ABC group selects C2B of BAS

B.A.S, a leader in treasury solutions and reporting, is pleased to announce that ABC Group, a major player of mass distribution in the Middle East, has selected C2B as his solutions for treasury and cash control.

Paris, 11 September 2012 – ABC Group (www.abc.com.lb), major player of mass distribution in the middle east has selected C2B of BAS for his treasury and cash management control.

ABC Group is a major player in the mass distribution. ABC brand consists of the most important chains of stores. ABC, founded in 1936, has been the first to offer fixed prices where tradition was based on bargaining. ABC is the first company to use advertising for women products.

ABC stores offer a wide choice of high quality products. These items include fashion wear, jewelry, accessories, interior decoration, and much more. ABC is the exclusive distributor of international brands like Tommy Hilfiger, Sandro, André, Caroll, Kookaï, and Desigual.

ABC group needed a cash and treasury management system. C2B Solution of BAS allows it to have a detailed vision of its banking position and the cash flow of every point of sale. Since then, ABC receives consolidated bank statements for all its accounts, allowing the company to have a real time automated vision of its cash on hand.
This confidence earned from ABC confirms the leading B.A.S position in the Middle East in the field of treasury and cash management. This new success of BAS team Middle East validates the business development strategy of B.A.S in that area.
Company, September 11th, 2012.

About Box & Automation Solutions (B.A.S)

Based in Paris and Dubai with back offices in Beirut, B.A.S is a leading provider of cash management solutions. Its product range is centered around three main solutions. C2B is a solution for reporting and cash control. Payments are made via a secure platform, C2Pay. To respond to SEPA changes, BAS module also offers C2S (Connect to SWIFT), a solution that converts messages or payment files to files accepted by SWIFT.