Taulia, a market leading SaaS platform for supplier financing, recently announced its fourth quarter and fiscal 2013 results, showcasing a tripling of revenue growth and 100 percent customer renewal rate.  Other highlights included adding seven new Global 2000 customers in Q4, opening a European headquarters and winning multiple industry-recognition awards.

“We are extremely pleased with how Taulia performed in 2013, achieving a number

of significant milestones throughout the year, including record revenue, vertical market expansion and becoming an ERP-agnostic solution,” said Bertram Meyer, CEO of Taulia. “As we enter 2014, we feel well positioned to take advantage of the significant opportunities ahead of us and will remain focused on broadening our product capabilities and further expanding our offering to best meet the needs of our customers.”

Key Highlights from 2013 include:

• Taulia customer wins – Taulia had an exceptional number of new Global 2000 and Fortune 500 customers join the Taulia network with 22 new customers coming on-board in 2013 – seven of which were added in Q4.
• New vertical market growth – Taulia further expanded its vertical market reach, securing a number of customers within the Oil and Gas, Utility, Telecommunications, Retail and Automotive industries.
• Annual customer conference - Taulia held its second annual Customer Conference in October 2013, attended by over 100 industry professionals from over 30 customers from Fortune 500 and Global 2000 companies.
•  Additional product features – Taulia launched many new product developments including becoming an ERP-agnostic solution, adding a comprehensive analytics and reporting feature and expanding feature capabilities to mobile devices.
• Partnership growth - Taulia entered into numerous partnerships to strengthen solution capabilities, expand sales reach and reinforcing market validation from top industry organizations such as Coupa, TELUS, SAP and Oracle.
• European expansion – Taulia successfully raised its Series C funding led by Lakestar Partners and joined by Matrix Partners, Trinity Ventures, TELUS Ventures and DAG Ventures, which was used to drive expansion in Europe and open a European headquarters.
• Industry Recognition – Taulia received numerous prestigious industry and high technology awards including being awarded the RedHerring and White Bull award. Taulia was also named Best Global Invoice Discount Management Solution by Global Finance Magazine, Best Early Payment Discount Provider in the World by Global Business Intelligence and 2013 Best Places to Work in the Bay Area by the San Francisco Business Times.

As a sign of customer commitment to Taulia, over 10 customers have signed-on to participate in market-facing speaking events throughout the upcoming year, as well as partnering with Taulia on a global roadshow to assist in showcasing the Taulia solution and individual customer results.

Click here to view the entire Taulia press release.

To learn more about Taulia, click through to their Solution Source page.  In addition, download a complimentary copy of PayStream’s Electronic Invoice Management: A Move to the Middle report that includes a detailed Taulia profile.