SAP is to buy working capital fintech Taulia for an undisclosed sum. In a statement, SAP said the move would, ‘Expand SAP’s Business Network and strengthen SAP’s solutions for the CFO office.’
The Working Capital Forum has launched a research project aimed at analysing the state of automation in account payable (AP) departments in global businesses.
The AP Initiative starts with a survey of several hundred AP and shared services directors to understand which stages in the AP process are causing the most friction and which would most benefit from further automation or digitisation.
This survey, supported by Taulia, is now open to responses.