WIELTEC Upgrades Payment Factory for ArianeGroup

After working with MultiCash version 3 since 2015, the Finance & Treasury team of ArianeGroup decided it was time to upgrade to the fully redeveloped MultiCash 4.

MultiCash 4 is an established and widely used solution suite that meets the expectations of modern clients with its international focus, supporting multiple formats, languages, and other specialized requirements. Its modular design allows functionality to be extended as needed, giving treasury teams greater flexibility and control.

The solution enables automatic retrieval of payments from defined source directories and sending them to one or more banks. Balance and transaction information can be automatically collected from banks and forwarded to multiple applications. A built-in File Manager allows users to create personal signatures before sending files, view file contents, and track communication status. The Event Manager monitors predefined events in program sequences and informs administrators of their status.

Additional features include the Email Notification Manager and Unit Segregation, allowing bank connections and communication orders for separate corporate units to be managed independently while maintaining a global view for authorized users. MultiCash 4 also adheres to the highest security standards, ensuring robust data protection and regulatory compliance at every level.

With this upgrade, WIELTEC continues to help ArianeGroup streamline and modernize its treasury operations, improving efficiency, transparency, and control.

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