Case Study: Boehringer Ingelheim achieves global payment precision with TIS (Treasury Intelligence Solutions)

Boehringer Ingelheim saves $1.8M and streamlines global payments with TIS

Boehringer Ingelheim faced the challenge of managing fragmented and decentralized payment processes across more than 46 countries. The company sought to unify its workflows, enhance visibility, and reduce fraud risk. To achieve this, they turned to the vendor, Treasury Intelligence Solutions (TIS), to implement its cloud platform for global payments and bank connectivity.

By deploying the TIS platform, Boehringer Ingelheim centralized its global payment operations and automated manual processes. This transformation delivered significant results, including $1.8 million in cost savings and an 80% cost reduction in key projects. The solution from TIS also improved payment accuracy, enhanced system connectivity, and provided greater visibility for better risk management and faster decision-making.

Boehringer Ingelheim