Case Study: ManpowerGroup (Manpower) achieves global treasury automation and daily cash visibility with TIS (Treasury Intelligence Solutions)

A Textbook Example of Treasury Automation with ManpowerGroup

Manpower is a global staffing leader with roughly $21B in revenue, 600,000 workers on assignment and about $1.5B in daily liquidity managed by a three-person treasury team. Facing fragmented ERPs, heavy reliance on Excel and bank portals, and a sprawling network of 150+ banks and 1,200+ accounts with under 25% daily visibility and multi-day delays for balances, Manpower selected TIS (Treasury Intelligence Solutions) as its Enterprise Payment Hub to centralize bank connectivity and automate payments.

TIS implemented a cloud-based payment hub connecting Manpower’s core banks (initially 15 banks and ~500 accounts) using SWIFT, H2H, regional rails and standards like ISO 20022, and integrated via APIs/plugins with GTreasury (TMS) and Oracle ERP to enable near-real-time payment files and bank statement feeds. The deployment drove a ~3x improvement in daily cash visibility (from <25% to ~70% by Q4 2021), significantly automated global payment processes, accelerated ERP connectivity, and helped Manpower recoup implementation costs within two years.

Manpower