: Nicolas Liodenot, partner
: Bewiz
: Paris
: Accounting and statutory auditing
: 30
: One-click payment
Nicolas Liodenot is a partner at Bewiz, a multidisciplinary accounting and statutory audit firm. In this testimony, he details how Libeo was the last component of the firm's digital transition, which began in 2008.
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:
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:
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.
“We had managed to digitalise almost the entire chain, but we had nothing for supplier payment. The advantage of Libeo compared with other market players is that it is currently the only one to offer a one-click payment facility”.
Nicolas Liodenot
Chartered accountant and partner - Bewiz
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.
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