Bank Account Management for Treasury & Finance
A Unified Platform to Track & Manage Global Bank Account Information
Clients can use TIS as a global library for all of their bank account data and associated beneficiary, address, and signer details. TIS also enables clients to track all their open and closed accounts, assign and manage signers over specific accounts, and develop user-defined fields to track unique information, such as regional or local entity data.
Finally, TIS offers customization for users to organize their account structures by region, entity, country, etc., and provides automated workflows for reporting on any of the above data sets for expedited analysis and upkeep.
Manage Account Signers
for specific banks, accounts, entities, and more. Easily add or remove signers over time and audit signer activity to ensure workflow and policy adherence.
Store Beneficiary Data
across your global network of banks and accounts, including the information of your suppliers, vendors, and business partners, as a single source of truth.
Track Open & Closed Accounts
across all bank relationships for a 360-degree view of account activity. Track and monitor updates to bank account statuses in near-real-time with drill-down capabilities.
Aggregate Global Account Data
and integrate with your back-office ERPs, TMSs, and other systems to seamlessly transmit relevant data to other parties for better reporting, visibility, and upkeep.
Access Dynamic Reporting Features
to track any aspect of your banking or account structure, including by customizable parameters for reporting by region, bank group, entity, or even in-house or cash-pooling structures.
Better Manage Compliance & Security
by maintaining a globally updated view of all bank account, beneficiary, and signer statuses across the company. Audit and track activity to ensure compliance, security, and conformity to standard company policies and procedures.
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 Siemens Gamesa Project
Siemens Gamesa uses TIS to harmonize their extremely complex and siloed banking landscape on a global scale, across all 235 legal entities and 85 countries.
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 decided 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) solution
The TIS team regularly fields questions from CFOs, treasury, and finance practitioners every year regarding the use of our bank account management solution and the benefits and advantages it brings. More information about components related to hosting, 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.