|By Business Wire||
|September 12, 2013 05:18 AM EDT||
The SAP-certified TIS Cloud Platform now also enables SEPA-compatible payment transactions for the SAP cloud solutions "Business ByDesign®" and "Financials OnDemand". Moreover, the solutions from TIS are now available in the SAP Online Store. It's fast and easy to purchase TIS solutions online. With the payment transaction solutions from TIS, now even customers using Business ByDesign® and Financials OnDemand can migrate all their payment processes to an efficient, secure and economical cloud environment. In this way, customers will optimise their payment transaction systems and make them SEPA-compatible as well as optimising their liquidity and bank relationship management systems.
TIS has been and is a certified SAP partner for many years and offers the leading cloud solution for managing enterprise-wide payment processes. TIS bundles all enterprise-critical bank connection processes in one single platform that is compatible with all major banks and which is 100% audit-proof.
Companies use the functions via the Internet – without expensive IT infrastructure and with costs billed transparently each month. TIS Cloud Solutions enable companies to not only perform their payment transactions more economically, but also more securely and thereby fulfil compliance requirements: Business ByDesign® users no longer need to locally save cash-out files and then transmit these to the bank. In practice, payments are initiated in the SAP environment and then directly transferred to the TIS Cloud Platform; and, in the other direction, account statements from the bank go to TIS and are retrieved there by Business ByDesign®.
With the inclusion of users of the SAP Online Store, TIS has now gained access to a major customer potential source among SAP users.
TIS is the leading cloud platform for payment transactions, liquidity management and bank relationship management by companies. TIS makes payment transactions by companies more efficient, more secure and more economical. All processes associated with payment transactions – including liquidity management, transaction status, signing authorisations and bank fee management – are built into one single multiple-bank-compatible, audit-proof platform. TIS takes care of the differences in payment formats, communication channels with the banks and the ERP integration. TIS solutions are offered as Software as a Service (SaaS) and can therefore be rolled out rapidly and without the complexity and costs generally accompanying tedious IT projects. TIS is certified according to ISO Standard 27001 (information security) and is an official SAP partner.