The proof of the pudding is in the eating. If you call us today you can study your own data within one week (for two weeks for free). Deal?
SCOOP enables SAP customers to inspect their sourcing,
making and delivery operations for opportunities to free up cash sustainably.
SCOOP brings Predictive
Analytics to the Board room.
SCOOP is up and running
within one week.
SCOOP detects cause-effect relationships among goods and cash flows.
Since enterprises are individual
key performance indicators
have to be individual as well.
Since businesses are alive correlating
and simulating need to be
live as well.
Since "cash-is-king" smart decisions
require quantitative (in euros)
analysis results as well.
SCOOP applies techniques from statistics, machine learning, and data mining to make predictions.
SCOOP exploits the actual postings of operational SAP ERP systems without the need for data warehouses BI tools.
SCOOP leverages SAP HANA in order to process the very large data sets of operational data in real-time.
Payment terms are unmovable. Or?
Trufa Expands Leadership Team with Seasoned Sales, Marketing and Product Executives
Trufa at Official Opening Event
Glassdoor Eyes Int’l Growth, While Germany’s Trufa Looks to U.S.
Detecon ICT Award
Big Data Award
Interested? See how SCOOP works in this video (More videos about SCOOP - Just click the YouTube logo on the bottom on this page.)
SCOOP turns gut feelings into educated decisions –
literally with a finger-stroke (on the iPad).
Trufa is honored with the opportunity to present at the SAP Innovation Center opening this week. Guenther Tolkmit, Chief Delivery Officer at Trufa, will present and show the SCOOP application on February 12, 2014.
12th of February, Potsdam: The SAP Innovation Center was abuzz with excitement as we celebrated our grand opening with 500 guests, including high profile SAP customers and partners, politicians, journalists as well as the SAP Supervisory and Global Managing Board.
In the following pitching session with Celonis, Conweaver, Retentiongrid, Sablono, and Trufa, the startups depicted how the SAP Innovation Center was involved in helping them go to market with their solutions on top of the SAP HANA platform.
Read the complete official statement.Read all News here
Everybody knows this. The payment terms are determined by the customer. Because the customer is king. Isn’t it?
Actually we found out that this is one of the most persistent myths in business nowadays. We have evidence that the operational processes of a company are indeed impacting the payment behavior of their customers.
Wow. What an insight!
We were assuming that such correlation exists. But we didn’t have the proof up to now.
We didn’t do a study. We just analyzed the feedback of our customers.
Our customers used our business simulator SCOOP in order to study their company behavior. And they simulated the potential impact of operational process changes on their financial metrics. And it turned out that payment terms are indeed being directly influenced by their logistics processes for example.
Too good to be true? Try it out yourself. Within one week you’ll be up and running.
Senior Executives Bring Combination of Enterprise Software and Big Data Analytics
Start-Up Experiences to Build Trufa Business Globally
Palo Alto, CA - Trufa Inc., the innovator in delivering big data True Finance Applications for the office of the CFO, today announced three new additions to its leadership team. Based in the U.S., Narina Sippy joins the Executive Management team as Trufa’s Chief Marketing Officer and GM of the US Operations, William (Bill) Compton as Vice President of Americas Sales, and Henning Schulze-Lauen as Vice President of Product Management globally. This announcement follows a successful demonstration of Trufa’s Scoop product at the recent SAP Innovation Center opening ceremony in Potsdam, Germany. (SAP Innovation Center Official Opening Event.)
“We have carefully selected a team of world-class professionals who understand the business complexities of large enterprises,” said Ralph Treitz, CEO and Co-Founder of Trufa Inc. “It is an invaluable asset for Trufa to be able to tap into this team’s many years of personal experience in key industries such as manufacturing, CPG and retail among others as we bring innovation to the finance department. With our growing presence in Silicon Valley, we offer a unique blend of deep enterprise business expertise with the nimble, innovative start-up attitude. Narina, Bill and Henning will leverage their know-how to deliver immediate value to Trufa customers.”
A seasoned enterprise software executive, Narina Sippy brings more than 20 years of marketing, product marketing and general management experience to Trufa. In her dual role as CMO and U.S. General Manager, she will lead the company’s global marketing programs as well as establish the Trufa’s operations in the region. Following senior leadership positions at SAP and Siebel Systems, Sippy most recently served as Vice President, Strategic Alliances and a member of the Executive Management team at Causata, a big data multi-channel customer analytics start-up acquired in 2013.
As Vice President of Sales in the Americas, Bill Compton joins Trufa with more than 20 years of world-class enterprise sales expertise. Throughout his career, Compton has delivered substantial value to strategic customers globally in the supply chain management, ERP and e-procurement markets. Compton's extensive experience includes several years with SAP and i2 Technologies, where he consistently ranked among the highest producing sales executives, by developing collaborative partnerships with key customers focused on mutual success. In his new role, Compton will drive the Trufa's sales in the Americas, building a solid customer base generating strategic business opportunities for rapid growth.
Taking on global responsibility, Henning Schulze-Lauen serves as Trufa’s Vice President of Product Management. Following international leadership roles at Parsytec, Intentia and Lawson, Schulze-Lauen joins Trufa to establish a robust inbound product function. In this role, he works with the engineering team on product roadmap, design and quality, and collaborates closely with the field and customers to ensure Trufa’s uniquely vivid and purposeful user experience. Schulze-Lauen, who holds a Ph. D. in production automation, also adds a strong manufacturing background to the team.Read all News here
By Gabrielle Karol - Box scored $100 million, while hiring startup Glassdoor closed its fifth round of funding, while smaller companies like Trufa and Grokker closed their Series A rounds. Here’s a snapshot of the startups that raised money this week.
Predictive analytics startup Trufa, which is based in Heidelberg, Germany, raised a $4.5 million Series A round led by Accel Partners.
Founder Ralph Treitz says his company’s analytics tablet app is aimed at CFOs of large companies in the manufacturing and CPG spaces.
Treitz says Trufa’s predictive analytics can help executives simulate operational changes that can make their companies run more efficiently.
“If I would deliver more punctually, would my customers pay faster? If I would reduce my security level of inventory, am I capable of matching requests for goods?” asks Treitz, suggesting some questions that might be solved using Trufa’s app.
Treitz says five major companies are already using Trufa, and the official product launch will come in January. In addition to hiring approximately 15 more people (there are currently 10 members on the team), Treitz says the funding will be used to set up shop in Silicon Valley.
“There is a high-tech community [in Heidelberg] but not in IT. We are a little bit lonesome,” says Treitz. He says a Silicon Valley office will help Trufa find talent.
Read the complete article here
Trufa Inc. delivers “TRUe Finance Applications” connecting finance and operations in a meaningful way – with speed, precision and a bias for action. Trufa develops predictive analytics applications which for the first time enable enterprises to analyze in real time vast amounts of operational data, identify opportunities for operational improvements, and understand their impact on financial performance.
By applying big data technology and advanced statistical methods to a company's entire ERP data, Trufa enables detailed root-cause analysis of operational processes in real time and the simulation of the financial impact of operational improvements. These insights quantify precisely how operational process changes will improve cash and working capital positions, allowing executives to prioritize operational improvement initiatives and track their progress.
Trufa. Simulate your entire business on an iPad. Realizing your true performance indicators. Go live in one week. Get insights in seconds.
Computer Science, physics, mathematics & marketing; cumulative enterprise software experience 70+ years
Accel Partners & Enterprise Software Veterans
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