SAP to acquire majority stake in working capital specialist Taulia, adding to SAP’s offering for CFOs

Hot on the heels of Tuesday’s SAP-Icertis deal in the CLM market, today Germany-based SAP announced its intention to acquire a majority stake in Taulia, a provider of working capital management solutions.

“The move is aimed at giving companies better access to liquidity and improving their cash flows,” the SAP press release states. “The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of Taulia, SAP CFO Luka Mucic will become Chairman of the Board.”

Taulia delivers working capital solutions that make it easy for businesses to free up cash, accelerate payments and improve supply chain health. Taulia describes its technology as powering  a network that connects 2 million businesses across 168 countries, processing more than $510 billion in spend last year.

Brands using Taulia’s solution include Airbus, Rio Tinto, AstraZeneca, the UK government and many other Fortune 500 companies from various industries. It has also built a strong ecosystem of financial partners providing the necessary funding, including J.P. Morgan, UniCredit and other high-profile banks. Taulia is headquartered in San Francisco with various offices located across the United States, Europe and Asia Pacific.

It has been an SAP partner for some time, with integration into SAP solutions.

SAP CFO Luka Mucic said Taulia boosts the SAP portfolio and its solution offers customers financial flexibility and stability, helping to make supply chains more resilient.

“By combining the deep working capital management expertise of Taulia with SAP’s broad CFO solution portfolio and the integration into our core business software and Business Network solutions, we are well positioned to become a leader in working capital management,” Mucic said. “We will offer these capabilities at scale to help businesses improve their financial position and seize growth opportunities.”

Taulia CEO Cédric Bru said he’s happy to be joining SAP and helping with its vision.

“Cash is the oxygen businesses need to breathe during challenging economic cycles and growth sprints,” Bru said. “Coming together with SAP will help accelerate Taulia’s mission of helping businesses thrive by unlocking liquidity trapped in supply chains.”

Spend Matters’ SolutionMap provides scoring and ranks the solutions from SAP and Taulia, which appears in the AP Automation/I2P category. In two of the three market personas (Mid and Large enterprises), it gets high marks for technical capabilities and customer satisfaction. SAP competes in the suite category of Source-to-Pay, as well as other individual SolutionMap categories.

Also, SAP and Taulia both appear on our “50 Procurement Providers to Know” list.

Look for the Spend Matters PRO rapid analysis on this deal from our analysts here.

Spend Matters has covered both firms for years, including this PRO analyst coverage:

Taulia

• Taulia: Vendor Analysis (Part 1) — Background, Solution Overview, Tech Selection Tips [PRO]
• Taulia: Vendor Analysis (Part 2) — Strengths and Weaknesses [PRO]
• Taulia: Vendor Analysis (Part 3) — SWOT, Competitor Comparisons, Tech Selection Tips [PRO]
• Taulia: What Makes It Great (Invoice-to-Pay SolutionMap Analysis) [PRO]
• Taulia’s Crossroads: Both Directions Lead to Good Places (We Think!) — Part 1 [PRO]
• Partnerships, SCF+ and More: Taulia’s Crossroads (Part 2) [PRO]
• A Management Consulting and Systems Integrator Evolution — KPMG and Taulia as Archetype for a New Partnering Model [PRO]

SAP

• SAP Ariba vs Coupa: Invoice-to-Pay head-to-head technology evaluation and comparison [PRO]
• GEP vs SAP Ariba: E-Procurement head-to-head technology evaluation and comparison [PRO]
• SAP Ariba: Procure-to-Pay Vendor Analysis (Part 1) — Company background, P2P solution overview, SWOT, competitors/market analysis [PRO]
• SAP Ariba: Procure-to-Pay Vendor Analysis (Part 2) — P2P product strengths and weaknesses, tech selection tips [PRO]
• SAP Ariba: Procure-to-Pay Vendor Analysis (Part 3) — In-depth P2P solution details, analyst summary [PRO]
• What’s going on at SAP Ariba (sorry, I mean SAP Intelligent Spend Group)? [PRO]