More NewsReadSoft and Taulia Partner on Dynamic Discounting Solution

ReadSoft and Taulia Partner on Dynamic Discounting Solution

Taulia and ReadSoft have partnered to create an end-to-end offering combining Taulia’s dynamic discounting platform with ReadSoft’s Invoice Cockpit, a global accounts payable (A/P) automation solution for SAP clients.

With Taulia Invoicement Suite major corporations can offer their suppliers earlier payment of approved invoices against additional discounts – risk-free and without additional manual effort. The discounts are typically calculated on a sliding scale – the earlier the payment the higher the discounts. As a result, suppliers receive their payments quicker while large buyers receive attractive early payment discounts on a much larger portion of their annual spend.

“Our clients have been demanding solutions for dynamic discounting and early payment discounts and we are thrilled to deliver what they need,” said Bob Fresneda, president of ReadSoft. “The alliance with Taulia just makes good business sense: their leading-edge solution can tightly integrate with ReadSoft’s and business-wise is natural extension to our offering that brings additional savings potential to our clients. We are now actively marketing Taulia’s Invoicement Suite to new and existing SAP clients, particularly in North America.”

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