Case Study: Pneusource Inc. gets paid in 2 days with Taulia Early Payments

Pneusource Inc. gets paid in 2 days with Taulia

Pneusource Inc., a manufacturing company and compressed air specialist, faced significant cash flow challenges as its customers extended payment terms from 30 days to 60 or 90 days. To improve its cash flow, the company sought a solution to accelerate its invoice payments and turned to its vendor, Taulia, after discovering one of its largest customers offered an Early Payment solution through them.

Taulia's solution enabled Pneusource to receive payment on invoices in just two days instead of the standard 30. By using Taulia's PO Flip to create invoices and the Cash Planner to select them for early payment, the company improved its cash flow dramatically. The measurable impact was a cost of only 2% per invoice, which was cheaper than other payment methods, and the owner reported the benefits were well worth the cost, leading to preferential treatment for that customer.

Pneusource Inc.