TIS completed the acquisition of Cashforce.

Treasury Intelligence Solutions, a provider of enterprise payment optimization solutions, completed the acquisition of Cashforce, a developer of a cash forecasting and working capital analytics platform. Financial terms were not disclosed. "Cashforce has been a premier partner of TIS for several years and has contributed significantly to the cash forecasting and management capabilities we offer clients. The acquisition is a natural extension of our business and will allow TIS to further integrate Cashforce's solution with our platform in order to offer advanced forecasting and data management capabilities to all our clients. This means enterprises can significantly reduce complexity in their global payments and cash management tech stacks by leveraging standardization and transparency afforded by a single, elegant solution," Erik Masing, TIS CEO.