ecofinance and Möller & Schlett enter into a service partnership

Graz - 17 August 2009

ecofinance, the leading provider of Treasury Management software solutions in the German-speaking area, and Möller & Schlett GmbH, have announced their partnership. Company founders Holger Möller und Rudolf Schlett have been experts within the corporate treasury IT market for many years. The company, which is headquartered in Frankfurt, will manage implementation projects for the ITS Integrated Treasury System together with ecofinance, and will provide ecofinance with exclusive consultation services on the transfer and migration from selected competitor systems.

Treasury management has experienced a boom during the financial crisis, as managers must painstakingly monitor and continually report on their company’s financial status. The systems previously used are rapidly reaching their functional limitations. Therefore, employees in treasury management are on the search for reliable tools that will enable them to meet these increasing demands. Companies often consider changing systems, even if this results in investing a significant amount of effort and expense, and there is the risk of “losing” data or existing workflows and pre-defined reports during the migration process.

The ITS Integrated Treasury System by ecofinance is a comprehensive solution that enables all the financial procedures within large international companies to be processed efficiently. ITS includes over 20 modules offering complete coverage of the areas of Cash Management, Financial Planning, Payments Processing, Treasury Management, Risk Management and Reporting. All the modules can be flexibly and successively combined. Customised and flexible interfaces enable the system to be adapted to the company’s individual requirements.

Dr. Karlheinz Schlögl, Managing Director of ecofinance: "We are constantly receiving enquiries associated with transferring from existing systems. In order to be able to offer these customers our ITS Integrated Treasury System as well as hassle-free migration from legacy systems in the future, we have entered into an exclusive partnership with the team of experts at Möller & Schlett. Our mutual aim is to offer customers a comprehensive service for professional and seamless system migration".

Möller & Schlett, ecofinance’s partner in migration projects, is an experienced project service provider. This will ensure the seamless transfer of data from legacy systems and the professional migration to the ITS Integrated Treasury System within the framework of each implementation project. As such, the customer not only benefits from the new service, but also has ecofinance as its primary contact. Holger Möller, Managing Partner of Möller & Schlett: “ecofinance stands out as the market leader in treasury management software due to the functional maturity of its systems and its unconditional service orientation towards its customers. We are delighted to be supporting ecofinance and its customers through our professional services.”

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