Lactalis selects Diapason Treasury Management System from MCC

Paris, October the 8th 2008 - MCC, leading provider in financial process optimisation, is very happy to announce that Lactalis, the world's second-largest manufacturer of dairy products, has chosen Diapason, its new Treasury Management System, to provide its subsidiaries with a 100% Web solution, hosted by the Central Treasury, and completely integrated to the central treasury solution.

This solution will enable Lactalis to make significant productivity gains (automation in data flows - payments, FX and financing orders, business intelligence and consolidated reporting), and to save up as well, in terms of maintenance and administration (a single software centrally implemented, and accessible in a totally secured way through any Web browsers).
Moreover, Diapason will enable Lactalis to reduce its operational risks, thanks to the automation of the communication between subsidiaries and the central treasury, combined with a  significant flexibility  in the definition of the payment and trade validation and control processes.
« The deployment of Diapason gives us the opportunity to put in place an efficient treasury centralisation » says Olivier Savary, CFO of Lactalis. 'This solution offers to our subsidiaries a secured internet banking service. Consequently, we benefit from an enhanced control level on the activity of our subsidiary network, while deeply simplifying the daily business of local treasurers, and of our central back-office staff'.

MCC, software company founded in 1991, expert in Front to Back-Office STP solutions and in the system integration, which benefits from a strong expertise in the Web solutions, and in the Business Process Management, has implemented solutions in more than 100 client sites.

Two  co-founders of  Optifinances (which developed solutions such as CashFlow and KTP) joined MCC with experts in the treasury and capital markets areas coming from Diagram, Reuters and XRT-Cerg to share their functional expertise with the strong technological know-how developed by MCC.

Consequently, MCC has decided to extend its offer, with a solution dedicated to the treasury and the cash management, which benefits efficiently from the strong synergy between the technological knowledge developed by MCC, and the business expertise recently acquired in the treasury and cash management fields.

In addition to its software business, MCC offers consulting services in various fields, such as system integration, business intelligence or IFRS. Thanks to projects managed in banks, corporate treasuries or with other software vendors, its consulting team has acquired a strong experience in Treasury and Capital Market systems (KTP, Kondor+, OmegaFA...). This expertise combined with various partnerships enables to offer global solutions ensuring customer success and satisfaction.

Visit MCC at:

http://www.mcc-soft.com/

Should you have any questions, please get in touch with :

Frédéric Saunier or Olivier Rodrigues
Tel: + 33 1 44 93 24 24.