At SAP TechEd 2012, Taulia was featured in Vishal Sikka’s keynote as the first SAP HANA startup live in production on AWS (Amazon Web Services). But what problem do they solve for customers? And is there something SAP HANA can do for them that other solutions can’t?
To find out, Dennis took a trip to Taulia world headquarters in San Francisco and came back with this video. Joe Hyland, Senior Director of Marketing for Taulia, gives the lowdown on CloudFinance and how the solution can make big businesses more profitable via the automation of discount capture. Markus (Max) Ament, Chief Product Officer, chimes in during the second half of the shoot to provide more context on why reinventing discounting means big data. Screen shots are included.
:40 How big businesses can be more profitable by automating discount capture
1:15 Detecting invoices that can be paid early at a discount – if the supplier is hungry for cash and eligible for early payment
1:50 A company’s most critical asset is its suppliers – why not get better returns on your money versus T-bills?
3:40 Where HANA fits in – screening thousands of suppliers and millions of invoices means big data
4:00 A cloud based solution – live on AWS
Disclosure: This video is part of a project commissioned by SAP to amplify startup activity and developer innovation on HANA, mobile, and the SAP cloud.