SAN FRANCISCO--(BUSINESS WIRE)--After two successful stints in San Francisco and Chicago, Taulia’s Working Capital Summit is set to launch in Johannesburg, South Africa for the very first time on March 11, 2020. The Working Capital Summit, hosted by The Money Show’s Bruce Whitfield will bring together some of the best and brightest minds in the financial technology business to discuss the latest in working capital finance solutions.
The Working Capital Summit will provide a forum for key business minds to showcase their expert-leading industry knowledge, network with event-goers and discover unique ways to apply this knowledge to their own businesses. A recent Working Capital Index study conducted by JP Morgan found a staggering $460bn of working capital is confined across the supply chains of the S&P 1500 companies, which highlights an incredible opportunity for businesses to unlock trapped cash and propel their business’s growth through technology and innovation solutions.
“Optimizing working capital and cash flow management is and should remain on the minds of top business leaders worldwide at large and small businesses,” said Cedric Bru - Taulia’s CEO. “An uncertain economic climate can put pressure on business leaders to manage their capital effectively and we want to assist them with unlocking trapped cash in their supply chains so they can invest in R&D, mitigate risk and propel their business growth forward. South Africa has such a pool of talent and great companies, technology is available to them to thrive - we couldn’t be more excited to come together with our partners and prospects to share our insights.”
“It’s not a secret to anyone - companies that are willing to embrace technology solutions are reaping the rewards of gaining additional liquidity trapped in their supply chains,” says Wouter Pretorius, Director at Intellection. “Working capital innovations allow companies to grow their programs at a much faster rate than ever before and this liquidity can be allocated to investment in other, much-needed areas of a business. It’s a win-win for everyone involved. The goal of this summit is to show companies how to better implement technology solutions so they can become the ultimate players in their fields.”
Featured speakers include Taulia CEO, Cedric Bru, Francois Coetzee, Treasury at Sasol and Maex Ament, Vice Chairman of Product and Technology at Greensill. For more detailed information on guest speakers and topics, please click here.
The working capital summits are an integral part of Taulia’s ongoing commitment to help businesses liberate the cash required to thrive in the digital age. Registration is free but limited.
Note for editors: Taulia is a leading provider of working capital solutions headquartered in San Francisco, California. Through a unique combination of its AI-powered 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, it liberates cash across the supply chain. A network of 1.8 million businesses use Taulia’s technology and the company processes over $500 billion every year. Taulia is trusted by over 120 of the world’s largest companies with clients including Airbus, AstraZeneca, Nissan, Telstra, the UK Government’s Crown Commercial Services and Vodafone.