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Accounting & Shared Services
The correct key figures at any time .

At last we have an overview! Accounting and shared services benefit from the use of the TIS payment solution, in particularly maintained data and a correct financial overview.

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Transparent processes

Standardization and automation are leading to clear structures.

Accurate numbers

Meaningful analysis is based on precise data entries.
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The best safeguard

Standardization and transparency reduce compliance risks.

Simpler reports

Load ready-made reports instead of preparing a manual data evaluation.

Banking jungle.

The struggle with too many accounts.

Accounting departments and accounting shared services are responsible for calculating and consolidating financial figures. This is not so straightforward at all for international companies in various countries with several currencies, e-banking tools and payment formats. And, above all, it is risky. Data quickly becomes non-transparent, which may lead to incorrect key figures – something that those in charge dread. TIS therefore provides a solution which ensures that this confusion becomes orderly and that compliance and fraud risks are eliminated: the TIS Bank Account Manager.

Benefits of the TIS Bank Account Manager.

Structure, security and clear figures:

Standardization & automation of all payments
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Centralization: A platform with all e-banking links
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Direct communication: Straight-through processing for less time required
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High security: Minimization of manual errors and protection against fraud and compliance risks
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Cost-efficient: With Pay-Per-Use, you only pay for what you require, thus saving unnecessary costs

OSRAM Licht AG had planned to organize an international payment transaction, which was evaluated as incredibly extensive. The TIS Bank Account Manager supports and protects the company from security gaps and undetected potential vulnerabilities. Since the start with TIS, the accounts department has been able to greatly view and evaluate the amount of the clients’ cash flow via various bank accounts and ERP systems during a given period. It also provides them with much faster and efficiently processes, in comparison to the previously utilized heterogeneous systems. The saved resources are used in a more effective way: To make further strategic improvements and develop one’s own services.

OSRAM Licht AG had planned to organize an international payment transaction, which was evaluated as incredibly extensive. The TIS Bank Account Manager supports and protects the company from security gaps and undetected potential vulnerabilities. Since the start with TIS, the accounts department has been able to greatly view and evaluate the amount of the clients’ cash flow via various bank accounts and ERP systems during a given period. It also provides them with much faster and efficiently processes, in comparison to the previously utilized heterogeneous systems. The saved resources are used in a more effective way: To make further strategic improvements and develop one’s own services.
120 countries. 318 bank accounts. 170 banking partners: 42 currencies OSRAM Licht AG and TIS.
120 countries. 318 bank accounts. 170 banking partners: 42 currencies OSRAM Licht AG and TIS.
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Compatible. Flexible. Web-based.

A solution that adapts to your processes.

The TIS Bank Account Manager, as all of the TIS modules are all web-based and therefore flexible for adjusting SSC and ERP roll out projects. Integration works by using a TIS Certified plug-in which simply connects the management solution to previous ERP systems. Saas technology enables the platform to be used worldwide within a few days. This saves you from time-consuming and costly IT projects and project management complexity. There are also no maintenance costs given that everything is regulated by TIS. Thus, you can reduce the burden on your IT, save costs, and organize your payment and transaction processes in a more efficient way.

Company Analysis

Company Analysis

Your data are secure.

Multiple certifications. Regularly inspected.

Payment data must be protected in a special way. Regularly inspected and certified data centers, reliable information technology and the assurance of defined security standards are therefore the basis of the TIS global cash management solution. SOC 2, a report by external experts, ISO 27001 and many other certificates demonstrate that we take security seriously. In order to describe our security measures extensively, we have prepared an additional information page that explains all certificates in detail.

We are happy to help you with your business case.

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