Welcome!

News Feed Item

TIS successfully concludes business year 2013 and sets trends in Treasury management for 2014

Many companies will remember 2013 as the "Year of the SEPA migration". One of those profiting from this is the Walldorf headquartered company TIS with its SEPA "Out-of-the-Box" solution. Early on, TIS foresaw the treasury trends of today and offered cloud-based payment transaction systems that include solutions matched to the current needs in mandate management, bank account management, bank transaction management and bank fee controlling. Numerous new customers confirm that the company chose the path to success.

TIS is the leading cloud platform for management of enterprise-wide payment processes ranging from liquidity control to bank relationship management. The SEPA "Out-of-the-Box" solution from TIS processes all major bank connection protocols, channels (Host-to-Host, SWIFT or EBICS) and formats and automatically converts these to conform to the applicable SEPA guidelines. An integrated Direct Debit mandate management system centrally monitors and controls all global mandate processes. In 2013, a great number of companies exploited this option to make themselves SEPA-ready without the need for tedious and complicated IT projects.

Globally active concerns, such as DACHSER, Fujitsu Technology Solutions GmbH, Heidelberger Druckmaschinen AG and Swiss International Air Lines, are already daily using TIS solutions and profit from decreased costs and increased transparency in their international payment transactions as well as in the administration of their bank accounts. Within the framework of its SAP roll-outs in 2013, the logistics service provider DACHSER implemented the TIS Cloud Platform for payment transactions with many countries – Switzerland, Denmark, Sweden, Norway, Austria, the Czech Republic and Hong Kong. Additionally undertaken was a SEPA project involving migration of a multitude of bank accounts, principally in Germany.

TIS was also able to win over many other well-known medium-sized enterprises as new customers in Germany during 2013. These companies employ the TIS Cloud Platform to centralise their payment transactions and thereby put into practice straight-through processing, cashflow transparency and adherence to compliance guidelines. TIS likewise augmented its international clientele, for example, when Tullow Oil in the UK opted for integration of TIS products in its operations.

Last year, TIS expanded its cloud-based payment transaction platform to include mandate management. In doing so, mandates are completely liberated from the ERP system(s) and bundled in a payment transaction solution that runs as a central process. The TIS Cloud Platform thus enables companies to centralise their mandate management in an audit-proof manner and irrespective of the ERP system(s) used.

The highest priority of TIS is the security of its cloud solutions: As a result of ISO 27001 certification, the TIS Cloud Platform meets the highest industry standards. Compliance to demanding international security standards is guaranteed by regular testing and auditing of an information security management system (ISMS).

In order to inform new customers and interested parties about current topics, TIS regularly stages webinars with external experts. Details and registration information are available at http://www.tis.biz/de/events/tis-webinare/.

About TIS

Founded in 2010, Treasury Intelligence Solutions GmbH (TIS) develops, sells and operates solutions for international payment transactions, liquidity management and bank relationship management. These are suited for companies with multiple bank connections who want to better manage their cash flow complexities. Thanks to complete implementation as Software as a Service solutions, the cloud solutions from TIS are simple to use and up-and-running quickly without any tedious IT projects or high upfront costs. Behind the scenes of TIS is a team of dedicated, competent and experienced Treasury experts, software architects, developers, sales professionals and SaaS solution operation specialists as well as managers with international experience. As an official SAP Partner, TIS is certified to ISO Standard 27001 (information security).

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Sometimes I write a blog just to formulate and organize a point of view, and I think it’s time that I pull together the bounty of excellent information about Machine Learning. This is a topic with which business leaders must become comfortable, especially tomorrow’s business leaders (tip for my next semester University of San Francisco business students!). Machine learning is a key capability that will help organizations drive optimization and monetization opportunities, and there have been some...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.