Data exchange at the press of a button – with teamwork between TIS & TIP

Heidelberger Druckmaschinen AG has for many years been an important supplier and reliable partner to the global printing industry in the areas of equipment, services and consumables. In total, around 11,500 personnel work for Heidelberg, of which around a third in the global sales and service network. More than 85 percent of the company’s revenues, most recently amounting to € 2.5 billion, are generated abroad.

The group-wide financial status and FX-differentiated cash flow forecasting of Heidelberger have been relying on TIP since 2004 to avoid multiple manual inputs of data and to generating more flexible reports in shorter time periods. The guarantee management module followed in 2005. The corporate treasury department prepares both analytical reports as well as reports for subsidiaries on the basis of SAP BusinessObjects. Payments at Heidelberger are managed via TIS. In the course of the upgrade to TIP 3.1, the aim was also to establish integration with TIS. The primary objective was to automate as many processes as possible associated with the management of financial status positions in order to become even more efficient and further increase reliability.