A smart payment solution
Updated June 07, 2021

A smart payment solution

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Treasury Intelligence Solutions (TIS)

It depends on, how the technical architecture in your company looks like for the bookkeeping systems to estimate the integration effort of TIS (several SAP mandants or only one mandant solution in use, only SAP in use or also different bookkeeping systems which would also require the client solution...).
We use Treasury Intelligence Solutions (TIS) for the payment release (middle ware) of all affiliate companies, which are already migrated to SAP FI/CO (80 companies, 34 countries, app. 350 user)
We solve 3 main problems.
  • Payment file format (we create only the meta format Idoc out of SAP - the final conversion to the transaction and bank specific format will be done by TIS)
  • Receiving and importing of electronic bank statements in SAP via add on (different formats like MT940, Camt053/Camt054)
  • Middleware: Payment release in four eye principal (web based, no implementation of software necessary)

  • Flexible options for the bank connection (SFTP, Ebics...);
  • Large portfolio of implemented payment file formats;
  • Flexible payment file configuration (remittance information mapping, batch booking, account routing...);
  • Implementation guide specific for each country, used bank, payment type and format would save time at the beginning of an implementation to estimate the time frame and required resources.
  • 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
It is the single point of contact for the payment release process. The release process in four eye principle is the same for all users world wide (the system is web based and no local software installation is required - easy to access). It can also easily be checked for which accounts a user is assigned to and which approver level he has for each account.
Treasury Intelligence Solutions (TIS) is technically the single point of contact to our banks. The complete communication will be done in one system (payment file transfer, receiving of files e.g. status message or electronic bank statements). This makes it easy to monitor. It is no longer necessary to switch between different systems anymore.

Treasury Intelligence Solutions (TIS) Support

Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
Quick Initial Response
We didn't purchase premium support. The normal offered support is sufficient enought
Offered support information in the portal (knowledge base articles) as well members of the support provides a very good service level.