Systematic Workflow Compliance & Real-Time Alert Management
As TIS manages payment compliance and security on behalf of our clients, we provide an automated workflow for personnel to review alerts, address issue resolutions, and systematically monitor all user activity within the platform. In addition, our workflow compliance services help clients track critical information related to account ownership, availability of funds, and whether there are any outstanding compliance or security issues tied to specific accounts or beneficiaries within their global vendor, partner, and entity networks.
Global Compliance & Fraud Alerts
Approved admins and users can monitor all security and compliance alerts centrally within TIS. Multiple sanctions and security alerts can be assigned to payments depending on scan results.
Automated Real-Time Updates
TIS provides 24/7 around-the-clock updates and alerts. Alerts provide coverage of system, user, and payment-level notifications and workflows.
Standardized Workflow Compliance
Control and standardize workflows related to account ownership, availability of funds, and effectively manage compliance and security issues tied to specific accounts or beneficiaries within your vendor, partner, and entity networks.
Simplified Resolution Management
Multiple users can be assigned to manage alerts and determine a resolution. Flagged payments can either be re-approved, halted, or labeled as false positives and executed.
False Positive Management
Smart logic within the solution helps reduce future false positives based on user confirmations. Tools for beneficiary safelists and blocklists also reduce false positive rates.
Systematic User & System Monitoring
In addition to monitoring payment workflows, TIS users can also control and audit user actions within the platform to identify suspicious activity and review issues.
“The fact that the TIS platform resides entirely inside the cloud means an even higher level of security. SAP directly transmits the encrypted payment files to the TIS server for further processing. This prevents malicious manipulation because the files are not on company servers.”
Markus Stenkamp, Head of Treasury at Imperial Logistics
“In the past, the diverse manual steps presented a potential source of risk and error. Since we introduced TIS, all our payment runs are fully automated and standardized, which makes our work much easier and increases efficiency. Given that Swissgrid is a system-relevant company in Switzerland, for us the security aspects of an Electronic Banking solution is highly relevant. TIS completely fulfils these requirements.”
Andreas Lützelschwab, Head of Corporate Finance & Treasury at Swissgrid
“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 system & user alert management capabilities
The TIS team regularly fields questions from CFOs, treasury, and finance practitioners regarding the use of our system and user alert management features. More information about components related to these capabilities 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.
