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SAP Taulia transforms supply chain finance for Saudi Electricity Company

Thursday, February 26, 2026 — 17:05:40 (UTC)

SAP Taulia Delivers Landmark Supply Chain Finance Transformation for Saudi Electricity Company (SEC)

SAN FRANCISCO, CALIFORNIA, 26 February 2026: SAP Taulia, a global fintech leader of working capital solutions, today announced the successful launch of a pioneering Supply Chain Finance (SCF) program for the Saudi Electricity Company (SEC). This transformation marks a major step in SEC's treasury technology overhaul, delivering a fully Shariah-compliant and technology-led solution. This solution has been developed through a strategic partnership with Manafa, a leading digital lending platform in the Kingdom, and is designed to significantly enhance working capital optimization and strengthen supply chain resilience across Saudi Arabia.

The program’s success is anchored by the deployment of SAP Taulia's advanced technical solution, featuring two core achievements: Direct financing partner integration and a program deeply embedded within SEC’s existing SAP ERP environment. This is complemented by Manafa’s proprietary digital lending and API-driven infrastructure, which enables seamless onboarding, real-time risk assessment, and scalable funder connectivity.

Moving beyond traditional single-bank relationships, SEC is provided with access to multiple financing partners by direct integration. This is crucial for strengthening the resilience of SEC’s vital supply chain by facilitating a competitive and robust funding environment. In addition, the deep SAP ERP integration achieves unparalleled automation and operational efficiency by fully digitizing the end-to-end flow of invoice data, from approval to payment. This dramatically reduces administrative effort, allowing SEC's treasury team to shift focus from transactional tasks to strategic financial management.

“We’re immensely proud of the technological sophistication achieved here and, more importantly, how it will help SEC achieve its working capital goals as it supports the Kingdom's rapid growth and Vision 2030 goals. By deeply integrating our payables solutions within existing business systems and flows, we’ve ensured SEC can gain crucial agility and control over their liquidity management without affecting operations,” said Chris Garrison, Head of Payables Finance, SAP Taulia. “This implementation masterfully navigated regional complexities to deliver a scalable, Shariah-compliant solution that sets a new benchmark for treasury practice in the region and beyond.”

The achievement was made possible through a unique, landmark collaboration between the SEC, global fintech SAP Taulia, and a Saudi leading digital finance platform, Manafa. This collaboration aligns SEC's corporate treasury goals with Saudi Arabia’s economic development objectives by providing SEC's vast supplier base with flexible, competitive, and Shariah-compliant early payment options based on SEC's strong credit rating. For suppliers, the program offers 24/7 visibility and enhanced cash flow, directly supporting the stability of the supply chain.

ENDS

Media Contacts Lizzie Murray, Vested taulia@fullyvested.com

About SAP Taulia:

SAP Taulia, a global fintech leader, delivers AI-powered working capital solutions that unlock liquidity and drive supply chain resilience. With a global network of 40+ funding partners and over $990 billion in annual transaction volumes, SAP Taulia offers the most comprehensive set of working capital management tools in the industry - seamlessly embedded into SAP’s Business Suite. Trusted by global leaders like Airbus, Red Bull, T-Mobile, and Bridgestone, SAP Taulia’s reliable and innovative platform empowers businesses to accelerate cash flow and unlock growth opportunities at scale. Experience the future of finance with SAP Taulia: taulia.com/.

About Saudi Electricity Company

Saudi Electricity Company plays a vital role by supplying the Kingdom with energy according to the highest reliability standards. The company is considered the primary source of electricity in the Kingdom. The major shareholders are the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and 6.9% stake respectively. SEC strives to meet the needs and expectations of the shareholders. We protect their rights, facilitate their accessibility to information, and improve the communication channels, as we also encourage investing in investment portfolios. www.se.com.sa/

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Source: Company press release.

Categories: Partnership