CA-TAULIA
Over 60% of businesses are more interested in requesting early payment (62%) and automating invoice processing (66%) as a result of the COVID-19 pandemic, according to a report conducted by working capital technology solutions leader, Taulia. The global report unlocks key insights into supplier behavior due to the impact of COVID-19, with main themes being: a shift in working practices, a decrease in business demand, and an increase in the automation of financial processes.
The survey which was conducted over a two-week period in June 2020 collected the views and insights of over 9,000 global respondents, with the majority (55%) of respondents coming from businesses with less than USD $10 million in revenue. Respondents were asked questions about how COVID-19 has impacted their business and how their behavior has changed as a result of the pandemic.
The report found that businesses are adapting to the current environment in numerous ways, with many respondents (78%) stating they have seen a change in their customers’ working practices. This change is reflected in their own work environment, with 41% of respondents saying they will now allow staff to work from home. Respondents also noted that there has been an increase in receiving late payments (43%) and a general decrease in business demand (56%), which means managing cash flow and injecting liquidity into the business has never been more important.
“COVID-19 has disrupted the entire business world and we want to do whatever we can to help businesses, small and large, to remain operational and competitive. As a result of COVID-19, we have seen a tremendous increase in early payment requests and demand for solutions to help manage financial processes electronically. The report sheds light on current business attitudes and behavior, which we hope to use to fuel more innovation to help our customers succeed,” states Cedric Bru, CEO, Taulia.
The full COVID-19: Effects on your business report can be viewed here .
About Taulia
Taulia is a leading provider of working capital technology solutions headquartered in San Francisco, California. Through a unique combination of its technology platform, people and process, Taulia helps companies access the value tied up in their supply chain by transitioning from inefficient and often manual working capital management practices into technology-led, working capital optimization strategies. Taulia’s vision is to create a world where every business thrives by enabling buyers and suppliers to choose when to pay and get paid. A network of 2 million businesses use Taulia’s technology and the company processes over $500 billion every year. Taulia is trusted by the world’s largest companies including Airbus, AstraZeneca, Nissan and Vodafone. For more information, please visit www.taulia.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20200811005097/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
PPG introduces PPG MIX‘N’SHAKE automated stirring technology for body shops14.10.2025 08:30:00 CEST | Press release
System improves productivity, reduces waste, enhances color accuracy PPG (NYSE: PPG) today announced the introduction of PPG MIX‘N’SHAKE™ automated stirring technology designed to eliminate traditional manual stirring methods in the automotive refinish industry. The system, which is available globally, improves paint mix consistency, reduces consumable waste and saves time for painters and body shops. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013065453/en/ PPG MIX’N’SHAKE™ automated stirring technology replaces manual stirring processes to ensure a homogenized paint mix, complete color accuracy, and a better workplace. The PPG Mix‘n’Shake system will debut at the EQUIP AUTO trade show in Paris taking place Oct. 14-18. PPG will also showcase its PPG LINQ™ digital ecosystem, which is a finalist for the prestigious EQUIP AUTO Innovation Award. Because the PPG Mix‘n’Shake system eliminates manual stirring, it ensures con
Glesys to Acquire Verne’s Managed Private Cloud Operations and Two Data Centers in Finland14.10.2025 08:00:00 CEST | Press release
Verne, the leading provider of low-carbon high-performance data centers across the Nordics, has today announced that Glesys, a leading Nordic provider of cloud and IaaS services, will acquire Verne’s managed private cloud operations in Finland, including data center facilities in Pori and Tampere. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251006898290/en/ Pori Data Center Tunnel Corridor The agreement reflects both companies’ strategic priorities: for Glesys, it represents an important step in expanding its cloud and IaaS services, strengthening its position as a market leader in the Nordics and enhancing its capacity to deliver secure, energy-efficient and scalable solutions in the region. For Verne, it supports a sharpened focus on delivering low-carbon, high-performance colocation for AI and enterprise workloads, including its expansion plans in Mäntsälä, announced earlier this year. Glesys and Verne will continue to
Avanzanite Expands Italian Operations with General Manager Appointment14.10.2025 07:30:00 CEST | Press release
Giovanni Galliano joins Avanzanite having led 12 orphan medicine launches in Italy and overseen operations with more than €100 million in annual revenue. Avanzanite initiates engagement with the Italian rare blood disorder community who include the largest number of thalassemia patients in Europe. Avanzanite’s Q3 2025 revenues are 20% higher than Q2 2025, marking the strongest quarter to date. Avanzanite Bioscience B.V., a rapidly growing commercial-stage European specialty pharmaceutical company focused on rare diseases, announced today the appointment of Giovanni Galliano as General Manager for Italy. As the seventh executive leadership hire in 2025, this appointment further strengthens Avanzanite’s “Champions League” team of now more than 60 pharma professionals, while expanding operations into the European Union's third-largest economy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013986565/en/ Giovanni Galliano, th
The Estée Lauder Companies Opens Global Fragrance Atelier in Paris, Accelerating Next-Generation Innovation in Perfume Artistry14.10.2025 07:00:00 CEST | Press release
The Estée Lauder Companies Inc. (NYSE:EL), under the High Patronage of Mr. Emmanuel Macron, President of the French Republic,today announced the opening of its Fragrance Atelier within its new La Maison des Parfums on Rue Volney in Paris. This newly established global innovation hub is fully dedicated to world-class fragrance expertise, advanced technologies and cutting-edge capabilities, and will accelerate the company’s strategic ambitions in luxury and prestige fragrances. Rooted in the legacy of Mrs. Estée Lauder’s pioneering vision and her lifelong passion for fragrance, the Atelier’s opening marks a significant milestone in the company’s longstanding commitment to fragrance excellence and craftsmanship. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013447078/en/ The Exterior of La Maison des Parfums “It is with great pride and excitement that we open our Fragrance Atelier in Paris,” said Stéphane de La Faverie, Pre
Ant International’s WorldFirst Launches in Thailand to Offer Unified Global Account Service for Thai SMEs14.10.2025 06:43:00 CEST | Press release
WorldFirst has officially launched in Thailand through the partnership with 2C2P, offering Thai SMEs the innovative unified global account service to simplify international transactions and fuel expansion.The Thai launch expands WorldFirst’s investment in Asia Pacific where its services are available to support businesses in China, Hong Kong SAR, Australia, New Zealand and Singapore. Ant International’s WorldFirst, an all-in-one digital cross-border payment and treasury account service for global businesses, announced the official launch in Thailand at its Bangkok Global Voyage event. It will provide Thai SMEs with efficient and secure global account service to simplify international payments and fuel their expansion. The offerings are delivered through the partnership with 2C2P and its subsidiary 2C2P Plus, a Southeast Asia-based payments provider licensed by the Bank of Thailand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/hom
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom