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Unifying bank communication to a single European system with TIS
Technology Category
- Platform as a Service (PaaS) - Connectivity Platforms
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
- Consumer Goods
- Software
Applicable Functions
- Business Operation
- Procurement
Services
- Cloud Planning, Design & Implementation Services
- System Integration
The Challenge
Nintendo faced the challenge of standardizing its payment processes across Europe. The company needed to harmonize communication with various banks and manage multiple bank accounts efficiently. Initially, Nintendo considered developing an in-house solution but found it would be too costly and complex to program all the necessary bank formats. The need for a more cost-effective and user-friendly solution led them to explore external options.
About The Customer
Nintendo is a global leader in interactive entertainment, known for its innovative hardware and software in the gaming industry. Since the launch of the Nintendo Entertainment System (NES) in 1983, the company has sold over 5 billion video games and 779 million hardware units worldwide. Nintendo's current flagship product, the Nintendo Switch, is a versatile gaming console that can be used both as a TV-based system and a portable device. Nintendo of Europe GmbH, headquartered in Frankfurt am Main, Germany, oversees the company's operations across Europe, including multiple subsidiaries, affiliates, and associate companies.
The Solution
Nintendo chose to implement the cloud-based TIS platform to standardize its payment processes and harmonize bank communication across Europe. The TIS platform, known for its expertise in corporate payments and payment formats, offered a cost-effective and user-friendly solution. By centralizing support in Frankfurt, Nintendo ensured that European affiliates could easily resolve issues and get assistance. The platform's user-friendliness was a significant advantage, allowing users to navigate it intuitively. Additionally, the TIS platform improved user management by enabling internal management of user approvals and signatures, enhancing efficiency and security.
Operational Impact
Quantitative Benefit
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