Taulia publishes definitive guide to working capital success
Today sees the launch of the Gamechanger’s Guide to Working Capital Optimization. The guide has been written to help those responsible for transforming their company’s cash position, and it includes advice from Vodafone and AstraZeneca, as well as advisory firm, Ernst & Young.
Pioneering fintech company, Taulia releases game-changing working capital blueprint to enable companies to fund transformation.
SAN FRANCISCO, September 6, 2018 (Newswire.com) – Taulia is excited to announce the publication of the Gamechanger’s Guide to Working Capital Optimization. This definitive guide has been specifically written to help those responsible for transforming their company’s cash position to achieve success by drawing on the experience of leading practitioners.
In the digital age, companies are looking to their supply chains to provide the much-needed cash to fund transformation to be ready for an unpredictable future. Yet, with as much as $14 trillion still trapped in supply chains globally, traditional tools and techniques have failed to achieve the required outcomes.
Drawing on its experience, Taulia brought together leading working capital practitioners from companies including Vodafone and AstraZeneca, and advisory firm, Ernst & Young. Together, we have created a step-by-step guide that has been designed to give those responsible for transforming their company’s working capital position an insider’s ‘bible’ to finally unlock this much-needed cash.
The need for cash isn’t new. But if companies are to survive in the digital age they need a game-changing approach to cash optimization in their business. We created that approach for AstraZeneca, funding much-needed new drug R&D. In contributing to this guide I wanted to give others the opportunity to benefit from our experience and apply it to their own business.
Andrew Wilson
Working Capital Advisor
As leading practitioner and former head of working capital at AstraZeneca, Andrew Wilson said, “The need for cash isn’t new. But if companies are to survive in the digital age they need a game-changing approach to cash optimization in their business. We created that approach for AstraZeneca, funding much-needed new drug R&D. In contributing to this guide I wanted to give others the opportunity to benefit from our experience and apply it to their own business.”
“There are some really innovative practices now being employed by companies to free up much-needed cash to fuel investment,” said Matthew Stammers, Taulia’s Head of Marketing. “We wanted to give everyone responsible for working capital the opportunity to learn about this and we set out to pull it together in a definitive, step-by-step guide, which we’re delighted to now be launching.”
About Taulia
Taulia is a fintech provider of working capital management solutions headquartered in San Francisco, California. Taulia helps companies access value tied up in their payables, receivables, and inventory. Taulia’s platform and network of more than 3 million businesses enables customers to execute their working capital strategies, support their suppliers with early payment, and contribute to building sustainable supply chains. Taulia processes more than $500 billion each year and is trusted by the world’s largest companies, including Airbus, AstraZeneca, and Nissan. In March 2022, Taulia became part of SAP. For more information, please visit taulia.com.