#1 most frequent
Germany
38.5%5 installations of 13
What is TIS (Treasury Intelligence Solutions)?
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 users to improve performance in key areas surrounding cash forecasting, working capital, outbound payments, financial messaging, fraud prevention, and payment compliance.
Categories & Use Cases
Videos
Top Performing Features
Treasury Management Payments
Allows you to make secure, reliable payments within the platform.
Category average: 7.9
Cash and Liquidity Management
Tracks the flow of cash to give an accurate, real-time picture of liquidity.
Category average: 8.7
Bank Account Management
Manages relationships with multiple banks within the platform for increased visibility.
Category average: 8.7
Areas for Improvement
Market Data
Provides up-to-date market data to allow for informed financial decisions.
Category average: 7.1
Treasury Risk Management
Provides up-to-date information on risk exposure across financial accounts.
Category average: 7.2
Financial Fraud Prevention
Detects and alerts on potentially fraudulent transactions to increase security.
Category average: 5.2
Who Buys & Uses TIS (Treasury Intelligence Solutions)
#2 most frequent
United States of America
15.4%2 installations of 13
#3 most frequent
China
7.7%1 installation of 13
TIS (Treasury Intelligence Solutions) As a Payment Monitor
Use Cases and Deployment Scope
We use TIS (Treasury Intelligence Solutions) as a payment monitor rather than a true TMS. All payments flow through TIS (Treasury Intelligence Solutions) and are approved/released in the production environment. The test environment is used for testing new payment methods. We also use TIS (Treasury Intelligence Solutions) to monitor account balances for cash pool accounts via our IHB.
Pros
- User interface
- Connectivity
Cons
- Export data into different types
- Chatbot
- Ai
TIS - Enabling European Cash Pooling.
Use Cases and Deployment Scope
I helped select TIS at one of my clients to solve the following: Mapping many different files from various ERP systems. Banking Connectivity. This was part of a project to set up a European cash pool with a single bank. TIS helped remove several hurdles to entities using new bank accounts and fitting them with current business processes.
Pros
- Mapping of files from ERP systems to bank acceptable formats.
- Connections with ERPs - SAP add on, TIS Agent, etc.
- Assistance on the journey from configuration, through testing and into go-live.
- Production support.
Cons
- Some mapping had to be created.
- Some errors hard to understand.
- Some documentation could be clearer.
Return on Investment
- It removed obstacles to using new bank accounts - enabling the full use of a European Multi-Currency Notional Pool.
- Reduced the need for manual upload of payment files or keying in of payments.
It is the solution for cash flow analysis.
Use Cases and Deployment Scope
Treasury Intelligence Solutions has features that increase the speed of making outgoing payments with financial data and prices. It is software that is capable of robust cash flow analysis and also improves liquidity and cash management. Financial risks are small thanks to the implementation of Treasury Intelligence Solutions, it is really possible to have a better financial status with this treasury tool. The data analysis is in real time and this is the reason for the current financial success.
Pros
- Robust liquidity improvement.
- Reduction of financial risks.
Cons
- This treasury tool has guaranteed robust liquidity, cash management, outgoing payment compliance, real-time financial data analysis and this is enough to make you want to continue using this robust tool.
Return on Investment
- Cash flow analysis is one of the reasons to continue trusting Treasury Intelligence Solutions, the ROI is perfect.
- Liquidity is a simple task for this treasury tool.
- It has characteristics that comply with outgoing payments.
Happy Treasury Intelligence Solutions (TIS) customer
Use Cases and Deployment Scope
Treasury Intelligence Solutions (TIS) is our preferred tool for Bank connectivity globally.
Pros
- Treasury Intelligence Solutions (TIS) system helps us standardize our payment processes.
- Treasury Intelligence Solutions (TIS) reduces the admin task related to online banking/access to multiple banks and improves the overview at the same time.
- Treasury Intelligence Solutions (TIS) is connected to a large number of banks and has a large format library that makes it fast and easy to connect to banks.
- Treasury Intelligence Solutions (TIS) gives an overview of liquidity / Cash Positions on a global level.
- Responsive support function.
Cons
- The BAM module could be more flexible and easier to use.
- Perhaps the system looks a little old fashioned.
Return on Investment
- Treasury Intelligence Solutions (TIS) has made it possible to centralize bank connectivity and to connect to all major banks in close to all countries.
- On the negative side Treasury Intelligence Solutions (TIS) is getting more involved when payments go wrong - also in situations where the business should be able to manage and solve themselves...
- Treasury Intelligence Solutions (TIS) does not [have] a global (and instant) overview of all bank accounts in the group.
Other Software Used
Kyriba
Usability
Treasury Intelligence Solutions (TIS) Review
Use Cases and Deployment Scope
We experienced the serviecing customer project related to build of joint corporate treasury system. It was existing legacy system used FTP server connections and SAS Institute processing server to get for 12 reporting entities capability to consolidate data into net financial position. The task we had was a selection of treasury menagement system and Tresury Intelligence Solutions (TIS) was considered as compared to SAS, Sungard, Wall Street Systems, SAP which will lead not only for consolidated dash board tracking but to active use and adopt best risk management practise on market applicable for mining industry operating in 4 jurisdictions (UK, Switzerland, US, EU) and 7 countries. So the aim is to switch from passive to active cash flow management strategies and reduce manual data processing.
Pros
- Based on experience of large insitutions (Deutsche Bank, UBS, HSBC)
- Payment details verification of counterparty to avoid errors
- Multiple account data consolidation
- Compliance module: track data
- More then 140 counties available to integrate accounts (local IBAN accounts)
- Readable dash board
- Different treasury roles set up
- Cloud security
- Available API
- Master user account
Cons
- Improved VaR risk module to apply to cash balances exposure
- Currency risk controls - volatility forecast
- Trading platforms connectivity - hedging capabilities for SWAPtions
- Probable ripple integration to make settlemets faster versus t+2
- Compliance: not only track sanctions, payment details but get Credit Score of counterparty
- Chinease counterparties details (state banks do not share) - fraud risk depreciation
- Loans offering page
- Direct banks chats - push to send message to operator
Return on Investment
- Neutral. The project of rebuilding and treasury automation for our client is ongoing.
- We expect 10-20% less treaury headcount will be needed to process data.
- No hardware costs needed for Treasury Intelligence Solutions (TIS) cloud.
Alternatives Considered
SAP Treasury and Risk Management and Sungard Availability Services Data Center Outsourcing
Other Software Used
SAP Treasury and Risk Management, Interactive Brokers, Python IDLE
