Taulia Addresses $14 Trillion Trapped in Supply Chains
Working capital pioneer brings together business leaders to explore innovations unlocking $14 trillion trapped in supply chains globally
SAN FRANCISCO, June 6, 2018 (Newswire.com) - Taulia, the global pioneer of technology-enabled working capital solutions today announced that it is hosting two working capital summits - the biggest of their kind seen in North America. The summits will bring together business leaders from Global 2000 companies to explore how the latest technology innovations in supplier financing are transforming the way companies across the supply chain free up and deploy cash.
The first of the two events will be held in NASDAQ Entrepreneurial Center in San Francisco on October 10, 2018, and the second on October 18, 2018, in the Virgin Hotel, Chicago.
“This initiative falls right in line with our mission of offering mentorship resources that fast-growing entrepreneurs can use in real-time to scale their companies,” said Nicola Corzine, Executive Director of the Nasdaq Entrepreneurial Center. “Access to mentorship and capital are probably the two biggest challenges we hear about from business leaders, so we’re expecting quite a program.”
This initiative falls right in line with our mission of offering mentorship resources that fast-growing entrepreneurs can use in real-time to scale their companies. Access to mentorship and capital are probably the two biggest challenges we hear about from business leaders, so we're expecting quite a program.
In unveiling the summits at an exclusive interview from the NASDAQ Entrepreneurial Center Cedric Bru, CEO of Taulia said “The ability of companies to access and deploy cash in the digital age will dictate who survives and who fades from sight. 70 years ago the average lifespan of a Fortune 500 company was 75 years. Today it’s just 15 years. The companies that understand how to access the cash trapped in their supply chains and put it to work to transform their business are the ones that will be the winners of tomorrow. Our goal in hosting the working capital summits is to help more companies tap into the $14 trillion in trapped cash and win in the digital age.”
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Notes to editors: Taulia delivers working capital solutions that make it easy for businesses to free up cash, accelerate payments, and improve supply chain health. Since founding in 2009, Taulia has envisioned a world where every business thrives by liberating cash. Today, Taulia's game-changing technology powers a network connecting 1.5 million businesses across 168 countries and has accelerated more than $80 billion in early payments. Using its AI-powered platform, businesses now have the option to choose when and how to pay and get paid. It sounds simple, but Taulia's painless process provides both buyers and suppliers the chance to rocket their cash - cash to fuel economic growth all over the world. It’s win-win for everybody. Taulia is headquartered in San Francisco with locations across the United States, the UK, and Europe.
Categories: Business Finance