As a global leader in adhesive solutions, tesa operates in over 100 countries and serves industries worldwide with innovative bonding technologies. Managing treasury operations for such a decentralized organization was complex. Multiple ERP environments, disparate e-banking tools, and manual processes created inefficiencies and compliance risks. tesa needed a way to bring clarity and control to its financial operations.
Why Change Was Needed
Before partnering with TIS, tesa’s treasury faced a fragmented banking landscape. Numerous bank relationships, manual workflows, and inconsistent data formats slowed operations and increased risk. Real-time visibility into global cash positions was limited, making strategic decisions challenging and time-consuming.
- To overcome these hurdles, tesa aimed to:
- Enable faster, data-driven decision-making
- Consolidate banking relationships and payment processes
- Automate workflows to reduce errors and costs
- Improve liquidity management and compliance
Efficiency That Sticks: A New Standard for Treasury
TIS provided a centralized, cloud-native platform that automated payment processes and standardized formats across the organization. By leveraging TIS’s connectivity and expertise, tesa streamlined operations, improved visibility, and reduced complexity—creating a treasury framework built for global growth.
Key Outcomes:
- Bank relationships reduced by over 50%
- 90% of liquidity concentrated at core banks
- 85% of payment volume processed via core banks
- £1M+ one-time cost savings during global SAP ERP rollout
Today, tesa’s treasury team operates with confidence and clarity. By consolidating banking relationships and automating workflows, tesa has achieved measurable efficiency gains and cost savings.
Ready to make your treasury stick? Download the full success story to learn more.
