What’s new at TIPCO?

  • December 10, 2018
    TIPCO

    Our development team
    is looking for you

    TIPCO career

    What we do:

    At TIPCO, we are experts in Treasury digitalisation. Our web-based Treasury Information Platform TIP leverages data from various source systems, supplements these with information provided by local subsidiaries and offers a comprehensive toolbox for data analysis and reporting. By combining IT-skills with many years of treasury expertise, we have made TIP the solution of choice for some of the leading companies in Europe across various industries. More than 120 clients trust in TIP and in our ability to provide market-leading treasury innovation.

     

    What you can expect:

    We attach particular importance to teamwork because we believe that an excellent working environment is the key to excellent work. We are proud of our employees as every one of them is the basis for the satisfaction of our clients and the success of TIP. We encourage further education and training and we are willing to give professional newcomers and lateral entrants a chance to discover the world at the interface of treasury and technology.

     

    We are looking for software developer and software tester:

    Senior Software EntwicklerInApplikationsbetreuerIn
    Please, note: Our job ads are in German as you need to speak our corporate language fluently.
    Find more TIPCO jobs at karriere.at.

     

     

  • December 10, 2018
    TIPCO

    We look for recruitment for our Back Office

    TIPCO career

    What we do:

    Our web-based Treasury Information Platform TIP leverages data from various source systems, supplements these with information provided by local subsidiaries and offers a comprehensive toolbox for data analysis and reporting. By combining IT-skills with many years of treasury expertise, we have made TIP the solution of choice for some of the leading companies in Europe across various industries. More than 120 clients trust in TIP and in our ability to provide market-leading treasury innovation. TIPCO currently employs around 50 staff members.

     

    What you can expect:

    We attach particular importance to teamwork because we believe that an excellent working environment is the key to excellent work. We are proud of our employees as every one of them is the basis for the satisfaction of our clients and the success of TIP. We encourage further education and training and we are willing to give professional newcomers and lateral entrants a chance to discover the world at the interface of treasury and technology.

     

    We are looking for:

    Back Office MitarbeiterIn

    Please, note: Our job ads are in German as you need to speak our corporate language fluently.
    Find more TIPCO jobs at karriere.at.

  • December 10, 2018
    TIPCO

    We look for recruitment – Jobs in the IT industry

    TIPCO career

    What we do:

    At TIPCO, we are experts in Treasury digitalisation. Our web-based Treasury Information Platform TIP leverages data from various source systems, supplements these with information provided by local subsidiaries and offers a comprehensive toolbox for data analysis and reporting. By combining IT-skills with many years of treasury expertise, we have made TIP the solution of choice for some of the leading companies in Europe across various industries. More than 120 clients trust in TIP and in our ability to provide market-leading treasury innovation.

     

    What you can expect:

    We attach particular importance to teamwork because we believe that an excellent working environment is the key to excellent work. We are proud of our employees as every one of them is the basis for the satisfaction of our clients and the success of TIP. We encourage further education and training and we are willing to give professional newcomers and lateral entrants a chance to discover the world at the interface of treasury and technology.

     

    We are looking for:

    Customer Suppport EngineerJunior Solution Engineer

    Please, note: Our job ads are in German as you need to speak our corporate language fluently.
    Find more TIPCO jobs at karriere.at.

  • November 28, 2018
    Events

    Webinar Cash Flow Forecasting
    on 6 December – Register now!

    Making your cash flow forecasting as automated and smart as it gets.

    This webinar shows you how cash flow forecasting can learn from your historical data, rely on existing data in your systems and combine both to deliver dependable cash flow forecasts. We will also show you how user friendliness and immediate responses on the quality of cash flow forecasts can also win over your subsidiaries. This not only improves the quality of forecasting but also your contacts with subsidiaries.

    SPEAKER
    Gerald Dorrer (Senior Project Manager)
    Hubert Rappold (Managing Director)

     

    Cash Flow Forecasting Webinar

    Liquiditätsplanung Webinar

    Cash Flow Forecasting Article

    Free Your Data webinars

     

     

  • November 27, 2018
    Articles

    Cash Flow Forecasting
    More than just safeguarding liquidity

    Liquiditätsplanung Artikel

    Buuton_Webinaranmeldung_CFF_EN

    “We don’t need cash flow forecasting” – statements like this are frequently heard at companies with significant cash reserves. They mainly highlight concerns about major internal expenses given that capturing the relevant data can tie up significant resources. Modern cash flow forecasting, however, is about far more than just safeguarding against insolvency.

    Top companies such as Lufthansa, Siemens and HOCHTIEF have for years been relying on the treasury information platform TIP to manage their cash flow forecasting. Corporates of this size generally already use a ‘classic TMS’, but this is rarely able to meet the local requirements of their subsidiaries. Yet, this is exactly what a good forecasting tool should do: it needs to be easy-to-use even at the local level in order to gather and compile important monthly forecasting data from all regions without the need to resort to Excel. TIP allows both major global players and mid-sized enterprises to easily prepare forecasts which provide them with a revealing data landscape. This article explains how you can also optimise your forecasting with TIP.

    Forecasts are only as good as the data on which they are based.

    Many of the data needed for cash flow forecasting already exist in the various systems you use. ERP systems are a particularly efficient data source. For example, this is where you’ll find all of your receivables and payables, including the associated due dates and terms of payment. You can also source the total amount of regular salary payments from your ERP system. With this information at hand, you can already cover a major share of the overall volume of payments. This is exactly the key strength of TIP: As a result of direct links to all other systems, you can import and include these data in your forecasts at the press of a button.

    System Landscape with TIP
    Predicting the future by analysing the past.

    Another helpful tool is predictive analytics. This procedure allows you to derive an amazingly accurate forecast from your historical data. A good case in point is a company subject to major seasonal volatility in terms of revenues and expenses. Assuming there is a revenue target for the coming year, the treasurer can use the statistical methods to rapidly and precisely predict how annual revenues will be spread across the individual months ahead. Other companies even analyse their social media data with predictive analytics in order to identify trends which have an impact on their cash flows.

    Predictive Analytics Scheme

    Forecasting liquidity requires flexibility.

    The treasury information platform TIP allows you to freely define the structure of your forecasting – and to do so in just a few minutes. Regardless of whether you need standard forecasts of operational and non-operational payments and financial cash flows or whether your company mainly engages in project-related business, you should be able to freely define your forecasting structure down to the last detail. Alternatively, you can use the on-board templates as a starting point and modify these whenever necessary.

     

    Easily modify your forecasting structure by means of drag & drop

    TIP also allows you to define any forecasting horizon you want. Banks often require companies facing a critical cash flow situation to provide them with short-term, day-by-day, cash flow forecasts. TIP makes this possible in addition to long-term forecasts spanning several years on a month-by-month basis. It is also possible to combine daily, weekly and monthly forecasting periods. For example, your forecast could include the next seven days on a daily basis, the following 12 weeks on a weekly basis and the remaining nine months of the year on a monthly basis. You can specify how the weekly and monthly values are automatically distributed by TIP. This means that you are free to define how previous figures with a low degree of granularity appear at the weekly or daily level after the next data rollover.

     

    Forecast on a daily basis

    A forecast of the current week on a daily basis followed by weekly forecasts

    Flexibility is also required when it comes to displaying the data. TIP offers several features which enable you to investigate the causes of significant differences between the current and earlier forecasts. For example, switch between the various levels of granularity (in terms of the structure and the timeline) or compare forecasts at different points in time. A single click is also all it takes to compare forecast and actual figures. Thanks to these flexible display options, expensive analysis tools are no longer necessary; all you need to do is take a quick look at your cash flow forecasting module.

     

    Drill Down

    Drill down from the monthly level to weekly and even daily forecasts

    Compare forecasts

    Compare with actual figures and calculate the deviation directly in the system

    More than just safeguarding liquidity

    The primary purpose of forecasting of course remains ensuring sufficient liquidity. Based on your current cash reserves the cash flows associated with the various future time periods are aggregated to provide you with the forecasted volume of cash available at the end of every period. This makes it possible to quickly spot cash bottlenecks.

    TIP also offers you the option of managing your credit lines and taking these into account in your forecasts based on the defined due dates. This allows you to immediately recognise when credit lines need to be drawn down or increased. This is just one of the many aspects which make it clear how you can be supported by a well-designed system.

    Currency-differentiated forecasting is yet another major advantage offered by TIP. It allows you to capture all cash flows in the original transaction currency. The advantage here is that as soon as you have prepared the forecast, you not only get an overview of the development of liquidity, but also of your FX risk exposures. And because you can also manage your FX hedges in TIP, all it takes is a few clicks to calculate your open FX exposures based on a comparison of your FX payments and existing hedges. If required, TIP can even generate hedge proposals for you based on the unhedged exposure; proposals which are then automatically forwarded to your trading system in a workflow-based process once these have been confirmed and approved.

    FX Risk Management with TIP

    Conclusion

    Technological progress has made preparing a cash flow forecast easier today than ever before. Even if no liquidity bottlenecks are currently likely at your company, due to the ongoing reduction in the expenses involved, it nonetheless makes sense to avoid unnecessary risks and to exploit the advantages that comprehensive cash flow forecasting offers.

     

  • November 14, 2018
    Events

    DACT Treasury Fair 2018
    Visit our Excel Cube Workshop with Charles Barlow

    DACT 2018 TIPCO Workshop Excel Cube

    Already for the fourth time TIPCO will be part of the DACT Treasury Fair this year. We are proud to announce that we will be in company of one of our long-standing clients Charles Barlow (Formerly of Coats Group plc) who will present the Excel Cube Workshop “the Holy Grail of Treasury Reporting” for us at the fair (09.00 – 09.45 am).

    Designing flexible, tailor-made reports in just a few minutes without having to manually prepare data is a dream of many treasurers. Visit our Excel Cube Workshop with Charles and discover how the Cube provides you with the easiest and quickest ad-hoc-reporting and is the key to saving you valuable time and increasing the quality of your data. 

    What else? We will be pleased to welcome you on our booth and look forward to show you the flexible and above all digital features of the Treasury Information Platform TIP. Regardless of whether you have already deployed a TMS or still prepare your data manually with Excel, TIP will improve and streamline your treasury processes.

    Discover our smart solutions in the areas of cash visibility, request management, cash flow forecasting, risk management, guarantees, derivatives, bank relations and state of the art reporting.

    DACT Treasury Fair:

    16 November 2018
    Hotel NH Conference Center in Leeuwenhorst

    We are looking forward to your visit!

  • November 9, 2018
    Events

    Digital Treasury with TIP
    14. Structured Finance in Stuttgart – Stand A27

    14. Structured Finance

    Meet us in Stuttgart at the 14. Structured Finance and take your treasury to the next level.

    The Treasury Information Platform TIP offers you amazingly flexible and smart treasury and reporting solutions. Regardless of whether you have already deployed a treasury management system or still prepare reports manually with Excel – TIP is the key to saving you valuable time and increasing the quality of your data.

    Our solutions for cash flow forecasting, automatic bank fee monitoring, risk management, guarantees and derivatives work on the basis of smart workflows. This helps you to respect your compliance requirements, investigate the reasons for deviations with your subsidiaries and work more efficiently and time saving. Furthermore, our clients appreciate TIP for the easy handling and how this motivates subsidiaries to use it regularly.

    You want to learn more about our ideas on digital treasury?

    Meet us at booth A27 – we look forward to your visit.

  • November 5, 2018
    Events

    Self-Service BI with the Excel Cube
    Request our Webinar Recording

    How to prepare ad-hoc analyses with your latest corporate data accessible in Excel.

    Account balances, guarantees, derivatives and even your cash flow forecasting data are available by means of drag & drop for ad-hoc analyses. Filter by reporting currency, time periods and hierarchies, and speedily prepare the report you need spontaneously for your management team. All you need is an understanding of Excel tables to be able to use the Excel Cube. Request the recording of our Excel Cube webinar:

    SPEAKER
    Dominik Scheitz (Consultant)
    Hubert Rappold (Managing Director)

     

    TIP Excel Cube Webinar Recording

    Self-Service BI with the Excel Cube

    Free Your Data webinars

     

     

Grasp the opportunity and discuss your needs with us.








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