Miniature Cas Clients Maisons du Monde

Case study

How Maisons du Monde Automated 98% of Its Bank Reconciliations with myDiapason?

« MyDiapason is a stable tool that allows us to be more confident. We have better control over user access!” »

Sylvain Lhomme

Director of Financing and Treasury, Maisons du Monde

About Maisons du Monde

French retail brand specializing in furniture and home décor

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employees and 357 stores worldwide
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bank accounts across 10 countries
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banking partners
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bank statements received daily

Project Context with Maisons du Monde

The group aims to modernize its Finance function by optimizing cash management, focusing on:

  • Standardizing banking communication protocols
  • Centralizing payments
  • Automating bank reconciliations
  • Reporting
  • Managing foreign exchange operations
  • Increasing security levels

Previously, Maisons du Monde was constrained by a multitude of tools, processes, and intermediaries (Talentia, SAGE/XRT, SAP S/4HANA, EBICS/TS protocol, e-banking platforms, etc.). The teams were burdened with repetitive manual tasks and lacked global visibility over liquidity.

Solution Provided by myDiapason Treasury

Maisons du Monde chose the myDiapason Treasury Cloud-based SaaS Treasury Management System (TMS):

The tool’s flexibility and ease of use, along with Diapason experts’ support throughout the project, addressed all business needs. Maisons du Monde’s teams quickly embraced and adapted to the solution, greatly facilitating the change management process.

« We took advantage of this change management process to overhaul our processes—communication reference structures, movement codes, and analytical structures—to align with our strategic evolutions, moving us toward greater modernity. »

Sylvain Lhomme

Director of Financing and Treasury, Maisons du Monde

Results for Maisons du Monde

The group benefited from implementing the solution and the associated change management by standardizing and harmonizing all formats to the ISO20022 standard (camt format). Maisons du Monde is now ahead of the curve in terms of compliance in Europe.

In addition to this streamlined banking communication, the successes are numerous:

  • Time Savings Through Automation: 98% of bank reconciliations are automated, taking less than 10 minutes daily

  • Improved Error and Fraud Detection

  • Significantly Optimized Payment Management: Particularly through automatic generation of forecasts

  • More Complete and Faster Reporting: With the ability to quickly extract information for easier analysis

  • Facilitated Communication with All European Banks

  • Enhanced Security Levels

Following the success of implementing myDiapason Treasury, Maisons du Monde is exploring new features for daily cash management: short and medium-term forecasting, payment fraud control with Sis ID, extension of the Foreign Exchange module, etc.

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