Case Study: ContourGlobal achieves enterprise payment optimization and full bank connectivity in 9 months with TIS (Treasury Intelligence Solutions)

Achieving Enterprise Payment Optimization on a Tight Timeline

ContourGlobal, a FTSE 250 global power-asset manager with ~140 plants and ~1,500 staff, faced sprawling treasury complexity: 60+ bank partners, 800+ accounts across 20+ countries, 10,000+ monthly payments, disparate systems and limited audit trails — and only nine months to achieve full connectivity before a new TMS go-live. To solve this, ContourGlobal engaged TIS (Treasury Intelligence Solutions) for a cloud-based payments and bank-connectivity solution to centralize and automate their treasury workflows.

TIS implemented its cloud payments platform (integrated with FIS and ContourGlobal’s TMS), establishing connectivity to 60+ banks and 800+ accounts across 20 countries and enabling straight-through processing for payments and cash reporting. Completed on time and within budget in nine months, the TIS deployment delivered unified payments and cash reporting, reduced manual work and duplication, improved visibility and audit trails, and strengthened fraud-prevention capabilities across ContourGlobal’s enterprise.

ContourGlobal

Maarten Himpe

VP of Group Treasury