TIS: Successful Business Results for the First Half of the Year and Further Growth Plans

6 July 2015

TIS successfully completes the first half of the year 2015 and welcomes various new customers in the TIS Community. Also, the second half of the year offers a sunny outlook: By the end of the year, TIS expects a sales growth of over 50% compared to the previous year; both the internal sales and development teams as the external sales and implementation partnerships will be expanded further.

TIS, the leading cloud platform for managing corporate payments, liquidity and bank relationships, continues to stay on a very successful growth course. Various national and international new customers from a wide range of industries joined already in the first half of the year the TIS Community. For instance, the German suppliers to the automobile industry Robert Bosch GmbH decided for TIS. Also, Fugro, a Dutch listed service provider in the energy sector, will from now onwards profit from the extensive advantages of the TIS Bank Transaction Manager, enabling an efficient management of payment transactions and bank connectivity.

The TIS management also expects further sales growth in the second half of the year. For the fiscal year, a sales growth of a minimum of 50% compared to the previous year should be realized. In order to achieve the ambitious goals and to further develop the highly profitable existing business, the company is following a two-track strategy: Besides the expansion of the own sales and development teams, the company is entering into new cooperation with external partners for sales as well as the implementation of the TIS solutions. 

Key to success, for TIS, continues to be the high customer satisfaction as well as delivering quick time to value, avoiding long-term IT projects. Customers also can appreciate the highest levels of security and ISO certification of the TIS Cloud Platform.

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