âFinancial reporting and cash flow forecasting tend to be dull, very serious issues, particularly at times like these. Our aim with TFM is to demonstrate that a system can have a no-nonsense approach and yet still be user-friendlyâ, is how Martin Sadleder, Managing Director of Treamo, explains the motivation and demands which shaped the development of TFM. âTFM helps to reduce the time inputs for data capturing, allowing users to invest the time saved in more important matters â in the quality and plausibility of data as well as in playing through various scenarios. Cash flow forecasting is not a question of defining specific targets but more a matter of defining reliable corridorsâ, Sadleder adds. TFM is suitable for all corporates with a group-like structure, from small groups of companies to major multinationals, irrespective of the relevant industrial sector. Due to its extremely simple implementation in technical terms, TFM is also aimed at markets beyond the core DACH region.
TFM defines usability benchmark
TFM as the âmissing linkâ in the system landscape of treasury departments TFM closes the gap between ERP, treasury and other systems used in treasury departments which are mostly entry and transaction-based systems. âCash flow forecasting in particular is subject to other âlawsâ than transactions or entries, and requires the integration of and connection to the subsidiaries which need to submit report dataâ, says Sadleder. âTFM deals with the tasks which are today still often handled using spreadsheets, simply due to the lack of alternativesâ.
Implemented community-based concept
One of the fundamental considerations while developing TFM was that of also offering the many users a communication platform. Instead of sending numerous emails many of which are invariably not read, TFM allows all task-specific messages to be sent and archived within the system. âMy TFMâ effectively forms the âsocial networkâ of the system and enables users to communicate not only within their respective corporate group, but also the option of communicating with TFM users at other corporates â either regarding specialist questions, e.g. on country-specific issues, or to exchange best practice ideas relating to the deployment and extended use of TFM.
Simple licensing + simple deployment
TFM also breaks new ground when it comes to licensing and pricing. Customers pay an âall-inâ monthly fee based on the number of companies integrated and modules used. This fee covers the use of the infrastructure (hardware and database), the system, support and updates. Customers can set up an unlimited number of users without incurring additional costs. Besides a modest set-up fee, there are no additional costs either initially or subsequently. âThe aim of our pricing model is to encourage as many companies as possible to switch from their apparently inexpensive spreadsheet solutions and to enable them to employ a modern and professional software solutionâ, says Sadleder, who is convinced that this pricing model will be well received.
A new customer is âup-and-runningâ in a matter of just a few minutes: As soon as the account has been set up in the cloud, the system is online, without the need to purchase any cost-intensive consulting services.
software architects - a leading partner in technology TFM has been developed in a cooperation with the company 'software architects'. The software architects team has a long track record in SaaS and award-winning cloud-based solutions. Rainer Stropek, co-founder and CEO of software architects: "Martin Sadleder's understanding of the various possibilities and benefits of software as a service in the cloud has impressed us from Day One. TFM is the perfect example of how cloud computing can simplify the introduction of software solutions for customers, while at the same time elevating the balance of costs and the benefits of availability, scalability as well as data protection to an entirely new level.