TIS - Enabling European Cash Pooling.
I helped select TIS at one of my clients to solve the following: Mapping many different files from various ERP systems. Banking …
Overview
What is Treasury Intelligence Solutions (TIS)?
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…
Recent Reviews
How Treasury Intelligence Solutions (TIS) Differs From Its Competitors
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Treasury Management Payments (5)8.181%
- Bank Account Management (5)8.181%
Reviewer Pros & Cons
Director and Founder
Huntergate Consulting (Information Technology & Services, 1-10 employees)
Pricing
N/A
Unavailable
What is Treasury Intelligence Solutions (TIS)?
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…
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
13 people also want pricing
Alternatives Pricing
What is Trovata?
Trovata helps businesses automate the work it takes to gather and normalize all of its financial data. Trovata lets finance and treasury teams access, build, manage, and control their own trove of financial data – from banks, business & accounting systems, and external markets. For cash…
Features
Return to navigation
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Treasury Intelligence Solutions (TIS)?
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.
TIS boasts over 11,000 banking options, $80 billion in daily cash managed, and $2.5 trillion in annual transaction volume, and market expertise with tailored client and community feedback to drive digital transformation for companies of all sizes and industries. Organizations and practitioners use TIS with the goal of monetizing data, improving operational efficiency, and better managing risk.
For more information, visit tispayments.com .
Treasury Intelligence Solutions (TIS) Features
Treasury Management Features
- Supported: Cash and Liquidity Management
- Supported: Financial Fraud Prevention
- Supported: Treasury Management Payments
- Supported: Bank Account Management
- Supported: Treasury Risk Management
- Supported: Treasury Reporting
- Supported: Liquidity Forecasting
- Supported: Market Data
Additional Features
- Supported: Cash Forecasting
- Supported: Working Capital
Treasury Intelligence Solutions (TIS) Video
Introducing the TIS Service & Solution Suite
Treasury Intelligence Solutions (TIS) Integrations
Treasury Intelligence Solutions (TIS) Competitors
Treasury Intelligence Solutions (TIS) Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android |
Treasury Intelligence Solutions (TIS) Downloadables
Frequently Asked Questions
Kyriba, Bottomline Digital Banking and Payments, and GTreasury are common alternatives for Treasury Intelligence Solutions (TIS).
Reviewers rate Treasury Management Payments and Bank Account Management highest, with a score of 8.1.
The most common users of Treasury Intelligence Solutions (TIS) are from Enterprises (1,001+ employees).
Treasury Intelligence Solutions (TIS) Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 0% |
| Mid-Size Companies (51-500 employees) | 20% |
| Enterprises (more than 500 employees) | 80% |
Comparisons
Compare with
Reviews and Ratings
(24)Attribute Ratings
Reviews
(1-15 of 15)Companies can't remove reviews or game the system. Here's why
March 05, 2024
TIS - Enabling European Cash Pooling.
- 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.
March 20, 2023
It is the solution for cash flow analysis.
- 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.
March 13, 2023
Happy Treasury Intelligence Solutions (TIS) customer
- 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.
March 10, 2023
Treasury Intelligence Solutions (TIS) Review
Score 9 out of 10
Vetted Review
Verified User
- 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.
We meet new offering from TIS which fit basic corporate treasury demand at moderate pricing level. It is cloud based, works stable and we suppose will evolve at full cycle treasury management solution (VaR simulations, counterparties rating, fixed income and swaption accounts use).
February 27, 2023
Overall satisfactory. TIS supported e-banking global rollout
Score 9 out of 10
Vetted Review
Verified User
- This was a compliance project for us. However it delivered some FTE savings. We are unable to quantify
Overall positive. Improved compliance and risk mitigation and it made the overall process more efficient
February 03, 2023
Implementation underway, but so far so good
Score 10 out of 10
Vetted Review
Verified User
- reduced IT costs
- increase payment visibility
It has reduced IT costs to configure transformation of payment files for multiple banks in a large number of countries. It will also reduce the reliance (and associated risks) with using bank portals for payments
February 03, 2023
Increasing efficiency through automation
Score 9 out of 10
Vetted Review
Verified User
- Through standardisation and automation, less human resource was tied up
- The daily transmission of data (e.g. account balances) to the treasury system has simplified and improved our liquidity planning.
Due to the real estate projects, many new accounts are opened during the month. The technical implementation in TIS is much faster than before. This has accelerated the whole process of connecting a new account.
- Ability to pay down debt faster is positive ROI
- Ability to investigate banking fees
- Ability to reduce treasury staffing and time
- Ability to provide information under financial audit
TIS provides direct ROI savings in ability to maximize cash liquidity needs and utilization. It performs payment automation. These can lower internal cost and allow for company to scale.
August 19, 2021
Treasury Intelligence Solutions - Must have for large corporations. Greatest investment ever.
- 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.
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.
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.
July 05, 2021
Satisfied Customer
Score 10 out of 10
Vetted Review
Verified User
- Streamlined bank communications, payment processing and strengthened controls
- Supports global processing with consistent procedures across affiliates
- Provides direct ERP interface to streamline operations
Costs are being reduced by eliminating our SWIFT communication channel and lower TMS costs. Processing efficiencies will reduce staff time required to process transactions and eliminate duplicate processing required by our last TMS. Controls have improved as TIS system administration is much less complex then our prior TMS.
June 07, 2021
A smart payment solution
- Centralized administration of approvers save a lot of time (only internally authenticated).
- Payment status will be updated within 15 minutes.
- Lean implementation of the required payment file format as we only provide the meta format Idoc out of SAP
- Increased efficiency (straight through from ERP to TIS to bank and vice versa.
- Risk mitigation and traceability.
- Full transparency on a daily bases (TIS replaced monthly reporting to daily analysis).
May 20, 2021
User-friendly payment solution
- Treasury Intelligence Solutions enabled us to minimize the number of various payment methods in our internal ERP system as it automatically recognized the proper payment types.
May 20, 2021
Standardization of tools makes banking safer.
- Standardization of bank communication.
- Review and adjustment of existing process.
- High transparency on bank accounts and cash worldwide.
- Standard and automated payments reducing our time effort significantly (increased efficiency).
- Lower risk as one single point of entry to our banks.