BEWIZ MANAGES ITS CLIENT PORTFOLIO VIA A SINGLE LIBEO ACCOUNT

Bewiz is an accounting, consulting and auditing firm based in Paris. It has some 600 clients, for whom it carries out high value-added assignments. Most of its clients operate in the commercial sector (small, very small and medium-sized companies, groups of companies), although some are in the non-commercial sector: foundations, charities, semi-public companies.

Bewiz – some figures:

• 4 partners and 25 employees
• Over 600 clients
• Global turnover of €3 million
• Hundreds of mandates

Bewiz is one of the firms that started their digital transition very early: in 2008. The entire invoice management value chain had been optimised, with one exception: payment of supplier invoices.

However, Nicolas Liodenot's job above all involves processing the company's “raw” information quickly and in a way that is useful for its clients. And the way its suppliers well managed was a long way from optimal:

• Check each invoice;
• Write out cheques;
• Log onto the banking system and enter numerous codes and credentials, etc.
• Enter IBANs and invoice data;
• Perform accounting reconciliations;

With more than 600 clients to manage and without a suitable computerised solution, it was difficult for Bewiz to ensure payment of invoices on time. For each invoice received, the information had to be checked, the invoice had to be reconciled with the purchase order, data had to be entered into the accounting software, the correct banking interface had to be logged onto, etc.

Things changed the day Bewiz started using Libeo as a supply invoice payment solution.

Primary benefit: time savings. But more than that. Across the firm, Libeo has also enabled Bewiz to generate significant productivity gains by centralising all of its clients on a single console.

Today, Bewiz’ teams are able to manage the entire invoice management value chain. They can then select from a number of payment options: immediate, scheduled or on the due date. For Nicolas Liodenot, Libeo is the leading supplier payment solution.