Case Study: Encavis achieves centralized, scalable control of group‑wide bank accounts and payments with TIS (Treasury Intelligence Solutions)

Encavis - Customer Case Study

Encavis AG, an SDAX-listed independent renewables producer, faced a fragmented treasury after rapid acquisitions: roughly 250 subsidiaries, about 1,100 bank accounts across 50 banks in 10 countries, multiple e-banking tokens, and several ERP systems managed by a four-person treasury team. Encavis selected TIS (Treasury Intelligence Solutions) and its cloud payments platform—deploying Bank Transaction Manager, Bank Account Manager, Bank Statement Manager and Business Discovery Manager—to centralize bank account management and streamline cross-border payments.

TIS implemented a centralized cloud platform that connected Encavis’s back-end systems and multiple banks, enabled remote control of account authorizations with full audit trails for compliance, and brought HR salary payments onto the same system. As a result, about 70% of banks were onboarded, group-wide transparency and payment efficiency improved, and the small treasury team can now manage the large account portfolio and quickly integrate new subsidiaries to support Encavis’s growth.

Encavis

Marcel Otten

Head of Corporate Finance and Treasury