B.A.S is pleased to announce that « Promod group », one of France’s biggest fashion store chains success with 628 outlets in 45 countries, has selected Box & Automation Solutions (B.A.S) solution for cash management, financial control and bank fees optimization.
Promod will use C2Box in order to get a global overview of its cash position worldwide by bank, currency, country, legal entity and SBU.
Based on SWIFT messages (or domestic formats) and on a new concept of automation “Service Bureau Application (SBA)”, B.A.S’s reference product “Cash Control Box” (C2Box) is an efficient tool for decision making in treasury & Cash management. C2Box solution is based on three key success factors: Data import and aggregation, analysis and information distribution. These factors automatically connect the company to its banks, providing a secure end-to-end process to both the top corporate financial team and to the divisions.