Optimized U.S. Payments for ACH, Virtual Cards, Checks, & Wires
TIS offers advanced cost-efficient routing of payments across North America to optimize our clients’ execution and reporting of payments within the region. This solution works by evaluating a company’s supplier and partner network alongside their preferred payment methods to determine the most effective option for completing transactions in each scenario, such as via check, ACH, wire, or virtual card.
As a component of this service, TIS simplifies an organization’s use of diverse local payment methods by managing all activity through a single payment instruction file that can delineate who is being paid, which invoices are being paid for, what the execution dates are, and more. And finally, TIS affords the opportunity for clients to earn rebates on each payment made through the program and assists with supplier onboarding to ensure maximum participation.
U.S. B2B Payment Optimization
Efficiently manage your entire network of U.S. B2B payments through a single channel that supports all required payment options and channels.
Streamlined Transaction Routing
Clients can send a single payment instruction file to TIS for managing the full scope of transactions within a given timeframe, across all suppliers and payment options.
Attractive Rebate & Cash-Back Programs
Organizations can achieve significant rebates on applicable payments made through our network, especially when using virtual cards for supplier transactions.
Assisted Supplier Onboarding
TIS and our niche partners can assist organizations with onboarding their U.S. suppliers and vendors to our program to ensure maximum participation and optimal results.
Simplified Payment Reporting & Analysis
TIS can simplify the reporting and reconciliation of payments made through our network by capturing and transmitting files and statements from bank directly to client back-office ERPs and TMSs.
Supports ACH, Check, Card, Wire, & More
Today, TIS supports the full spectrum of U.S. B2B payment options required by organizations including wires, checks, ACH, card / virtual card, and more.
Frequently asked questions (FAQs) about our U.S. B2B payments capabilities
The TIS team regularly fields questions from CFOs, treasury, and finance practitioners regarding the use of our U.S. payment solutions and the benefits and advantages they bring. 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.