Case Studies > Simple integration for continuous growth

Simple integration for continuous growth

Company Size
200-1,000
Region
  • America
  • Asia
  • Europe
Country
  • Germany
Product
  • TIS Payment Platform
Tech Stack
  • Cloud-based Platform
  • ERP Integration
  • Payment Format Conversion
  • Bank Connectivity
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Cost Savings
  • Customer Satisfaction
  • Digital Expertise
  • Productivity Improvements
Technology Category
  • Application Infrastructure & Middleware - Data Exchange & Integration
  • Platform as a Service (PaaS) - Connectivity Platforms
  • Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
  • Construction & Infrastructure
Applicable Functions
  • Business Operation
Services
  • Cloud Planning, Design & Implementation Services
  • System Integration
About The Customer
Sport Group is a global leader in outdoor sport and recreational surface systems, headquartered in Burgheim, Germany. The company comprises about 20 entities across Europe, the USA, and the Asia-Pacific region, employing over 500 people. Sport Group is known for its synthetic turf fields, tracks, and recreational surfaces, installed in over 70 countries. The company owns several leading brands in the sports surface industry, such as Polytan, AstroTurf, and SYNLawn. Sport Group's strategy involves acquiring leading brands to maintain its leadership position, drive innovation, and ensure high quality and affordability.
The Challenge
Sport Group faced the challenge of integrating newly acquired entities into their treasury processes as part of their growth strategy. With limited in-house IT resources, creating a straight-through payment process was difficult. The need for central management of payments, consolidation of bank account statements, and transparency over all legal entities, including new acquisitions, was critical. The small treasury team at the headquarters had to streamline processes to manage payments and cash management effectively, despite the rapid growth through acquisitions.
The Solution
Sport Group chose TIS for its cloud-based end-to-end straight-through payment process, which includes ERP integration, payment format conversion, and global bank connectivity. This solution allowed Sport Group to manage payments, bank accounts, reporting, and cash management activities efficiently. The TIS platform provided the necessary technical know-how and market-proven solutions, enabling the small treasury team to handle the company's fast global expansion. The cloud-based platform also freed up in-house IT resources, allowing them to focus on other critical digitalization tasks.
Operational Impact
  • The TIS payment platform enabled faster payment processing and permanent documentation of payment workflows.
  • Authorized personnel can release payments from anywhere with internet access, enhancing flexibility and efficiency.
  • The platform provided transparency and control over cash and liquidity data, making it easier to integrate acquired entities.
  • The treasury team could now manage payments and cash management activities more effectively, despite limited resources.
  • The solution improved bank relationships and reduced transaction costs, contributing to overall operational efficiency.
Quantitative Benefit
  • Sport Group achieved significant savings on IT resources for ERP integration, format conversion, bank connectivity, and future maintenance.
  • The company reduced bank-related transaction costs through better bank relationships.

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