How Equans tackled the challenge of creating an autonomous treasury function in record time with Diapason?

Objective: Create a fully autonomous treasury function tailored to Equans’ specific needs while meeting tight deadlines.

Timeline: Everything had to be completed within six months, from selecting the treasury system to full implementation.

Establish a fully autonomous treasury function no later than the financial closing date of Engie’s sale of Equans to Bouygues.

Tight deadline: Six months to separate from Engie.

Team creation: Establishment of three treasury teams from scratch, including a central team and two local teams (France, Belgium, and Canada), independent from Engie’s treasury team.

New TMS: Implementation of a new Treasury Management System (TMS) independent from Engie’s existing system.

Robust cash pooling: Pressure to establish solid cash pooling to optimize liquidity management while maintaining normal treasury operations.

Centralize all payment flows (internal and external) securely.

Provide daily visibility on treasury positions through a dashboard.

Facilitate cash pooling management, with 90% of available liquidity collected almost automatically.

Ensure unified bank communication for all entities.

Creation of an autonomous treasury.

Payment security: Centralizing cash flows strengthened transaction security and improved traceability.

Liquidity optimization: Through effective cash pooling, Equans optimized its liquidity management, reaching 90% centralized collection.

Increased visibility: The Diapason tool provided real-time, granular visibility of cash positions, essential for daily management and strategic decision-making.

Support for transformation: Digitalizing processes allowed Equans to continue its transformation by enhancing cash forecasting and optimizing financial flows.