Case Study: The Adecco Group achieves streamlined global payments and lower TCO with TIS (Treasury Intelligence Solutions)

How Adecco Group managed to gain the best out of a co-operated tms and the tis payment platform

The Adecco Group, a global staffing company with annual sales over EUR 20 billion, operations in 60+ countries and more than 1,000 bank accounts across 100+ banks supporting 700,000+ workers, faced a fragmented, decentralized treasury and complex bank connectivity needs. After standardizing on a TMS, Adecco still needed sophisticated payments processing and a practical way to connect diverse systems and banks, so it selected TIS (Treasury Intelligence Solutions) to solve the connectivity and payments challenge.

TIS implemented its cloud-based payments platform as a single point of contact, providing a large library of bank connectors and formats, SWIFT-as-a-Service, ERP/TMS interfaces and features like bank account/statement management, straight-through processing, BI, sanction screening and fraud prevention. TIS’s architecture and pricing model enabled faster rollout, superior payments functionality versus the TMS, and lower total cost of ownership, allowing Adecco to consolidate bank connections, improve controls and cash visibility across its 1,000+ accounts and 100+ banks.

The Adecco Group

Andrea Redmond

Recruitment Business Partner