Payment services with TIP – powered by MultiCash

Omikron and TIPCO establish a partnership for payments service

For around 20 years, the treasury information platform TIP has been supporting corporates with top-notch solutions to make their treasury activities particularly efficient and transparent. This year TIPCO decided to add payment services, allowing them to fully meet their clients’ requirements. For this, TIPCO opted to work with strong, experienced partners who know exactly what’s what in the payments business.

The name Omikron is inextricably linked to the brand MultiCash. This multi-bank electronic banking system is among the most successful solutions on the European market. TIPCO is delighted to have brought Omikron on board as an established provider of payment services; a partner with decades of experience working with both corporates and banks.

Alexander Fleischmann, responsible for partner management at TIPCO: “Over the last years, we have consistently developed and extended TIP into a fully-fledged treasury management system. Until now, payment services had been an exception. Our partnership with Omikron closes this gap and is in keeping with our philosophy of offering our clients the best solution in every area of treasury. Thanks to the fully automated interaction between TIP and MultiCash Transfer, we have now created a seamless, integrated solution which enables corporates to efficiently, securely and cost-effectively organise their group-wide payments based on all well-established communication standards.”

Corporates now benefit from the combined strengths of two leading providers in their respective fields – ranging from “one-stop shop” implementation of all services to an integrated and highly user-friendly solution for day-to-day business.

Gregor Opgen-Rhein, Senior Sales Consultant and responsible for the partnership at Omikron, expects the combined solution to interest a wide range of corporates, from mid-sized companies up to multinationals: “Real-time processing and digitalisation are shaping the future of payment services. Holistic business processes require integrated systems. For mid-sized corporates, this is often about taking their first steps towards digitalisation, but large corporates with international operations also have a pressing demand for improving efficiency and transparency still further. The TIPCO and Omikron solutions complement each other in many areas, providing an ideal fit. Working together, we can take a holistic approach to our clients’ business processes.”

The major advantages of the cooperation for you as a client of TIPCO:

  • Concentrated expertise: Together, Omikron and TIPCO offer more than 50 years of experience in designing and implementing treasury solutions for corporates of all sizes: from SMEs to major multinationals.
  • Seamless integration: The solution delivers a seamless, secure and automated interaction for payments between your Internal systems, such as ERP and HR, TIP and MultiCash Transfer.
  • One-stop shop: Benefit from the best-in-breed approach of an ideally integrated solution from two leading providers. At the same time, your contractual partner and main point of contact during and after the project is and remains TIPCO.