Treasury Intelligence Solutions (TIS) has launched Working Capital Insights, which integrates data from multiple sources to deliver working capital metrics and KPIs on one dashboard. TIS, once best known as a payments systems provider, acquired cash forecasting specialist Cashforce in June.
TIS says the new solution allows corporations to, 'Integrate their ERPs and corresponding AP and AR data with the solution in order to review payment terms and behaviour for vendors and customers, analyse invoice and billing activity, and measure all elements related to their net working capital status and cash conversion cycle.'
As a use case, TIS suggests users can evaluate DPO or DSO to identify discrepancies in payment behaviour across regions or customer groups, and could also analyse payment and invoice terms across their supplier base to look for extra efficiencies or adjustments.
Erik Masing, CEO of TIS, described the launch as, 'The perfect addition to our existing cash, liquidity, and payments management capabilities.'
TIS will share more details of this solution at Working Capital Forum Europe in Amsterdam on 1st December.
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