Sustainability Magazine October 2022 | Page 113

“ CUSTOMERS ARE REALLY FEELING THE PRESSURE , PRIMARILY BECAUSE OF GLOBAL EVENTS IN THE LAST THREE YEARS , AND SUSTAINABILITY IS INCREASINGLY IMPORTANT FOR MOST COMPANIES AS WELL ”
“ When trading partners on the Network need to manage their cash flow , they have a solution now with Taulia that can allow for extending capital to help with the crunch that they have ,” says Rayan .
“ There are actually multiple ways we do that . With Taulia , we offer working capital management solutions that help with early payment through supply chain finance , dynamic discounting and accounts receivable finance . Receivables financing , for example , is focused on providing flexible financing opportunities for the suppliers . With supply chain financing , based on the approved invoice , you can extend credit to your suppliers and give them cash sooner than their payment terms .”
“ CUSTOMERS ARE REALLY FEELING THE PRESSURE , PRIMARILY BECAUSE OF GLOBAL EVENTS IN THE LAST THREE YEARS , AND SUSTAINABILITY IS INCREASINGLY IMPORTANT FOR MOST COMPANIES AS WELL ”
VASEE RAYAN SENIOR VICE PRESIDENT , INTELLIGENT SPEND & BUSINESS NETWORKS PRODUCT STRATEGY , SAP
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