Company & Client Milestones

Celebrating 3 Major TIS Company & Community Milestones of 2023

5 Minutes
Isaac Zaubi
Isaac Zaubi

Since TIS’ founding in 2010, the culmination of each successive year has provided a welcome chance to quickly pause and celebrate the important achievements and milestones reached. Starting with a shared vision created by Joerg Wiemer and Erol Bozak nearly 15 years ago, the ensuing development and rapid expansion of Treasury Intelligence Solutions (TIS) into a world-leading provider of cloud-based treasury, cashflow, and payments software has resulted in many moments worthy of recognition.

As 2023 draws to a close, it is again time to highlight several of the most noteworthy successes achieved within our community over the past 12 months. Beyond welcoming many new colleagues, clients, and partners into our midst, there was also tremendous progress made on new product development, technology innovation, and overall company expansion. Whether it was deploying new interfaces across our cash forecasting software, expanding our suite of bank APIs, or launching the Vendor Master Data Screening solution, TIS has continued to drive industry transformation across the full breadth of our associated product suite. And while we do not have time to expound on every one of these milestones in granular detail, we hope that everyone who contributed towards TIS’ growth this past year can look back on their efforts with a sense of fulfillment and pride.

Now, we at TIS would like to congratulate those both internally and externally who positively impacted this year’s accomplishments, and invite everyone to join in celebrating another period of hard work before we turn our attention to delivering even more industry transformation in 2024.

7+ Industry Awards Won by TIS Clients for Treasury Technology Transformation

Starting with TeamViewer’s recognition in the 2023 Treasury & Risk Awards and ending with Pearson’s receipt of a 2023 Working Capital Award, TIS clients across a diverse spread of industries and geographies were awarded for their transformative projects involving the TIS cloud platform.

Given the global scope of these awards and prominence of the industry associations who oversee them, this level of recognition is testament to the significant efficiencies gained through projects undertaken by TIS and our clients — not just within a single area of operation but across numerous facets including cash forecasting, bank connectivity, corporate payments, implementation efficiency, and more. Compared to 2022, this represents a 50% increase in awards recognition, and we look forward to achieving even greater momentum in this regard alongside our clients and partners in 2024.

A summary list of our most prominent 2023 awards are as follows.


2023 Treasury & Risk Awards: Treasury Technology Excellence

TeamViewer deployed the TIS platform so that their small treasury team could improve core cash visibility, bank connectivity, and payments automation compared to their former Excel and bank portal dependent setup. The results saw them achieve 90%+ automation of global payments compared to just 40% formerly, as well as 96%+ daily cash visibility compared to just 33% formerly. TeamViewer was also able to achieve 100% unified connectivity across their back-office and banking landscape by using TIS, which is a major success considering there are just two treasury personnel available to oversee operations across 10 entities, 7 banks, 40 accounts, and a dozen countries. Read more about the TeamViewer project here

Siemens Gamesa

2023 Global Finance Awards: Best Treasury Management System

2023 EuroFinance Awards: Best Treasury Technology Implementation

Siemens Gamesa implemented TIS to harmonize their team’s extremely complex and siloed system landscape for payments and banking on a global scale, across more than 235 legal entities, 35 banks, and 85 countries. The results saw them eliminate more than 800 redundant bank accounts to save substantially on fees, achieve 100% daily visibility to cash balances across their new account structure, and automate 85%+ of all incoming payment bookings and cashflow information for collections. All told, this project was completed in under 30 months, which is remarkable for a project of this magnitude. Read more about the Siemens Gamesa project here.


2023 Adam Smith Awards: Best Cash Forecasting Solution

2023 EuroFinance Awards: Best Digital Transformation

Unilever selected TIS to help aggregate data across a complex web of global entities, banks, and back-office systems, with the goal of creating an optimized cash flow forecast and working capital analysis process. The results saw them achieve <10% variance in global forecasts at the 30-day range, ~$1.5 million in annual savings via improved working capital performance, and 1.6x more accuracy in cash forecasts at the 90-day range. Given the complexity of Unilever’s business structure with over 400 unique brands operating in more than 190 countries, this level of accuracy, efficiency, and cost-savings in the forecast process was a significant enhancement. Read more about the Unilever project here.


2023 Working Capital Award – Best Cash Forecasting Initiative

2024 Treasury & Risk Award – Best Liquidity Management Solution*

Pearson deployed TIS’ cash forecasting solution across their global banking and back-office infrastructure in order to achieve a major decrease in the need for debt financing, drastically improved working capital performance, and millions of dollars in annual savings. Ultimately, this project enabled Pearson to reduce their need for debt financing by more than $100 million due to improved cash flow orchestration and working capital performance. It also enabled significant time-savings in the forecast creation process for their treasury team. Read more about the Pearson project here.

35,000+ Active Users Supported Across the TIS Cloud Platform

Having started with less than 1,000 platform users in 2012, TIS ended 2023 with more than 35,000 corporate users actively leveraging our system. This exceptionally strong user growth is testament to the hard work of our customer success teams – as well as product and engineering – to scale and support this rapid expansion. With the ability to accommodate as many or as few users as required from each of the organizations we support, our strong user growth is testament to the value that our platform provides professionals across the Office of the CFO – including treasury and finance teams as well as personnel within AP, AR, IT, HR, and legal. And despite the challenges that such rapid growth in user counts can create, TIS’ professional teams have continuously provided around-the-clock support for all clients, regardless of their location, complexity, or size.

“Not only has TIS established seamless connectivity between all our existing banks, accounts, and back-office systems, but they’ve also introduced an easy integration approach for managing future M&A activity across new systems and banks. We are very satisfied with the result.”

Sabine Kießling, Director of Controlling & Treasury, TeamViewer 

This industry-leading level of service – which begins with onboarding and lasts throughout a client’s full product lifecycle – is why TIS has maintained a 9.5+ / 10 average rating from customers for multiple years running. Over the next few years, we anticipate equally rapid growth in user counts as the adoption of our cloud software increases, and as ongoing product development creates new automation and efficiency opportunities for the industry professionals who rely on us.

Read TIS Reviews from Active Clients on TrustRadius & Capterra!

85,000+ Client Bank Accounts Connected to TIS for Payments & Reporting

One of the main advantages associated with the TIS platform is the ability to track and manage global bank account information centrally, while also seamlessly managing the payments and cash flow activity occurring across each account. In 2023, TIS assisted clients who had just 1-2 bank relationships and 10 or fewer bank accounts, up to those with dozens of bank relationships and more than 1,000 accounts. But regardless of the unique scenario, TIS has become highly proficient at helping organizations achieve an automated and cost-effective approach to their banking, cashflow, and payment operations. This year, TIS was proud to maintain connectivity with over 85,000 individual bank accounts on behalf of our corporate and enterprise customers, which represents a 25% increase in account connectivity from 2022.

“The In-house Bank we built based on SAP APM and with the help of TIS has set a new benchmark in terms of automation and visibility of cashflows and payments. The whole project would not have been successful without the innovation skills and flexibility of TIS.”

Michael Faschang, Head of Treasury Systems, Siemens Gamesa 

In association with this milestone, TIS is also proud to continue supporting the full scope of bank connectivity options (APIs, SFTP, SWIFT, EBICS, etc.) and financial messaging formats required by our clients to maintain transparent, efficient, and automated banking workflows in today’s digital era. This year, TIS actively offered connectivity to 11,000+ potential banking options, registered more than 50 million unique payees across our platform, and will surpass $2.5 trillion in corporate client payment volume.

View More Top TIS Stats from 2023 in the Below Video!

Thanks Again to All Company, Community, & Industry Professionals Who Helped Make 2023 a Success

While the above milestones represent only a fraction of the broader successes that were achieved as a group in 2023, we would again like to thank everyone who contributed in any capacity towards this year’s growth. Finally, we would like to wish all our colleagues, clients, and partners a happy holiday and joyful new year, and cannot wait to see what new heights are reached together as a community in 2024!

All the best,

Your TIS Team

More About TIS

TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, our award-winning cloud platform and best-in-class service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation, and control. By streamlining connectivity between our customers’ back-office systems and their worldwide banks, vendors, and business partners, TIS enables users to achieve superior performance in key areas surrounding cash forecasting, working capital, outbound payments, financial messaging, fraud prevention, payment compliance, and more.

With over 11,000 banking options, $80 billion in daily cash managed, and $2.5 trillion in annual transaction volume, TIS has a proven track record of combining our unparalleled market expertise with tailored client and community feedback to drive digital transformation for companies of all sizes and industries. As a result, hundreds of organizations and thousands of practitioners rely on TIS daily to gain strategic advantage, monetize data, improve operational efficiency, and better manage risk.

For more information, visit and begin reimagining your approach to global cash flow, liquidity, and payments.

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