TIO Networks Prepares for Growth by Implementing SAP® Business All-in-One Solution
VANCOUVER, March 26, 2014 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), a leading North American bill pay solutions provider, known for its innovative technology in financial services, announced today the implementation of the SAP® Business All-in-One solution.
"2014 is a year of innovation and growth for TIO and we are pleased to work with SAP to bring more powerful performance to our products and services," said Hamed Shahbazi, CEO and Chairman of TIO Networks. "As a technology company, we must exceed industry demands for intelligent new systems while improving profitability for our clients. TIO is pursuing rapid growth both organically and inorganically and SAP provides a scalable platform to manage rapid expansion in a cost effective, efficient and responsible manner."
The new SAP solution gives TIO access to best practices from global leaders to benchmark processes and to help realize tremendous efficiencies across the organization.
"The initial rollout of the SAP solution is just the beginning of our plans for improving our business systems," said Eva Fong, VP of Corporate Strategy & Business Transformation at TIO. "We have a road map to transform our business processes using SAP software to bring best practices for us to scale. Faster and more robust business systems not only allow us to improve all aspects of our business from daily reconciliation to financial reporting, but also to improve automation at the customer level. We believe that SAP will help us take the performance of TIO's customer centric products to the next level."
The adoption of SAP Business All-in-One underscores TIO's commitment to scalable, high performance payment systems and further positions the company to handle growth.
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About TIO Networks:
TIO Networks is a cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 63,000 endpoints, TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation on www.twitter.com/tionetworks or Like us on http://www.facebook.com/tionetworks.
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SOURCE: TIO Networks Corp.

Media Contacts:
Dave Fore, Hayden IR
Tel: 206-395-2711
Email: [email protected]
John Lewis, Business Development - TIO Networks
Tel: 416-523-7086
Email: [email protected]
Rob Goehring, Chief Marketing Officer - TIO Networks
Tel: 604-298-4636 ext 231
Email: [email protected]
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