Haniel uses CoCoNet's bank independent MULTIVERSA IFP e-banking solution

25 May 2011 - Haniel now uses CoCoNet’s MULTIVERSA IFP International Finance Portal for the domestic payment transactions across the group. Franz Haniel & Cie. GmbH performed a detailed evaluation of all eligible systems in cooperation with a dedicated cash and treasury management consultancy. After that Haniel chose the CoCoNet software which best matched with the requirements for a bank-independent and future-proof solution with a stable architecture. Before switching to CoCoNet's modern standard solution for the central e- banking Haniel used several bank specific systems which caused distributed administrational efforts and showed low efficiency.

Haniel manages the new CoCoNet solution centrally and provides it as required to local but globally acting users of the business units. This multi-client capability has the advantage that after the successful going live in the headquarters and several group companies Haniel can easily roll out MULTIVERSA IFP to further organisational units at any time without any local installation and administration. The leading Program Manager Finance & Accounting, Andreas Laroche, says: “The flexibility of the multi-client capability in the software evaluation turned out to be a unique selling proposition (USP)”.

The future-proof MULTIVERSA IFP e-banking solution improves Haniel’s independency from banks and gives the company a safe and efficient basis for payment transactions of the entire group of companies.

About Haniel
Haniel is an internationally successful, family-owned group of companies. In 2010 around 58,000 employees generated sales of 27.4 billion Euros. Responsibility for the operating business rests with the five divisions, all of which occupy market-leading positions. Haniel distinguishes between wholly-owned investments (CWS-boco and ELG), majority investments (TAKKT and Celesio) and minority investments (METRO GROUP).