RBS partners Taulia for dynamic discounting with e-invoicing

Monday 13 October 2014 08:41 CET | News

Financial services provider Royal Bank of Scotland (RBS) has partnered with Taulia, a US-based provider for supplier financing, to offer its corporate clients dynamic discounting with e-invoicing.

Buyers are set to be able to provide early payments to their suppliers, who would have invoiced them electronically, in exchange for a discount, the rate of which is calculated dynamically. By taking paper out of the process via e-invoicing, this facilitates early payments. 

Taulia is a SaaS platform and network for supplier financing, e-invoicing and supplier portals. Some of the brands using Taulia’s services include Coca-Cola, Consolidated, Pfizer, Pacific Gas & Electric, Hallmark, and others.

In recent news, BBVA Ventures has made an investment in Taulia.

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Keywords: RBS, Taulia, dynamic, discounting, e-invoicing, supplier financing, early payments
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

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