Taulia’s Buyers and Suppliers go paperless thanks to CloudTrade
London, October 2017
CloudTrade, the leading provider of cloud based e-invoicing services, today announced that some of the world’s leading brands using Taulia will reap the benefits of its unique automated invoicing solution.
The integration of Taulia’s invoicing solution with CloudTrade’s e-invoicing solution is substantially reducing administration costs and drive efficiencies across the businesses, by fully automating end to end accounts payable (AP) processes.
CloudTrade now forms an important part of Taulia’s global offering, interfacing directly into Taulia via its open APIs, enabling many of the world’s leading businesses to transition to paperless invoicing.
Supplier adoption is key
Markus Ament, Taulia’s co-founder and Chief Strategy Officer, explains: “CloudTrade offers an e-invoicing service that removes the barriers typically associated with supplier adoption. Their solution allows us to integrate suppliers who are using structured PDF documents today and have the desire to submit them via Taulia to their buyers. This enables global business and their suppliers to align their commercial objectives to eliminate process inefficiencies, connect with their suppliers, build strong, mutually beneficial relationships, and to free up cash.”
Richard Manson, CloudTrade’s co- founder and Commercial Director, says: “The key to success is to achieve high on-boarding rates and to on-board suppliers as quickly as possible. CloudTrade solves that problem with our unique approach to e-invoicing.
“Rather than making suppliers change their technology and processes, or duplicate the creation of their invoices, they can simply create a PDF version of their invoice, email it over to us and our technology maps the data directly into Taulia’s accounting system”.