Austria’s TIPCO, a specialist in the area of treasury reporting and forecasting systems, has entered into several cooperation agreements that includes one with international treasury management (TMS) system vendor Reval.
The agreement means that Reval users will also be able to analyse their data rapidly and easily using TIPCO’s flexible reporting system.
“The combination of Reval and the treasury information platform (TIP) from TIPCO allows corporate treasury departments to perform their daily work even more efficiently and without system discontinuity – therefore providing the best of both worlds,” said Hubert Rappold, TIPCO’s chief executive officer (CEO).
Separately, TIPCO has also formed a partnership with Treasury Intelligence Solutions (TIS), the Germany-based specialist in managing corporate payments.
“As the leading cloud platform for the management of corporate payments, TIS solutions reduce complexity in payment transactions, and enable treasury departments to manage payments more efficiently,” said Rappold. “I consider TIS to be the perfect interface between companies and their banks.”
A further cooperation agreement signed this month by TIPCO is with TMS vendor Technosis.
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