Brainware and Taulia Partner to Deliver Integrated Accounts Payable and Discount Management Solutions for SAP Customers Worldwide

Intelligent Data Capture and Dynamic Discounting Pioneers Join to Provide Innovative Technologies for SAP Users

November 30, 2010, Ashburn, VA and San Francisco, CA —Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, and Taulia, creator of the Taulia Invoicement® Suite for optimized dynamic discounting, buyer-supplier collaboration and data analysis in accounts payable, have entered into a partnership to deliver an advanced solution that maximizes the return on investment on accounts payable automation within the SAP market space.

“Brainware’s intelligent capture technology is unparalleled in its ability to streamline the accounts payable process, creating opportunities for organizations to focus fewer resources on paying bills while bolstering their bottom lines and optimizing their vendor relationships,” said Markus Ament, Vice President of Products and Solutions at Taulia. “Taulia’s innovative dynamic discounting platform and vendor portal allow for leveraging these efficiency gains financially, saving large buying organizations additional millions annually.”

According to a 2010 PayStream Advisors study, one third of businesses currently aware of dynamic discounting plan to utilize this method within their operations. Furthermore, Aberdeen Group research demonstrates that the lack of visibility into invoices presents the single greatest pressure—cited by 57% of respondents to a 2010 benchmarking study—for improvements in accounts payable.

“Our joint solution allows users complete visibility into the accounts payable process, giving them the power to manage and allocate cash for maximum financial benefit,” said Colin Kaye, Vice President of Strategic Alliances at Brainware. “Supplementing Taulia’s innovative discount and portal solutions with Brainware’s data extraction agility will introduce new frontiers in financial and operational efficiency for payer and supplier alike.”

About Taulia

Taulia is a leading provider of dynamic discounting solutions and self-service vendor portals, which combined improve supplier relations and generate significant value for your AP department and company as a whole. Headquartered in San Francisco, California, with a second office in Berlin, Germany, Taulia brings to the table a deep understanding of buyer-supplier processes and leading SAP expertise. As a certified SAP Partner, Taulia builds solutions that fully exploit your SAP system’s potential, rather than bypassing SAP and creating redundant functionality. For more information please visit http://www.taulia.com.