Payment Data
We can fully see and segregate the outbound transactions. We are also able to ensure that confidential payments remain that way.
Overview
What is TIS (Treasury Intelligence Solutions)?
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…
Learn from top reviewers
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 Connectivity. This was part of a project to set...
Paul Trainer
Consultant - Information Technology
Director and Founder
Huntergate Consulting
2 years of experienceIt is the solution for cash flow analysis.
Treasury Intelligence Solutions has features that increase the speed of making outgoing payments with financial data and prices. It is software that is capable of robust cash ...
Happy Treasury Intelligence Solutions (TIS) customer
Treasury Intelligence Solutions (TIS) is our preferred tool for Bank connectivity globally.
Palle Dedenroth
Director - Finance and Accounting
Assistant Treasurer, Head of Treasury Operations
Danfoss
5 years of experienceTreasury Intelligence Solutions (TIS) Review
We experienced the serviecing customer project related to build of joint corporate treasury system. It was existing legacy system used FTP server connections and SAS Institute...
Andrey Lokshin
Analyst - Research & Development
Senior Financial Analyst
Team Harbour, Inc.
1 year of experienceImplementation underway, but so far so good
We plan to use Treasury Intelligence Solutions (TIS) as a Connectivity Hub, with all payments originating from various systems routed to Treasury Intelligence Solutions (TIS) ...
Nicolas Garcia
Director - Finance and Accounting
Director of Treasury Technology
UPS
1 year of experience
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How TIS (Treasury Intelligence Solutions) Differs From Its Competitors
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What is TIS (Treasury Intelligence Solutions)?
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…
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is TIS (Treasury Intelligence Solutions)?
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 .
TIS (Treasury Intelligence Solutions) 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
TIS (Treasury Intelligence Solutions) Video
Introducing the TIS Service & Solution Suite
TIS (Treasury Intelligence Solutions) Integrations
TIS (Treasury Intelligence Solutions) Competitors
TIS (Treasury Intelligence Solutions) Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android |
TIS (Treasury Intelligence Solutions) Downloadables
Frequently Asked Questions
Kyriba, Bottomline Digital Banking and Payments, and GTreasury are common alternatives for TIS (Treasury Intelligence Solutions).
Reviewers rate Financial Fraud Prevention highest, with a score of 8.1.
The most common users of TIS (Treasury Intelligence Solutions) are from Enterprises (1,001+ employees).
TIS (Treasury Intelligence Solutions) 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 From Top Reviewers
(1-2 of 2)
Happy Treasury Intelligence Solutions (TIS) customer
Rating: 10 out of 10
March 13, 2023
PD
Vetted Review
Verified User
5 years of experience
Treasury Intelligence Solutions (TIS) is our preferred tool for Bank connectivity globally.
- Treasury Intelligence Solutions (TIS) system helps us standardize our payment processes.
- Treasury Intelligence Solutions (TIS) reduces the admin task related to online banking/access to multiple banks and improves the overview at the same time.
- Treasury Intelligence Solutions (TIS) is connected to a large number of banks and has a large format library that makes it fast and easy to connect to banks.
- Treasury Intelligence Solutions (TIS) gives an overview of liquidity / Cash Positions on a global level.
- Responsive support function.
Cons
- The BAM module could be more flexible and easier to use.
- Perhaps the system looks a little old fashioned.
84%
8.4
- 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.
It has been easier to align processes and to centralize follow-ups.
It has been possible to limit the need for access to local banking platforms and to manage the majority of payments from a single platform.
Have used SAP BCM & Swift connectivity - Treasury Intelligence Solutions (TIS) is a lot easier to use from a user admin perspective.
200
Finance & Accounting across our global setup.
4
Treasury or Accounting background.
- Connecting ERPs to banks (Bank Connectivity)
- Managing Payment formats
- Global overview of bank accounts
- Global overview of users with access to bank accounts
- Treasury have full overview of global cash positions
- It has significantly reduced the need for access to banking portals.
Yes
TIS replace SAP BCM and SWIFT connectivity.
- Price
- Product Features
- Product Usability
I believe that there is more alternatives in the market today compared to when we decided to go with TIS, but at this point I don't think these options are at the same level.
- n.r.
- Implemented in-house
Yes
The initial setup was done Bank by Bank.
- Not all our needs was available when our implementations started, but this was solved within reasonable time.
- Online Training
No, don't see a limited need for configuring the system.
No - we have not done any customization to the interface
No - we have not done any custom code
No.
No.
No
Every time we have a question we get excellent support.
- Approval process
- Manual Payments
- Setup new banks is a little more complex than the ordinary use.
- SAP
- Oracle
- Navision
- Misc. Payroll systems/providers
All in all it has been easy to integrate to all systems - although with variations.
- not relevant
- File import/export
- Single Signon
Due to a large library of banks and payment formats, I would - as for all projects - recommend to make a clear scope before starting a connectivity project.
Yes.
Ensure you have a clear picture of your scope. You often get a better price if you by more in one go (does not only count for TIS).
Yes
TIS is a cloud based system why TIS is doing the upgrade on their side without us needing to be involved.
- Ongoing system improvements
- No particular expectations
- In general that TIS will continue update payment formats etc. when needed
No
No
Treasury Intelligence Solutions (TIS) Review
Rating: 9 out of 10
March 10, 2023
AL
Vetted Review
Verified User
1 year of experience
We experienced the serviecing customer project related to build of joint corporate treasury system. It was existing legacy system used FTP server connections and SAS Institute processing server to get for 12 reporting entities capability to consolidate data into net financial position. The task we had was a selection of treasury menagement system and Tresury Intelligence Solutions (TIS) was considered as compared to SAS, Sungard, Wall Street Systems, SAP which will lead not only for consolidated dash board tracking but to active use and adopt best risk management practise on market applicable for mining industry operating in 4 jurisdictions (UK, Switzerland, US, EU) and 7 countries. So the aim is to switch from passive to active cash flow management strategies and reduce manual data processing.
- Based on experience of large insitutions (Deutsche Bank, UBS, HSBC)
- Payment details verification of counterparty to avoid errors
- Multiple account data consolidation
- Compliance module: track data
- More then 140 counties available to integrate accounts (local IBAN accounts)
- Readable dash board
- Different treasury roles set up
- Cloud security
- Available API
- Master user account
Cons
- Improved VaR risk module to apply to cash balances exposure
- Currency risk controls - volatility forecast
- Trading platforms connectivity - hedging capabilities for SWAPtions
- Probable ripple integration to make settlemets faster versus t+2
- Compliance: not only track sanctions, payment details but get Credit Score of counterparty
- Chinease counterparties details (state banks do not share) - fraud risk depreciation
- Loans offering page
- Direct banks chats - push to send message to operator
85%
8.5
- 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).
Neutrally. It just makes flow error less. Reduces risks of errors or inproper in terms of complience counterparty (sanctions lists) but it did not manage volatility (VaR, Montecarlo simulations and Swaptions use for credit lines ) neither manage counertparty credit risk. If it is not available to show banks credit list to 3 party, I guess it is possible to set marker f.e. L/C available (letter of credit counterparty can open at you behalf). That market will be worth of a thousand words and a couple of procedures.
We are planing 10% treasury department headcount decrease in 2024.
Treasury Intelligence Solutions (TIS) is fully cloud based (versus Sungard, Wall Street Systems) and covers most cruicial functionality: cash collection from multiple subsidiaries and distribution. It does not fit well with cash balances risk management but the system (Treasury Intelligence Solutions (TIS) is evolving and will grow to full scale treasury tool. Best choise for middle sized company to manage flow for several subsidiaries via Master User role in system. There is API, it makes you plan further integrations and data connectivity.
5
SAP emplementation outstaffed team (pm, ba, developers, strategy analyst) to serve out customer need of establishing treasury management function. The problematics have arrived to us is that problem is more in commercial field: 1) should you pay for 2 separate projects of ERP sytem and Treasury management system OR 2) should you buy ERP system which includes TMS functionality and risk management module. That is what sometime leads to mismanagement or delays in implementation we are witnessing in respect to TIS customer decision.
It is mostly for side of full time staff of our customer. We are remote ousourcing center with extensive expertise in treasury managemet, ERP systems, SCADA and big data processing. The main benefit of Tresury Intelligence Solution is that it is cloud native solution, so 1) the mainetnance of it is optimised for number of personnal versus on-premises system 2) TIS is expanding functionality organically [first payments and net position management next forecast and compliance tools], each step is well tested and all customer experience appraised before launch of next stage for improvment. It gives the most valuable for treasury feature - reliability, in brief - the cash balance you see is precision quality figure and you can trust it. TIS does not want to impress you with a kind of magic or promises, it gives you core functionality cruitial for tresury - money at the end of day, week, any eop. We will learn more about certifications and probably offer to help with support.
- consolidated cash balances and net financial position monitoring
- cross payments for the group of companies
- control of payment function from joint corporate center
- wide variety of bank accounts and regions are supported
- SAP sertified partner / matches to existing ERP systems
- we expect to deliver through API full connectivity to ERP
- we expect to merge the custodian accounts functionality
- we expect to estabish IFRS MATURITY reporting for A/P A/R
- we expect to establisv IFRS FX Exposure for cash balances [prompt update]
- we expect to establish CAPEX control module
- we expect to establish working capital functionality to track logistical issues [Amazon Transportation Cloud]
- we are going to set scenario management tools "what if"
- looking for API to get credit risk tools imported
Yes
We had as an outstaffed team to deal with separate options of systems been legacy one. We experiences migration from Oracle based TMS to TIS, migration from Bitrix to TIS, SAS Institute FTP exchange to TIS, SAP Small Business to TIS. Those systems does not have such extencive coverage of locations and banks to be integrated that is why it took time to add counterparty and lead to errors or missing data.
- Price
- Product Features
- Product Usability
- Product Reputation
- Prior Experience with the Product
The most important factor is reliability of core treasury functionality - errorless, stable, cloud native and fast payments execution. The most important functionality for tresury is to make payments in rhytmic manner according to forecast, detect deficits and rapidly act to cover with credit facilities. The works well in TIS. The next stage TIS I suppose will improve risk management functionality.
No, it it true, but I would like to get a kind of wow fator to revert with TIS risk management updates. It would be great if implemented the functionality. So, less reliable on cost control companies (servieces, logistics) who does not need to implement ERP would focus more on Tresury Intelligence Solutions as core liquidity management provider. The industrial companies are more focused on ERP so it will be hard to choose two systems for one business process, meaning more time and money invested.
- FinTech solutions: sold package of banking serviece and TIS SaaS
- Ripple accounts integration
- Custody accounts integration
- Derivative accounts integration
We are outstaffed team so we do not make final decision about premium support. I suppose it makes sence, but not only for technical issues but with the domain knowledge of bankig, treasury, GAAP, risk management and business intelligence. I would name in this case Support as a Serviece - customer will get ipact of a team member size but for the fraction or serviece price.
No
The main and exceptional support is - large quantity of users, so there is much of users who know the TMS and every your new team member with 50% is aquainted with it and ready to work from start reducing onboarding period.
- Cash management of group of companies
- New accounts integration
- Cash balances tracking and forecast
- Manage payments from joint treasury
- Spreadsheet formate and visualisation of data
- Value at Risk
- Derivatives exposure tracking
- Automated financial instruments transactions
- Scenario analysis
- SAP HANA
Full integrated, but 2 systems for 1 business process.
- Custodian accounts
- Derivatives accounts
- Trading systems to import transactions
- RPA automations for TIS
Yes, sure. The all of the best but depends on available budget.
- File import/export
- API (e.g. SOAP or REST)
Banking API with FIX/FAST protocol support. Trading platforms with Python API to automate transactions. Clearing member of ICE, CME, NYMEX to opt the use of currency options and track and automate securities transactions to trade overnight. Informationa systems providers with tick data for currencies to track exposure on accounts, with at least one hour delay or 15 minutes time frame.
Try it. Money never sleep so until you implement large, compatible ERP system you will enjoy your succesfull cooperation with TIS team and easy and reliable use of Tresury Intelligence Solutions. It is reliable to operate with cash flow of group of companies, has API capabilities, nice visualisation and efficient learning curve for your staff to be capable of quick and rational decision making with its help.