Automated & Efficient Bank Statement Management
Effortlessly Receive & Transmit Bank Statements Across Your Global Network
TIS can receive statements from any of an organization’s banking partners or account structures globally and automate their transmission to any back-office ERP, TMS, AP, or similar system for streamlined reporting and data analysis. TIS can support the transmission of statements in any format, including FIN messages (e.g. MT940) as well as ISO 20022 messages (e.g. CAMT) and other regional or legacy variations.
The receipt and collection of these statements ultimately helps facilitate globally automated cash reporting, reconciliation, and other important tasks for our users and clients.
Automated Format Translation
enables seamless reformatting of message types to suite the preference of the sender or receiver, including for SWIFT MT, ISO 20022, and any regional or bank proprietary options.
Global Statement Aggregation
via automated connectivity across your global banking relationships for easy management, reporting, and analysis of data through a centralized and unified cloud platform.
Streamlined Back-Office Reporting
via configurable integrations with ERPs, TMSs, and other platforms so that all stakeholders – including accounting, treasury, finance, and even the CFO – can quickly and easily get the information they need.
ERP, TMS, & Bank Integration
functions are managed by our in-house team of experts along with a specialized group of onboarding partners to ensure clients are never overwhelmed by complex IT tasks.
Simplified Bank Connectivity
can be configured for each bank relationship via any diverse range of options, including SWIFT, EBICS, API, SFTP, and more! Today, TIS actively maintains 11,000+ bank connect options.
Gain Global Visibility
and same-day or near-real-time control over bank statements to facilitate improved reconciliation, financial reporting, and cash positioning functions without an overreliance on Excel or individual banking portals.
The Archroma Project
Archroma’s treasury team uses TIS as a direct replacement of their formerly disparate setup consisting of 15+ e-banking tools.
The ContourGlobal Project
See how ContourGlobal’s treasury team used TIS to complete a comprehensive bank connectivity project involving 60 banks and 800 accounts in under 9 months.
The Encavis Project
Encavis adopted the TIS platform in order to centrally manage their large portfolio of globally distributed bank accounts.
“The TIS solution is ideal for us, because it means we only have to operate one channel instead of the 15 various e-Banking tools used to date. The fact that the solution is completely web-based brilliantly suits our principle strategy to operate our IT systems exclusively through outsourcing.”Bas Coolen, Group Treasurer, Archroma
“Jacobs Douwe Egberts is operating with more than 30 banks globally. We needed a partner that was well established and has a lot of experience with our main banks. And that’s why we have come to choose TIS.”Bob de Graaf, Global Treasury Operations Manager at Jacobs Douwe Egberts
“The TIS solution optimally supports our massive growth strategy. Thanks to the centralized platform, we can manage our large bank account portfolio with a high level of transparency, even with a relatively small team.”Marcel Otten, Head of Corporate Treasury & Finance at Encavis
Frequently asked questions (FAQs) about our Bank Account Management (BAM) & Bank Statement Management solutions
The TIS team regularly fields questions from CFOs, treasury, and finance practitioners regarding the use of our bank account and bank statement management solutions. More information about components related to configuration, setup, reporting, integrations, and more are covered in the FAQs below. We encourage you to contact our team with any additional questions to ensure you understand exactly how our solution can be applied in your unique environment.