Loader

Taulia experience center

SUPPLIER SUPPORT SERVICES

What are suppliers currently asking Taulia?

TAULIA SUCCESS GUIDE

New to Taulia? There’s a guide for that! Let us guide you so you can quickly get started.

GET PAID EARLY

Finding capital for your business shouldn’t be complicated.Join the thousands of business who use Taulia to get paid early on their invoices.

I would like to:

What is Taulia

We are a technology company dedicated to helping simplify business transactions and increase cash flow through an easy to use platform.

Support Policies

Taulia Support and the entire Technical Services team is dedicated in helping you succeed. To do that, we have policies in place to show our unwavering commitment to you. Take a moment to read through our support policies to learn more.

We’re here when you need us.
Contact Support

Home /

Support Topic

Vodafone - Supply Chain Financing Information (SCF): 000003550

Article Number: 000003550

Vodafone Supply Chain Financing

 

Frequently Asked Questions

Q. Why should I participate in Vodafone’s Supply Chain Financing (SCF) program? 

Benefits include:

•       Web delivery – 24/7 visibility through the Taulia portal, a FREE web-based application with many self-service features including the ability to view/download invoice and payment details.

•       Enrollment – The onboarding process is simple, direct and only takes a few minutes to complete.  There is NO complicated, time-consuming financial review process.

•       Lower financing costs – Access working capital at much lower rates than you are likely to receive under traditional factoring or borrowing arrangements.

•       Increased liquidity – Avoid the need to use your often limited or costly bank lines, freeing up borrowing capacity with your lenders.

•       Improved A/R risk & Balance Sheet – Off-balance sheet liquidity (Non-recourse payments) allow you to manage your accounts receivable concentrations and internal credit limits while improving your balance sheet position. 

•       Improves cash flow forecasting – “On-demand” access to monetize your receivables

•       Flexibility – Suppliers can elect to sell their receivables, or not, however they choose

•       Speed – Discounts are a simple point-and-click process and funds are received within a couple of days

 

 

Q. How does it work?

  1. Taulia is integrated with Vodafone’s ERP
  2. The supplier registers on the Taulia portal
  3. Vodafone approves the invoices in their ERP
  4. Approved invoices are transmitted to the Taulia portal that then checks the supplier profile to verify if they are a participating supplier. If yes, the payment is made to the supplier bank account stored in Vodafone’s ERP.
  5. Full remittance information is provided online to the supplier and an email is sent confirming a payment was made.
  6. Taulia sends confirmation of the payment to Vodafone’s ERP

 

 

Q. If I join the program do I need to send my invoices to Taulia?

No - There is no change to the current process. You will continue to send invoices to Vodafone for approval as you currently do.

 

Q. Do I need to set up a new bank account with Taulia?

No – There is no need to open a new bank account. You will receive payment into the same nominated account as you currently do.

 

Q. Who should I contact if I do not see my invoice on the platform?

If you invoice does not appear on the Taulia Platform, the likelihood is it has not yet been approved. Therefore we suggest you contact your Vodafone representative through the usual channels to seek clarity on the status of the invoice. 

 

Q. If the invoice appears on the Taulia platform but I do not see the funds in my account, what should I do?

Firstly ensure that you have selected the invoice for early payment via the platform. If the invoice has been selected and you still do not see the funds, please contact Taulia Support. EUR payments should reach you in 1-2 business days. GBP, USD and other currencies can take 2-3 business days.

 

Q. What does non-recourse payment mean?

When Vodafone approve an invoice and you select it for early payment, once you receive the funds into your account, Taulia has no legal right to claim these funds back at a later date (even in the unlikely event of non-payment of Vodafone to Taulia on the original invoice). Therefore, helping mitigate your risk as a supplier.

Also as the payments are non-resource, they are not classified as Debt on your balance sheet, thus strengthening your company’s financial position.    

 

 Q. What is Libor and does the rate change?

Libor is the benchmark rate that some of the world's leading banks charge each other for short-term loans. The rate fluctuates marginally on a daily basis, but reflects the general cost of borrowing in the market. 

    1. Taulia is integrated with Vodafone’s ERP
    2. The supplier registers on the Taulia portal
    3. Vodafone approves the invoices in their ERP
    4. Approved invoices are transmitted to the Taulia portal that then checks the supplier profile to verify if they are a participating supplier. If yes, the payment is made to the supplier bank account stored in Vodafone’s ERP.
    5. Full remittance information is provided online to the supplier and an email is sent confirming a payment was made.
    6. Taulia sends confirmation of the payment to Vodafone’s ERP

 


Was this article helpful?

   

TAULIA SUCCESS GUIDE

New to Taulia? There’s a guide for that! Let us guide you so you can quickly get started.

TOP FREQUENTLY ASKED QUESTIONS

Q. How do I add or deactivate users?: 000003731

You can manage your account users in the portal and provide different levels of access.

Q. How do I add or update my bank account/information?: 000003497

Manage your bank information through the portal!

Q. How do I update my company name?: 000003500

Q. How do I update my company name?

Q. How do I update my company/remit/shipment address?: 000003169

Information on how to update your address data.

Q. How do I start/stop receiving email notifications?: 000003472

Use the email notification settings feature to manage your email notifications.

Q. How do I change my Taulia account's email address?: 000003383

You can update the email address that you use to access Taulia.

Still can’t find what you’re looking for?

Still can’t find what you’re looking for?

Important Message
Got It