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Latest Supplier Sentiment Survey by Taulia Finds 62% of Suppliers Now Looking for Early Payment – up From 54% In 2016

Latest Supplier Sentiment Survey by Taulia Finds 62% of Suppliers Now Looking for Early Payment – up From 54% In 2016

New supplier survey identifies cash flow gaps and payment predictability as
the top reasons for wanting to be paid early

● A supplier survey conducted by Taulia found 62% of suppliers are interested
in early payment.

● 39% of suppliers are paid late by their customers.

● 95% rated Taulia positively for usability.

● Almost 20,000 suppliers responded to the survey globally

Business Wire

SAN FRANCISCO — June 27, 2019

Over 62% of suppliers are interested in receiving early payment from their
customers, up from 54% in 2016, according to a new supplier survey by leading
working capital solutions provider Taulia.

The survey, which was conducted in Q4 2018, gauged the views of over 18,500
suppliers on the Taulia network. Suppliers – ranging from large multinationals
to small SMEs – were asked about a range of topics, from early payments to
working capital challenges.

Among the findings were some insights into why suppliers would choose to
access early payments. The top reasons cited by suppliers included covering
cash flow gaps (43%), achieving payment predictability (26%) and meeting
working capital needs (21%). Suppliers also cited that they take early
payments in order to reduce their DSO and to meet their seasonal cash target.
In comparison, only 2% were motivated by the prospect of accessing favorable

However, despite the scale of interest in early payments, 39% of suppliers
said they are currently paid late by their customers. “This underlines the
considerable opportunity for early payment programs to provide suppliers with
much-needed working capital support, while tackling the issue of late
payments,” said Bob Glotfelty, Vice President of Customer Success.

The survey also asked suppliers about their experience of using Taulia. Around
95% rated Taulia as very positive, positive or neutral for usability.
Suppliers also noted specific benefits such as the platform’s ease of use,
timeliness of payments and the ability to receive appropriate statements and

“In today’s competitive environment, businesses need cash more than ever –
particularly in light of the ongoing uncertainty around issues such as Brexit
and the US-China trade war,” said Cedric Bru, CEO of Taulia. “Early payment
programs like Taulia’s enable all businesses along their supply chain to
improve their own working capital.”

To read the full survey, https://taulia.com/2019-supplier-survey/

Note to editors:

Taulia delivers working capital solutions that make it easy for businesses to
free up cash, accelerate payments and improve supply chain health.

Since its foundation in 2009, Taulia has envisioned a world where every
business can thrive by liberating cash using our state of the art platform.
Today our team of financial game changers have built a network connecting 1.6
million businesses across 168 countries and has accelerated more than $90
billion in early payments.

Taulia is headquartered in San Francisco with locations across the United
States, Europe and Asia Pacific.

View source version on businesswire.com:


Juhie Kapoor
Director of Content and Communications
[email protected]

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