Miznon saves 10h per week on its accounting with Libeo

Utilisateur

 : David Moyal

Entreprise

 : Miznon

Location

 : Paris

Industrie

 : Catering

Nombre d'employees

 : 40

Fonctionnalité

 : One-click payment

Miznon restaurants are a benchmark for Mediterranean cuisine in the French capital. In just five years, the brand has opened three restaurants and today employs 40 people in Paris.

Growth means that their founder, David, has to spend his days juggling between customers, teams, supplies, stocks and more.


Three restaurants – that's a lot to manage. Before using Libeo, David Moyal, founder of Miznon Paris, would spend hours managing and paying his suppliers. He had to address several challenges on a daily basis:


  • The time wasted processing and paying the bills for his three restaurants.
  • Chasing people up to pay bills on their due date.
  • A lack of overview regarding his finances, which were impossible to track in real time.

A CLEAR AND REAL-TIME OVERVIEW OF HIS FINANCES

Now that he is using Libeo, David has all his supplier invoices in electronic format, and all in the same place. Libeo has a dashboard which gives him a precise view of his restaurants’ cash flow. Whenever he likes, he can access his spending history, his forthcoming expenses and his forecast balance. He can now manage his cash in real time, and is able to make budgetary decisions with complete peace of mind.


Cash management

AUTOMATIC NOTIFICATIONS MEAN NO MORE CHASING PEOPLE UP

Having invoices systematically sent to his accounts department meant that David had no overview of payment due dates. The result was that his suppliers were always chasing him up by email to get paid.


Now, Libeo makes sure that he is notified when a payment due date is approaching. He can easily schedule automatic payment of his bills. All his orders are paid for on time.


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“Managing my supplier invoices has never been easier! In terms of having an overview of my real-time cash flow and the state my three restaurants’ finances. I would highly recommend Libeo!”

client_quote

David Moyal

Founder - Miznon

CENTRALISED INVOICES FOR FASTER PAYMENTS

Before he had a suitable system, David would receive some of his invoices by email and the rest by post. They'd be scattered all over the place, and he would send them directly to his accounts department, knowing full well that he had no time to deal with them.


From his client area, he can access his supplier database and consult his invoice history for each of them. To make the task easier for him, Libeo offers multiple payment options:


  • Immediate,
  • On due date,
  • Payment of credit note,
  • Always with the option to request approval upstream!

With Libeo, he can now transfer all his invoices to a single platform, either by email or as a photo.


In a few seconds, they are then computerised and saved. The result is that David saves up to 10 hours a week!

“What I like about Libeo is how easy it is to use – the fact that I can pay my suppliers very quickly, without needing an IBAN, like with the Lydia app in just a click.”

client_quote

David Moyal

Founder - Miznon

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Libeo is registered by ACPR (Prudential Control and Resolution Authority) under the number 844679068 (approval can be consulted in the Register of Financial Agents – www.regafi.fr) as a payment services agent of the electronic money institution Treezor. Treezor, registered in the Paris Trade and Companies Register under number 807465059, whose registered office is located at 33 avenue de Wagram, 75017 Paris, acting as an electronic money institution within the meaning of Article L.525-1 of the French Monetary and Financial Code and approved by ACPR (Prudential Control and Resolution Authority), is located at 4 Place de Budapest CS 92459 75336 Paris Cedex 09 as an electronic money institution under number 16798, approval which can be consulted on the ACPR website in the Register of Financial Agents (REGAFI): www.regafi.fr.

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