Cayan Group, a leading property developer in the Middle East, recently hosted an event to celebrate the cash management partnership it has maintained and developed with Abu Dhabi Commercial Back (ADCB).

Senior representatives from both Cayan and ADCB attended the ceremony held at Cayan Group’s headquarters in Dubai, UAE.

Speaking at the ceremony, Cayan chairman Ahmed Alhatti reaffirmed the group's commitment to adopting modern technology for the further development of the partnership with ADCB and the benefit of its clients.

The new features in the revamped cash management services system will enhance operational efficiencies at Cayan through process automation and integration which will enable the delivery of an end-to-end, client-focused payments and collections solution in a short period of time.

"Our partnership with ADCB over the past several years has resulted in providing better service options for our clients. We are pleased to go live with ADCB’s new cash management services and look forward to further strengthening our partnership and service offerings," noted Alhatti.

ADCB's innovative cash management system offers a rigorous system, which will streamline Cayan’s accounts receivable and payable functions, he added.-TradeArabia News Service