MAJID AL FUTTAIM Group (MAF) has selected C2Box

B.A.S is pleased to announce that MAJID AL FUTTAIM Group (MAF), a leader in the Gulf countries in Shopping Malls, Hospitality and Mixed-use Communities, has selected Box & Automation Solutions (B.A.S) solution for treasury, cash management, financial control , bank fees optimization and bank reconciliation.

With an ambitious growth strategy, MAF has been able to build and maintain a leading position in shopping malls throughout the Middle East & North Africa region. It has ten operating centres with a retail area over 800,000 square metres of GLA including 5 centres in UAE, 2 in Egypt, 2 in Oman and 1 in Bahrain. Welcoming over 107 million customers a year, the operating centres under the Majid Al Futtaim Properties portfolio have revolutionised the retail industry over the past 15 years with breakthrough developments such as; Mall of the Emirates, the world's first shopping resort houses over 472 international leading retail brands and a unique range of leisure attractions anchored by the world-renowned Ski Dubai, and the family entertainment centre, Magic Planet.

MAF Group will use C2BoxWeb to manage, control and audit the group worldwide cash positions.

About Box & Automation Solutions

B.A.S is a company specialized in cash management, audit, and treasury solutions. The C2BoxT provides an over-all and real-time view of cash flows and cash positions all over the world. It corresponds to a powerful tool for auditing, managing, and monitoring cash flows. This tool provides help in terms of audit, of cash management, and of financial control. C2Pay manages the full payment process whether domestic or cross border, with a powerful and solid electronic signature workflow.C2S aims to rationalize your bank communication while enabling you to benefit from the advantages offered by the SWIFT network.