A Dynamic Tool for Treasury’s Cash Forecasting Operations
The TIS cash forecasting solution works by pulling global cash, banking, and payments data into our system and supplementing it with forward-looking AP, procurement, and sales data to provide a comprehensive evaluation of anticipated short and long-term cash positions. Forecasts can be evaluated through variance and scenario analyses and reviewed according to any time period. TIS also provides drill down capabilities so that users can view the impact of specific variables and inputs within their forecasts.
Finally, TIS’ built-in smart logic analyzes forecasts over time and recommends improvements based on gaps in reporting or data quality. All of these capabilities are provided with enhanced analytics and visual reporting features so that users can quickly and easily determine their positions, gain valuable working capital insights, and share outcomes with other departments and business leaders.
Conduct Variance Analysis
on cash forecasts through a series of visual dashboards and interfaces to evaluate accuracy over time and to uncover the root cause of any deviations from predicted balances.
Use Drill-Down Tools
to evaluate any underlying variable of your forecasts in order to identify granular details related to any vendor, entity, region, bank, or time period.
Analyze Any Time Horizon
for your cash forecasts and run numerous forecasts of different lengths at once to gain the most accurate and strategic insights required, including daily, weekly, monthly, and more.
Integrate the Back-Office
with our cloud-based forecasting software, including any TMSs, ERPs, and AP or Procurement systems, in order to enhance automation and visibility for your forecasts.
Apply Advanced Smart-Logic
across your cash forecasts to identify gaps in reporting or anomalies with cash flows in order to continually refine and improve performance over time.
Gain Global Visibility
to cash flows across all your vendors, partners, entities, bank accounts, and back-office systems for a 360-degree view of current and future liquidity.
Award-Winning Cash Forecasting Solutions
TIS cash forecasting solutions are actively leveraged by numerous Fortune 500 companies, many of whom have been recognized through recent industry awards ceremonies for their ability to save millions of dollars annually through improved liquidity, working capital, and cash management capabilities.
Kellogg’s Cash Flow Forecasting
See how the Kellogg’s treasury team used TIS to transform their forecasting process and save millions of dollars annually.
TomTom Cash Flow Forecasting
The TomTom treasury team adopted TIS in order to improve the accuracy of their forecasts and conduct enhanced variance analysis globally.
Unilever Cash Flow Forecasting
Unilever selected the TIS cash forecasting solution because it provided the most robust global cloud forecasting tool available.
“TIS’ CashOptix was one of the pillars of our cash forecasting and working capital project to turn Dawn Foods into a more cash-oriented company. Moreover, it has made Finance a better business partner and improved cross-departmental cooperation. Since its setup, it has led to millions of dollars in savings.”
Bart Messing, European Treasurer, Dawn Foods
“We had great support from the TIS team. It is equally important that the banks also see it as an opportunity to integrate it from an operational point of view.”
Gerard Tuinenberg, Director Systems, Innovations, and Transactions Banking, Unilever
“The business case for implementing CashOptix has become clear. Time spent on compiling forecasts and reports has easily decreased by 70%, human intervention is reduced and subsequently operational errors have all but disappeared. The streamlined process also means no more delays to our forecasting or reporting. Overall we are delighted by the forecasting experience with TIS.”
Riana van der Merwe, Head of Treasury, TomTom
Frequently asked questions (FAQs) about our cash forecasting platform
The TIS team regularly fields questions from CFOs, treasury, and finance practitioners regarding the use of our cash forecasting 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.
