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The addition of yet more new customers indicates that: the need for cloud-based solutions specialised for international payment transactions : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. , liquidity management : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. and bank relationship management : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. is growing substantially throughout all branches of commerce and industry.
TIS GmbH, headquartered in Walldorf Germany, has again continued its successful business development in this year's third quarter. TIS achieved high sales growth, further technically developed its Cloud Platform : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. for payment transactions, liquidity management and bank relationship management in regards to user-friendliness, and won yet more new prestigious customers.
Subsequent to expansion of business activities in Benelux via founding of a new subsidiary in Amsterdam, the new
medium-term goal is expansion to the UK. The current positive business development of TIS has considerably enhanced its attractiveness for potential new investors.
The demand for ERP integrated, cloud-based solutions for payment transactions, liquidity and bank relationship management has become greater, particularly in view of the upcoming SEPA migration deadline.
And this need spans all branches of industry and commerce, which is evidenced by the range and variety of TIS new customers in the third quarter of 2013 – they represent a highly diverse sampling from the business world.
The plant engineering M+W Group, headquartered in Stuttgart, has been ideally prepared for the introduction of SEPA with the implementation of the TIS "SEPA Out-of-the-Box" solution. Via the TIS Cloud Platform, M+W can now easily integrate diverse ERP systems and banks into the SEPA payment transaction process.
In the future, TIS will also be cooperating with Curanum AG, a service provider concern specialised in residential and care centres for senior citizens. As a daughter company of the French group Korian S.A., Curanum belongs to the largest European nursing home group. The TIS Cloud Platform is to be rolled out in multiple steps within the concern. In implementing the TIS Cloud Platform, Curanum optimises its payment transaction processes and ensures both transparency as well as monitoring of its bank relationships and fees.
In particular, the topic of bank fee controlling is becoming increasingly more important for TIS customers. Jörg Wiemer, CEO of TIS and former head of Global Treasury at SAP: "Since the 'Bank Fee Manager' is an integral component of the TIS Cloud Platform, companies can automatically check electronic invoices sent by the banks. Use of the 'Bank Fee Manager' enables a comprehensive and gapless check of whether the bank invoices correspond to the contractual agreements. This step can play a significant role in reducing bank fees."
TIS devotes special attention to Bank Relationship Management in the fourth quarter of 2013. On 30 October 2013, a webinar : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
revolving around this topic will take place in collaboration with the specialist trade journal "Der Treasurer". Martin Postweiler, the new Product Manager for TIS, will present the Bank Fee Manager as a strategic solution that not only saves bank fee monies, but also optimises processes over the long-term and even assists in improving the customer-bank relationship. "In our webinar, we will demonstrate basic approaches showing treasurers how they can increase transparency and reduce costs in just a few steps".
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 : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
(information security) and is an official SAP partner : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
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Treasury Intelligence SolutionsHeidi JunghansMarketing
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