman will provide input and support to the team behind…

no comments Read More

Embracing the misuse of the expenses process

10 Jan 2016 Posted by Pete Loughlin in Coupa, Purchase to Pay, Purchase to Pay Process

A researcher at an American University received funding to study the use of tablets as an alternative to laptops in the work environment. A session was booked with a team of volunteers from a local business and a request is raised using the University’s purchasing…

2 comments Read More

KPMG and Taulia partner to help to transform financial supply chains

10 Dec 2015 Posted by Pete Loughlin in Dynamic Discounting, Supply Chain Finance

One of the challenges in making and keeping supply chains efficient is trust – trust between suppliers and buyers, between suppliers and banks and trust of solution providers’ promises. The fact is, there are many costly inefficiencies in supply chains that are sustained because of…

no comments Read More