CYRIAS - P2P Ivalua

Deployment of a P2P process with Ivalua in 3 months for a leading Swiss Bank

Customer description

The Cyrias teams assisted a leader in online banking, recognised in Switzerland and internationally, in the deployment of an optimised P2P process with Ivalua, in a record time of three months.

As part of a process of continuous improvement and transformation of its financial and purchasing processes, our client wanted to strengthen the management of its suppliers, increase processing performance and secure its internal P2P process.

In 2024, this banking player chose the Ivalua solution to meet these challenges, relying on Cyrias’ expertise as an integrator.

+10 000 invoices

+150 users

8 interfaces

Customer Challenges

The customer was facing challenges linked to financial management and purchasing, requiring better budget
management, real-time visibility of expenditure and detailed analytical reports. It also needed to strengthen fixed
asset management, compliance with authority matrices and control of budget overruns, while ensuring seamless
integration with its existing financial and HR systems.

Thanks to its expertise in the Ivalua solution and the tertiary sector, Cyrias supported this customer in implementing
the standard Ivalua solution, while enhancing it with several specific features adapted to the requirements of the
financial sector. In just 3 months, the Cyrias teams, supported by the client, were able to deploy a complete P2P
process, thus reinforcing digitalisation and operational efficiency

Objectives

Improve upstream purchasing management
Improve budget monitoring and ensure real-time visibility of expenditure.
Generate more accurate analyses and reports to better manage expenditure.
Improve invoice processing performance (time saving).
Steamline and automate depreciation management.

Réponses apportées

Quick to install : The project was delivered in 3 months, thanks to rapid decision-making and a dedicated organisation.

Interfaces: Successful integration with external systems such as GT Exchange, Azure AD (SCIM API), and the T24 banking system.

Specific fixed asset management: Development and implementation of customised functionality to meet specific customer requirements.

A structured approach with initial training for internal teams (Finance and IT), followed by skills transfer to train end users.

Implementation of Ivalua OCR to digitise invoices.

Implementation of QR Code extraction (QR Invoice) in Ivalua in order to recover all payment data.

CONNAC Florent
Cyrias
Project Director

With clear objectives and a mobilised client team, we rolled out this turnkey project in just 3 months, with all the power of Ivalua. Right from the start, the customer saw the benefits in terms of automation, performance and traceability.