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Blockchain | what is it and what does it do for your supply chain?
| 09-12-2019 | by RBS |
Rotterdam Business School will host a blockchain information event on January 27th, 2020 at the Rotterdam Business School, Kralingse Zoom 91
Blockchain is a new disruptive technology that together with Artificial Intelligence (AI), Internet of Things (IoT) and Big Data promises to change the way we do business today. It seems to have a major potential to make supply chains more efficient and transparent by cutting out middlemen and creating possibilities to do trusted peer-to-peer transactions on a global scale. However:
These and other questions related to Blockchain will be answered at the event.
January 27, 2020
16:00 – 20:00
REGISTER HERE
Programme:
15:45 – 16:00 Welcome with coffee
16:00 – 17:00 Blockchain in the supply chain: financial and sustainable solutions
Victor van der Hulst, Blockchain expert Windesheim University of applied sciences
17:00 – 17:10 The logistics applications of Blockchain
Ron van Duin, professor of applied sciences, Rotterdam University of applied sciences
17:10-17:30 Best blockchain thesis award
17:30-17:45 A proven blockchain user case: Dutch & Belgian government: Waste transportation
Martijn Broersma LTO Network
17:45 – 18:00 Coffee break
18:00 – 19:00 Break out sessions
Chair: Josanne Heeroma ten Katen (RUAS)
Chair: Luca Gelsomino (UASW)
Chair: Chris van Veldhuizen (TMO)
Chair: Arthur Fellinger (RUAS)
Chair: Martijn Broersma (LTO Network)
19:00-19:30 Wrap up
19:30-20:00 Social drinks
The event is a cooperation between the Masters of International Business the SIA-RAAk project Blockchain for SME’s and the National Blockchain Thesis Table. It’s aim is to disseminate knowledge acquired by applied research and stimulate the cooperation within the triple helix: business, research and education. For questions contact: [email protected]
TIS is growth champion for the third time in a row and is carrying its success story forward
| 03-12-2019 | TIS |
FOCUS BUSINESS and Statista rank the cloud-based payment expert among the fastest-growing and most promising companies in Germany.
Walldorf, 28. November 2019. Above-average growth in turnover and staff as well as new and innovative ways of making corporate payment processes simpler and safer – with these qualities TIS (Treasury Intelligence Solutions GmbH) has now established itself on the list of the 500 FOCUS business growth champions for the third time in a row
Statista, the Hamburg-based statistics portal, had created a ranking of the 500 fastest-growing German companies for FOCUS BUSINESS, a well-known business magazine in Germany. 12,500 companies with particularly strong growth in sales or workforce were extracted from two million commercial register entries. The companies must have their principal place of business in Germany and have achieved organic growth. Based on these criteria, a shortlist of 1,654 firms was created and from this ultimately a top 500 ranking of champions who achieved average annual revenue growth of 52 % between 2015 and 2018. The list of 500 growth champions for 2020 was published in edition 3/2019 of the FOCUS BUSINESS magazine.
The fact that TIS is now listed in the ranking for the third time in a row is primarily thanks to the confidence which customers have placed in its cloud-based payment platform. The consistent upward trend of TIS also proves that rapid growth is essential in the big context of digitalization. Through features like ERP-integration, payment automation, process standardization, and a single login for all stakeholders to manage bank accounts and payments, TIS customers benefit from improved simplicity and security in handling all their payment transactions and gain greater insight into their cashflow data.
Jörg Wiemer, CSO and co-founder of TIS, proudly tells to the press: “We are delighted and very proud to be among the winners in the FOCUS growth ranking once again. We could only achieve the impressive business performance with the commitment of an outstandingly performing team in TIS, to whom I owe my special thanks. We are continuously working towards the acceleration of our further growth in Europe and in the USA with a solution that is highly appreciated by our customers.”
About TIS
TIS (Treasury Intelligence Solutions GmbH), founded in Walldorf, Germany in 2010, is a global leader in managing corporate payments. The Financial Times named TIS as one of “Europe’s Fastest Growing Companies” for 2019.
Offered as Software-as-a-Service (SaaS), the TIS solution is a comprehensive, highly-scalable, cloud platform for company-wide payments and cash management. For businesses, TIS creates a community of trust and empowers customers to make better decisions with 100% real-time cashflow visibility. Key benefits are lower costs, risk prevention, a higher degree of transparency and fast worldwide roll-outs. For banks and partners, TIS generates growth and revenue opportunities through continuous innovation for better payment experience.
The TIS solution has been successfully used for many years in both large and medium-sized companies, including Adecco Group, Hugo Boss, Fresenius, Fugro, Lanxess, OSRAM and QIAGEN. More than 25% of DAX companies are already TIS customers.
The high level of security and deep integration of the platform with existing ERP systems is certified by ISO-27001, SAP, SOC 1, SOC 2, and TISAX.
Your World of Payments. One Login.
Visit TIS.biz
Why are you still paying too much banking costs? There is a simple solution to save money
2-12-2019 | treasuryXL | Vallstein |
Do you have full transparency in your banking cost? Do you fully trust your bank(s)? You can easily save a significant amount of money and create strong ties with your bank(s) for a better relationship.
We interviewed Huub Wevers, Head of Business Development at Vallstein, he will take a deeper dive into the advantages of using WalletSizing® , give you a better insight and even shares a success story.
Can you tell something about WalletSizing® ?
WalletSizing® is a SaaS platform with a number of modules that gives Corporates full transparency on how much they spent on their banks and how profitable they are for their banks. A CFO would like to be able to drive the meetings with the bank supported by independent data showing exactly what a corporate is doing with the bank AND how profitable the corporate is for the bank. This is exactly what WalletSizing® delivers. WalletSizing® drives the focus and strategy of the meeting by showing how much a corporate is spending on their banks and how profitable they are for their banks. It ensures that a corporate gets value for money from their relationships with their banks.
An additional module of WalletSizing®, the bank fee edition is able to upload all bank invoices for cash management and comparing them with the original price agreements. Am I paying the price as agreed during the RFP phase?
WalletSizing® the Bankfee edition, can be used together with the other WalletSizing® modules or stand alone.
This module uploads all bank invoices (any format) for cash management and audits them with the original price agreements: Am I paying the price as agreed during the RFP phase? Are there unforeseen billing charges? I was not aware of these unusual situations like:
WalletSizing® Bankfee edition is all about Automation, Control and Transparency, down to account level and including tailor made reporting for Auditors and Control teams. WalletSizing® Bankfee edition it is not a daily reconciliation system. It is an audit process that can be ran in different frequencies as those fits’ client requirements.
What is, in your perception, the biggest benefit of using WalletSizing® ?
Let me explain the following questions that WalletSizing® answers:
The last question is the most important one and can be answered through the benchmarking capabilities of WalletSizing® and the underlying methodology. WalletSizing® is calculating the exact profitability on the basis of the relevant credit ratings, bank fees and the latest Basel III/IV regulations.
Another benefit is during the RFP or price revision process where the proposed prices from the Banks are also uploaded in the system and amongst other criteria, compared with the Vallstein Benchmark. This benchmark is a Vallstein property owned database with hundreds of thousands of data points collected over the last 20 years.
How does the customer project phase look like from start till actual use?
A typical WalletSizing® project takes 6 weeks where Vallstein will handle most of the work, typically 90%. We will gather all necessary data and integrate, translate and upload into the system. Through a number of workshops we ensure the client domain is 100% accurate and the client is versed in making the analysis and acting on it. “Having learned how to fish instead of just been given a fish” as the saying goes. During the project we will also set-up and agree how to continue maintenance of the system, ensuring an up to date system.
How fast can customers experience the impact of WalletSizing® after implementation?
Already during the implementation clients will be able to get benefits from the system by detecting missing bills. After an implementation, clients can immediately review their bank relationships and typically will reach very significant savings in their banking costs through that. And on the long run, clients will have more transparent and better relationships with their banks. When you have clarity on how much you are really paying, you have time to talk about more strategic topics with your banks.
What was your biggest challenge with WalletSizing® ?
The biggest challenge with WalletSizing® we had over the last 20 years is the data quality of the banks and the speed at which they deliver the data to our clients. Fortunately this is improving due to invoice standards like CAMT.086 and a more shared belief in transparency in the market place. Things have changed for the better and we hope that we have and are contributing to that.
Can you share a great WalletSizing® success story?
A client of ours implemented WalletSizing® Bank Fee Edition. We Started with 9 Banks, 12 countries and 170 different accounts. We have now made the bank process completely automatic. Banks are sending the required and detailed fees data on a quarterly basis and this data is being uploaded into the system.
We found no unique and individual product codes across the banks. Product descriptions are not clear and fees are not consistent across the same billing items and accounts. This has been resolved completely by the system which is now automatically mapping all billing items into unified product names and codes. It is more easy now to compare different banking terms and conditions and market benchmark. Needless to say significant savings and 100% transparency has been achieved.
After this implementation the client agreed that they now had done the difficult part of Bank Relationship Management (Cash Management Fees) and were interested to pursue the analysis of the full banking wallet across all their banks. An exercise to understand the current situation, reduce the number of banks, but with full visibility across all banks on how much business and how profitable they were right now. In the end the client reduced their number of banks from 17 towards 9 and have an even spread of their business (Wallet) across all their banks.
visit Vallstein.com
You are only one step away from saving a lot of money
Huub is thrilled to help you. Fill out the contact form and we arrange a call for you.