Treasury Intelligence Solutions (TI), easy to use, easy to handle, lucky to have it!
June 05, 2021
Treasury Intelligence Solutions (TI), easy to use, easy to handle, lucky to have it!
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Treasury Intelligence Solutions (TIS)
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.
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.
- First very user friendly and hence well accepted (look and feel).
- Transparent and full information available.
- Quick to install and easy to handle.
- API interface to extract high value payment and account statement data for further analysis outside Treasury Intelligence Solutions (TIS).
- 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).
It improved cash management, analysis, forecast accuracy a lot and we took a big step towards CASH IS KING!
As already mentioned, we could implement a strict and standardized straight-through process and stopped a wild growing SAP customizing fact. As all do the same we benefitted setting up a regional shared service center (payment factory). We cut down the number of process steps and reduced to the minimal needed activities to make safe payments.
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 very important process. And finally it is a SaaS cloud service, a breakthrough compared to on-site soft/hardware.