COMPIRICUS Newsletter September 2016
Dear Sir or Madam,
COMPIRICUS will be joining the SAP Conference for Treasury Management again this year. Take the opportunity to see how our customer Biotest has gained more efficient integration of accounting and bank partners as part of the SAP Treasury and Risk Management implementation. Next to this you can find some more information on Statutory Reporting, Investment Accounting as well as how you can optimize your market and master data flow through automization...
Biotest and COMPIRICUS presenting at SAP Conference for Treasury Management 2016
The 8th annual SAP Conference for Treasury Management will take place in Chicago on September 21-23, 2016. Take the opportunity to meet the COMPIRICUS team in Loews Chicago O'Hare Hotel in Chicago. Meet our experts to exchange experiences in treasury, discuss new developments and trends in national and international treasury management. A highlight will be our presentation together with Ms. Andrea Pohl (Group Treasurer) from Biotest regarding the SAP TRM implementation. The topic of the presentation: "SAP Treasury & Cash Management and Risk Analyzers Implementation from a business perspective".
Martin Möller, VP Group Finance and Treasury at Biotest AG, said:„We decided to roll out TMS in order to meet increasing statutory requirements and to improve the efficiency of our treasury processes...
New clients for COMPIRICUS solutions
We are happy to announce:
Two corporate clients have selected COMPIRICUS’ Bond Issuance Package in August for the complex US GAAP compliant calculation and accounting requirements of various amortizations.
A well-known US Insurance company has decided for COMPIRICUS’ NAIC Statutory Reporting package and will report various asset classes with it.
Investment Accounting for Insurers
COMPIRICUS is SAP’s content provider and application development partner for the international statutory reporting in the insurance industry. This cooperation exists since 10 years and offers solutions for several countries, also for the US NAIC reporting.
SAP FAM together with COMPIRICUS’ Software Solutions form a proven US Insurance Investment Accounting Package with the following benefits:
- Based on state-of-the-art SAP technology
- Fully integrated into the functionality of SAP Financials
- With COMPIRICUS’ industry-focused software components
- In productive use since 2010
A well-known US insurer has recently chosen the COMPIRICUS Statutory Reporting solution for their global FAM Rollout.
The perfect connection between market and master data provider Bloomberg and SAP TRM / FAM
Companies that receive data such as market or master data for financial processes need to make sure that these are being imported correctly and efficiently into their systems. Manual effort and mistakes can be prevented through automized import and export of market and master data from and into your SAP Treasury system using the COMPIRICUS interfaces. Click on the links below to find out more on the optimized integration of Bloomberg, one of the most common master and market data provider.
Cash Reconciliation — All-in-one solution for the reconciliation process with TRM/FI modules
Is your company spending a large amount of time and effort on cash reconciliation for business activities? Is your company still struggling to lower the manual effort and needs to improve the productivity of reconciliation processes for TRM/FI modules? We have a simple tool for your reconciliation tasks. Our Cash Reconciliation Cockpit can drastically reduce financial asset management as well as the process of reconciling treasury and risk management against the cash records file.