SYS-CON MEDIA Authors: Charles Jolley, Trevor Parsons, David H Deans, Aria Blog, Liz McMillan

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
SYS-CON Media announced today that Sematext launched a popular blog feed on DevOps Journal with over 6,000 story reads over the weekend. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting an...
AppDynamics Blog on 'DevOps Journal'
ScriptRock makes GuardRail, a DevOps-ready platform for configuration monitoring. Realizing we were spending way too much time digging up, cataloguing, and tracking machine configurations, we began writing our own scripts and tools to handle what is normally an enormous chore. Then we took the concept a step further, giving it a beautiful interface and making it simple enough for our bosses to understand. We named it GuardRail after its function - to allow businesses to move fast and stay sa...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada...
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.