Case Studies > Increased productivity thanks to automated payments

Increased productivity thanks to automated payments

Company Size

1,000+

Region

America
Asia
Europe
Pacific

Country

Germany
Japan
United States

Product

Enterprise Payment Optimization Platform by TIS
SAP S/4HANA
Bank Account Manager by TIS

Tech Stack

Cloud-based Software-as-a-Service (SaaS)
SAP Integration
Straight Through Processing (STP)

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Cost Savings
Customer Satisfaction
Digital Expertise
Productivity Improvements

Technology Category

Application Infrastructure & Middleware - Data Exchange & Integration
Functional Applications - Enterprise Resource Planning Systems (ERP)
Platform as a Service (PaaS) - Connectivity Platforms

Applicable Industries

Professional Service
Software

Applicable Functions

Business Operation
Quality Assurance

Use Cases

Predictive Maintenance
Process Control & Optimization
Remote Asset Management

Services

Cloud Planning, Design & Implementation Services
Software Design & Engineering Services
System Integration

About The Customer

NTT Security is the specialized security company and the center of excellence in security for NTT Group. With embedded security, NTT Security enables NTT Group companies (Dimension Data, NTT Communications, and NTT DATA) to deliver resilient business solutions for clients’ digital transformation needs. NTT Security has 10 SOCs, seven R&D centers, over 1,500 security experts, and handles hundreds of thousands of security incidents annually across six continents. The Treasury department, founded in 2009, is responsible for cash and risk management, as well as banking policies for 20 national subsidiaries in EMEA, the USA, and the Asia Pacific region.

The Challenge

NTT Security faced several challenges with their decentralized payment processes, including higher risks of insecurity and non-compliance, reduced productivity due to managing individual e-banking systems, and a lack of a central overview of bank accounts and authorized signatories. The company aimed to further automate payment transactions and bank statement processing, increase auditing acceptability, introduce a unified authorization concept across all banks, and outsource payment format development and maintenance to save on internal IT resources. They also wanted to have all payment-related data available in one system for analytical purposes.

The Solution

NTT Security chose the Enterprise Payment Optimization Platform by TIS after a call for tender in 2016. The companywide implementation of SAP S/4HANA began shortly afterward, facilitating the Straight Through Processing of both IDoc payment files and bank statements. The Bank Account Manager module of the TIS payment platform was implemented for the central administration of bank accounts distributed around the world. The TIS platform enabled standardized processes for bank communication, payment processing, and bank statement processing. The platform automatically imports bank statements into SAP every morning and fetches IDoc payments from SAP to the payment platform, requiring only approval from authorized signatories. This fully automated process eliminated manual intervention and the possibility of manipulation.

Operational Impact

The TIS platform has been adopted by nearly all national subsidiaries, simplifying the work of the accounting departments.
The Treasury Team in Munich acts as a system administrator, internal support center, and knowledge center.
The TIS platform archives audit evidence of payment approval in the central Bank Transaction Manager, providing a comprehensive overview of all bank accounts.
The current status of group-wide authorized signatories can be checked and verified at any time.
The user-friendly solution has been quickly accepted, reducing administrative costs and improving efficiency.

Quantitative Benefit