Case Study: ContourGlobal achieves global bank connectivity in under 9 months with TIS

ContourGlobal connects 60 banks and 800 accounts in under 9 months with TIS

ContourGlobal, a UK-based global power generation company, faced significant treasury challenges due to its rapid international expansion. Managing a complex network of 60 bank partners and over 800 accounts across nearly 140 entities led to inefficient, manual payment and reporting processes. To overcome these difficulties, ContourGlobal's treasury team turned to vendor TIS (Treasury Intelligence Solutions) for a solution to achieve better bank connectivity and integration.

By implementing the TIS platform, ContourGlobal successfully established a centralized integration link between its worldwide banking network and its back-office ERP and TMS systems. The project with TIS was completed in under nine months, resulting in greater standardization and control over payment processes. This new technology provided the treasury team with significantly improved efficiency and visibility into their global financial operations.

ContourGlobal