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EXHIBIT 12.2

CERTIFICATION
of the Chief Financial
Officer

| | I,
Arie Rand, Chief Financial Officer of Top Image Systems Ltd., certify that:
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|1. | I have reviewed this annual report on Form 20-F of Top Image Systems Ltd. (the
          Registrant);
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|2. | Based on my knowledge, this report does not contain any untrue statement of a
          material fact or omit to state a material fact necessary to make the statements
          made, in light of the circumstances under which such statements were made, not
          misleading with respect to the period covered by this report;
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|3. | Based on my knowledge, the financial statements and other financial information
          included in this report, fairly present in all material respects the financial
          condition, results of operations and cash flows of the registrant as of, and
          for, the period presented in this report;
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|4. | The registrants other certifying officer and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-15(e) and 15d-15(e) and internal control over financial
          reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the
          registrant and have:
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| | a) | Designed
such disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us
by others within those entities, particularly during the period in which this report is
being prepared;
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| | b) | Evaluated
the effectiveness of the registrants disclosure controls and procedures, and
presented in this report our conclusions about the effectiveness of the disclosure
control and procedures as of the end of the period covered by this report based on such
evaluation; and
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| | c) | Disclosed
in this report any change in the companys internal control over financial reporting
that occurred during the period covered by the annual report that has materially
affected, or is reasonably likely to materially affect, the companys internal
control over financial reporting; and
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|5. | The registrants other certifying officers and I have disclosed, based on
          our most recent evaluation of internal control over financial reporting, to the
          registrants auditors and audit committee of the board of directors (or
          persons performing the equivalent function):
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| | a) | All
significant deficiencies and material weaknesses in the design or operation of internal
control over financial reporting which are reasonably likely to adversely affect the
registrants ability to record, process, summarize and report financial information;
and
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| | b) | any
fraud, whether or not material, that involves management or other employees who have a
significant role in the registrants internal controls over financial reporting.
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Date: April 2, 2007

| |  | /s/ Arie Rand
Arie RandChief Financial Officer
| |  | ------------------------------------------------------------



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