Trufa delivers True Finance Applications, which enable enterprises for the first time to analyze in real-time vast amounts of operational data, identify opportunities for improvements, and understand their impact on financial performance.
With our product Trufa Scoop, SAP customers can inspect their source,
make and deliver operations for opportunities to free up cash sustainably.
Trufa Scoop brings your entire business to the Board Room on your iPad.
Trufa Scoop is up and running
within one week.
Trufa Scoop detects cause-effect between goods and cash flows.
Seeing is believing.
Call us today and you can explore your own data within 1 week.
Easy to use, on-the-fly capability to add your individual Key Performance Indicators
Correlations and calculations are done against millions of records – using your data – in seconds
Since "cash-is-king" smart decisions require quantitative (monetary outcomes) analysis results as well
Trufa Scoop applies techniques from advanced statistical methods, machine learning, and data mining
Trufa Scoop exploits the actual postings of operational SAP ERP systems without the need for data warehouses BI tools
Real-time processing of vast operational data sets using SAP HANA in-memory computing platform
The result: insights that can identify financial performance improvements and quantify how operational process changes will improve cash flow, working capital, inventory levels, and other key financial metrics.
Optimize Cash Flow and Manage Banking Relationships
How to solve a $5 trillion working capital problem
Finance Applications for SAP Customers
SAP reaches out to cloud startups with HANA to prove it's still cool
Luisa Silva, Director, Market Enablement for EMEA & MEE, SAP Startups Focus at SAP, talks with our CEO Ralph Treitz on how to learn how you can unlock the working capital that may be hidden in receivables or inventory. See how solutions from Trufa Inc. and the SAP HANA platform can help.
See the video here
Interview conducted by: Lynn Fosse, Senior Editor, CEOCFO Magazine, Published – June 2, 2014
CEOCFO: Mr. Treitz, what is the concept behind Trufa? Mr. Treitz: I would say for the last twenty years, the industry has been very successful in generating software for supporting all the operational issues in the enterprise, ERP software, CRM software, supply chain management and all of the operational areas are pretty much covered. What we have not covered that well as an industry is to support decision makers. Today, decision making is supported by data, tools to “make the data” and reporting. In the end, as soon as the decision maker sees numbers, figures and graphs, these individuals have to start thinking about that by themselves. At Trufa, we are helping people to go to the next step, to simulate the future, to ask, “What if I would take a position and change the premise of my company in this way or that way; what impact would that have?” We are calculating this impact in dollars and cents; measuring the impact of the financial efficiency of the company on working capital. That is what we are doing.
Read the complete article here
Old company hollers at cloud.
On a more traditional business side, there's Trufa, which provides financial data analytics delivered from an iPad app, with users able to change the model and run new analysis on the fly. Where before generating a new financial report took a team of specialists, says Trufa CMO Narina Sippy, now it's a matter of handing the CFO an iPad and letting them fiddle.
Intriguingly, Sippy says that HANA has enabled fast development and fast scaling for their app -- with SAP handling the hard math, the startup can handle features. And by using SAP HANA One, which offers the platform on demand from Amazon Web Services for a relatively affordable $.99 per hour, the company didn't have to sink its seed money into infrastructure as it scaled up with its first few customers. By that same token, Sippy says the company can onboard customers in as little as a week.
"It's a hard thing to do," Sippy says, but HANA helps them meet the challenge.
Read the complete article here
Trufa Inc. delivers True Finance Applications, connecting finance and operations in a purposeful way with speed, precision and a bias for action. Designed for the office of the CFO, Trufa’s predictive analytics applications enable enterprises for the first time to analyze in real-time vast amounts of operational data, identify opportunities for improvement, simulate process changes on the fly, and quantify their impact on financial performance. By applying big data technology and advanced statistical methods to a company’s entire ERP data, Trufa delivers immediate results directly to the decision-maker, in a highly intuitive and responsive manner. As a result, CFOs can actively optimize their working capital by tackling root causes rather than treating symptoms, substantially and sustainably improving cash flow, inventory, and other key financial metrics.
Trufa is a privately held company headquartered in Palo Alto, CA with offices in Heidelberg and Munich, Germany.
Computer Science, physics, mathematics & marketing; cumulative enterprise software experience 70+ years
Accel Partners & Enterprise Software Veterans
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