Item: Treasury Intelligence Solutions (TIS)
Rating: 9
Author: Paul Trainer

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 and Cons

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.

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.

Payment Data

We can fully see and segregate the outbound transactions. We are also able to ensure that confidential payments remain that way.

Payment Workflow

TIS has enabled automated banking connectivity where the coverage was minimal. Files now go from ERPs to the bank in a secure and automated fashion, reducing the risk of fraud or mis-payment.

Likelihood to Renew

This is an integral part of the solution for this client banking project.

Key Insights

Do you think Treasury Intelligence Solutions (TIS) delivers good value for the price?

Yes

Are you happy with Treasury Intelligence Solutions (TIS)'s feature set?

Yes

Did Treasury Intelligence Solutions (TIS) live up to sales and marketing promises?

Yes

Did implementation of Treasury Intelligence Solutions (TIS) go as expected?

Yes

Would you buy Treasury Intelligence Solutions (TIS) again?

Yes

Likelihood to Recommend

TIS is excellent in a couple of scenarios: You have multiple ERP systems with different file formats and types and need to communicate with your banking partners in a common file format. TIS can do the mapping for you and manage automated connectivity with your bank(s). You have one ERP system and multiple banking partners and need a solution to manage the multi-banking connectivity. In whichever scenario, TIS provides a comprehensive suite of tools to meet your objectives. You can also decide how to configure this and the appropriate rules/access that need to be in place.

TIS - Enabling European Cash Pooling.

Modules Used

Overall Satisfaction with Treasury Intelligence Solutions (TIS)