Treasury Intelligence Solutions (TIS)

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.

Treasury Intelligence Solutions (TIS) is our preferred tool for Bank connectivity globally.

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.

TIS is our global e-banking tool to manage B2B payments with SAP integration and connection with major global banks and some local banks. It addresses and replaces our existing process of uploading payment files on bank portal to an end to end compliant and integrated payment process with payment files transmitted through EBICS, SFTP and SWIFT connections. Primary objective was compliance as it eliminates the risk of any manual intervention to payment files. It bring efficiency through centralization of the banking landscape into a single payment portal replacing individual bank portals.

We plan to use Treasury Intelligence Solutions (TIS) as a Connectivity Hub, with all payments originating from various systems routed to Treasury Intelligence Solutions (TIS) before going to the banks. Also, Treasury Intelligence Solutions (TIS) will receive bank statements from banks and route those the systems that need to consume them. We are currently going through the implementation, which we expect to last another year

As (co-)real estate investment managers, we have a lot of banks and accounts to manage. We were able to connect all banks and accounts via Treasury Intelligence Solutions. This not only simplified our daily cash management processes but also made them more efficient. The SAP add-on also increased security.

With the latest technology and performance we are using Treasury Intelligence Solutions for payment purpose between our users and client who are using our softwares. Problem we have faced is mainly if the customer network is slow than it leads to failure of payment.

It is being used by our largest business unit representing over 70% of sales. It addresses payments and visibility to our bank accounts.

We are using it across several companies codes. It was the key tool from Treasury. In order to combine all elements and functions from a treasury, perspective is needed. We are mainly working with H2H connections for reporting (CAMT.053 integration) and payments (PAIN file). The TIS interface allows us in the TIS web portal to have the H2H allow transactions for our banks. We are routing the SAP ERP mass payment through there. Flexible approving with 2 step approvals. We also now move our Excel-based Payroll uploaded files into TIS, being able to separate the approvers for this. One of the important pieces is the reporting part of MT940 & CAMT files. We need to somehow download daily thousands of files for our SAP, which are then automatically reconciled within SAP. Downloading 500+ bank statements would be impossible daily, or needs a larger workforce. Uploading Payment batch files or direct debit batch files manually to separate portals is either way the same time-consuming task. Further, other files with different purposes are also downloaded via the SFTP servers. For example, Lockbox files or Check images. These are items that have made us much more efficient.

We use TIS to support 15 affiliated organizations across twelve countries. TIS provides a consistent experience across regions and supports all bank connectivity and transaction and information processing. The system is quite flexible for a hosted application and supports our core requirements at a competitive price point. The quality of the product and customer service has been outstanding.

The following Treasury Intelligence Solutions (TIS) modules will be used:
TIS BAM (Bank Account Manager) for bank account master data maintenance and TIS BTM(Bank Transaction Manager) for making payment releases and collecting bank account statements.
Business problems: transparent payment release process, payment efficiency and security.
TIS will be used worldwide with many bank connectivities and is a proven and widely accepted (and honored) application for us.

The solution is being used in a certain region of our organization. It mainly establishes the connection between our Enterprise Resource Planning (ERP) system and our banks in order to send/receive files.

At the end [of the day,] Treasury Intelligence Solutions should be used in the whole organization globally. Step by step it is [being] rolled out in more countries. It should become the one and only bank communication tool.

Easy implementation and roll-out of e-banking with all banks and globally all subsidiaries. Multi-channel and easy to handle. Swift and host-to-host connection possible. All bank partners available.