SAP Taulia Welcomes LBBW to its Funder Network

SAP Taulia, a leading provider of working capital management solutions, today announced LBBW, one of Germany’s largest banks, has joined its global multi-funder network.

LBBW is the most recent to join a growing pool of funders available to SAP Taulia’s global customers, following Credit Agricole, Bank of China London Branch and BNP Paribas in 2024. 

SAP Taulia’s multi-funder approach enhances business resilience by offering access to a broader and more diverse range of funding sources, tailored to various currencies, regions, company sizes, and credit profiles. This diversification strengthens liquidity and supports financial stability. Combined with SAP Taulia’s leading-edge technology, featuring seamless ERP integration for greater scalability and efficiency, it enables businesses to accelerate cash flows and optimize working capital.

Thomas Mehlkopf, Head of Working Capital Management CoE and General Manager, SAP Taulia, comments: “Bringing LBBW into SAP Taulia’s global multi-funder network represents a powerful stride toward reshaping the future of working capital. Together, we aim to empower businesses to unlock liquidity, strengthen supply chains, and thrive in an ever-evolving economic landscape. This agreement also further strengthens our reach in the German market, supporting our mission to unlock the liquidity trapped in supply chains and help businesses navigate marketing conditions while continuing to grow.”

Enrico Miketta, Head of Corporate Finance Origination, at LBBW comments: “For LBBW, this partnership is part of our strategic focus on innovation and an important milestone in the continued development of our Working Capital Management Solutions business. As a strong international partner, SAP Taulia adds valuable expertise to our network and underscores our commitment to innovative solutions and customer-centricity in a global market environment. By joining forces, we aim to create significant added value for our customers, enabling them to optimize their financial processes and strengthen their supply chains.”