Case Study: TomTom achieves 70% faster forecasting and unified cash visibility with TIS (Treasury Intelligence Solutions) CashOptix

How TomTom Improved their Monitoring, Reporting & Forecasting of Cash with TIS.

TomTom, a global mapmaking and location-technology leader with €701 million in annual turnover, manages 125 bank accounts across 56 entities and was struggling with highly manual, fragmented treasury processes and a constant need for timely reporting, monitoring and forecasting. To centralize data and automate these workflows, TomTom selected TIS (Treasury Intelligence Solutions) and its CashOptix platform.

TIS implemented CashOptix to automate MT940 bank-statement imports via ready-built connectivity (SFTP), consolidate actuals, aggregate FX and management reporting, and deliver granular cash-flow forecasting with AR/AP integration, audit trails and backtesting. The TIS solution improved working-capital automation, management reporting and continuity while reducing key‑man risk — cutting TomTom’s time spent compiling forecasts and reports by ~70% and enhancing forecasting accuracy and control.

TomTom

Riana van der Merwe

Head of Treasury