Wednesday 28th May, 2014

Top Image Systems and Taulia have announced a worldwide strategic partnership outlining that both companies will resell each other's financial process improvement solutions to each company's respective installed base, as well as to new customers.

The first joint customer, Europe's largest international bottler, will integrate Taulia's financial solutions to optimise working capital in its financial supply chain, after already achieving cost savings of more than 1 million Euros with TIS’s Invoice solution for SAP. The bottler is now further enabled to improve supplier relationships and reduce supply chain costs through dynamic discounting.

Both TIS and Taulia will go to market together with a joint cloud solution, offering automated supplier invoice processing solutions and dynamic discounting, as well as supplier self-services such as electronic invoicing and supplier information management. The joint solutions leverage fully automated data interchange with ERP systems like SAP, Workday, and Oracle E-Business Suite.

"Through our joint solution, enterprises can manage financial processes more efficiently while optimising the financial supply chain." said Markus Ament, Chief Product Officer at Taulia.