Spend Matters-How to inspire a cash flow revolution: Insights from Taulia’s Working Capital Summit

SpendMatters

The increasing pace of commerce and relentless disruption from new technologies are changing the game for how businesses approach working capital. Improving access to cash is no longer a nice-to-have benefit; going forward, optimized working capital may very well be essential to business survival.

At the event, Taulia shared some recent successes it has had with other clients:

  • AstraZeneca funded $600 million in new drug innovations directly from cash liberation through its SCF program.
  • Airgas streamlined its P2P process by automating more than 600,000 invoices annually.
  • Australian telecom giant Telstra improved its DPO metrics by 29 days, releasing about $350 million from the balance sheet.