Bank Relations Worldwide

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The German trade publication Der Treasurer and HSBC asked 223 CFOs and/or treasurers about TMS, Payment Systems, Gateways and Formats.

  • 48% of those surveyed are satisfied with their TMS. 
  • More than half of the respondents’ companies already use a system from a TMS provider. 
  • For two thirds the decision as to which treasury infrastructure to use is made by the Head of Treasury. 
  • Two-thirds decided in favor of the bank’s own systems, while a further 25% uses ERP-related systems. 
  • More than a quarter also use Excel sheets.
  • The TMS infrastructure used depends heavily on the turnover of the companies.
  • In companies with sales of more than EUR 1 billion, 72% of those surveyed use the system of a TMS provider.
  • ERP-related systems are also more likely to be found at large companies. 
  • At smaller companies, only 44% of them have used TMS to date. In contrast, companies of this size use a bank’s own system more often than average. 

Martin Schneider comments: These findings confirms our experience over 25 years.

Videocast No. 6 on Payment Gateways

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Payment Gateways are direct channels from your ERP or TMS to your most important house or partner banks. In the videocast, Martin explains how using a minimal number of payment gateways via specific channels saves cost and project time as well as significantly increases transparency in Treasury Accounting and ICS. It further helps to reduce the risk of fraud at the periphery (local) of your corporate financial flows, to enhance processes, and to improve transparency and visibility at at headquarters.

The scope of such a project includes all Account Payables and Account Receivables of your international corporation.

Videocast No 6, April 2016 (3:13 mins)

As additional information: Discover the advantages of making group-wide local payments via a decentralized payment factory on our website as PDF.