TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, the cloud platform and service model have supported the office of the CFO to collaborate and attain efficiency, automation, and control. By streamlining connectivity between TIS' customers’ back-office systems and their worldwide banks, vendors, and business partners, TIS aims to enable…
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TIS (Treasury Intelligence Solutions)
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Pricing Offerings
TIS (Treasury Intelligence Solutions)
Free Trial
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Free/Freemium Version
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Premium Consulting/Integration Services
Yes
Entry-level Setup Fee
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Additional Details
TIS helps clients eliminate redundant or unnecessary features and systems, and helps reduce banking and transaction fees for account rationalization projects. TIS manages all onboarding, maintenance, and service requests to eliminate clients' other consulting, IT, and other technology-related costs. In addition, TIS provides rebates and rewards programs in certain areas of our solution to help clients optimize payments activity conducted through various localities and supplier networks.
TIS was the only service provider who offered construction of payment formats based on SAP IDOC. All other service providers were offering only a central payment portal for approval workflow and banking connection leaving construction of payment formats with us.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Director of Treasury Technology in Finance and Accounting at UPS (Logistics & Supply Chain, 10,001+ employees)
Chose TIS (Treasury Intelligence Solutions)
We evaluated a number of vendors including Kyriba, Fides and FIS-Trax. Ultimately Treasury Intelligence Solutions (TIS) was the solution of choice given a combination of better fit-for-purpose and pricing, although there are other technologies out there that could have …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Senior Financial Analyst in Research & Development at Team Harbour, Inc. (Information Technology & Services, 11-50 employees)
Chose TIS (Treasury Intelligence Solutions)
Treasury Intelligence Solutions (TIS) is fully cloud based (versus Sungard, Wall Street Systems) and covers most cruicial functionality: cash collection from multiple subsidiaries and distribution. It does not fit well with cash balances risk management but the system (Treasury …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Vice President, Tax & Treasury in Corporate at Circor International, Inc (Mechanical Or Industrial Engineering, 1001-5000 employees)
Chose TIS (Treasury Intelligence Solutions)
The implementation team is strong and supportive of your needs which was important. The solution fit the needs of company very well with many ERP systems and bank accounts. The company was continuing to improve its product based on customer feedback. Strong IT background at …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose TIS (Treasury Intelligence Solutions)
We have used bank applications and another large TMS provider based in the US. Our prior TMS was a full-scale system which was very robust and extremely complex. We were not using 3/4 of the functionality and we decided it made more sense to select a simpler system that met our …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Group Treasury in Finance and Accounting at MANN+HUMMEL (Automotive, 10,001+ employees)
Chose TIS (Treasury Intelligence Solutions)
The Treasury Intelligence Solutions (TIS) implementation time (and cost) was one big criteria. Simply speaking it would have taken too long and too expensive to work here with SAP. TIS reduced to the minimum meaning only the really necessary points were taken to establish a …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Head of Finance, Accounting and Treasury in Finance and Accounting at fischer group of companies (Building Materials, 5001-10,000 employees)
Chose TIS (Treasury Intelligence Solutions)
[The] bank transaction manager was the unique selling proposition of Treasury Intelligence Solutions. No other comparable solution was available at that point in time. All other solutions would have caused high capacities and longer roll-out periods.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
TIS [Treasury Intelligence Solutions] is well suited for a company with multiple banking relationships in multiple countries. This can allow a treasury function to have better visibility and control over its daily cash management operations. It has very good report writing capabilities and dashboard functionality to customize a report for the end user.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
BTM MONITOR & Payment Monitor: we have a good view of the companies' bank statements & payments current status. Error tracking and issue logs can be found easily. In case of an error the error message describes it well so that we can act alone and solve the issues in most cases without further help. Speed is particularly important at month-end closes, you cannot be without a solution.
Payment files PAIN mapping. The Know-How of TIS and its expertise to PAIN file integration and possible options. We have not seen a case where our TIS Project Manager did not know the answer to an issue. Often it comes instantly. Sometimes they would of course investigate, but the root cause review of a technical issue is key to success here. These guys really know what they are doing.
Support Team of TIS. They have a very fast response time. I would point it out as being the key strength of the TIS package. You will never have critical items not addressed in due time. The speed and quality of their responses to issues is how it should be. From a financial operational point of view: It's important to ensure business continuity, which they do.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The main feature of usability is the outcome you get upon actions done. TIS is not complecated solution - it is rational and has most needed capabilites for cash management via multiple accounts in different jurisdictions. It works well for this task and evolutioning to the field of risk management to get all treasury job done well.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We have used bank applications and another large TMS provider based in the US. Our prior TMS was a full-scale system which was very robust and extremely complex. We were not using 3/4 of the functionality and we decided it made more sense to select a simpler system that met our core requirements which are connectivity and transaction & information support. TIS does this very well at a lower price point. In the end, TIS better suited our needs and was much simpler and more affordable.
In terms of risk mitigation of course we can reduce the number of people having access to banking if not needed. With dedicated teams and less people with access to individual Bank portals. Before access to bank portals were necessary for all sorts of manual payments and exceptions if we really implement the 100% of functions and dont leave exceptions that risk mitigation can be achieved and efficiency at automated payment runs.
At a large corporation with more than 60 entities and 400+ bank accounts, the savings and improvements are massive considering how time-consuming the manual work would be. I don't have any numbers to quote, unfortunately.
We are now massively expanding our TIS with the full integration of automated payment runs. This has larger operational impacts, like the possible consolidation of banking and dedicated payment teams.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
