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CIS Group has selected C2B

Date Communiqué de Presse : 28 août 2012

Paris, August 28th, 2012B.A.S is pleased to announce that “CIS Group” (http://www.cis.com.lb) one of the leading information systems suppliers in the Middle East, Africa and North America has selected Box & Automation Solutions (B.A.S) solution for treasury, cash management, financial control, bank fees optimization and bank reconciliation.
CIS Group is part of an international group of companies in the Middle East, Africa and North America established since 1910 with activities in diversified fields such as petroleum, transportation, banking, trading, construction materials, computer products, medical instrumentation and test measuring equipment
CIS Group will use C2B to manage, control and audit the group worldwide cash positions. The C2B will automatically gather electronic bank statements via the Swift Network. By doing so, CIS Group will achieve global visibility and control of worldwide cash positions and enables successful management of payments and liquidity across the entire Group.
The trust earned from a reference like CIS confirms the ever growing business activity of B.A.S in the Middle East. As planned in the beginning of this year, B.A.S wishes to become the main solution provider of cash management in that area.

Company, August 28th 2012.

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

Based in Paris and Dubai with back offices in Beirut, BAS is a leading provider of cash management solutions. Its product range is centered around three main solutions. C2Box (Cash Control Box) is a solution for reporting and cash control. Payments are made via a secure platform, C2Pay. To respond to ETEBAC and SEPA changes, BAS module also offers C2S (Connect to SWIFT), a solution that converts messages or payment files to files accepted by SWIFT.

www.boxautomation.com

PRESS CONTACT
Box & Automation Solutions
David Lécuyer
Tel: + 33 1 49 86 08 69
david.lecuyer@boxautomation.com