Case Study: LVMH achieves centralized bank account and treasury management with DiliTrust (Visual Sign)

Management of legal entities and bank accounts within LVMH

LVMH faced the challenge of managing banking authorities, legal entities and bank accounts across many Houses and countries, requiring a single, centralized authority for signatory powers, hierarchical approvals and automated document generation to meet differing tax and reporting rules. To address this, LVMH selected DiliTrust’s Visual Sign BAM/eBAM solution to standardize bank account management, automate letters and contracts, and provide a single reference authority for Treasury and governance functions.

DiliTrust implemented a centralized electronic access and BAM process integrated with LVMH’s internal systems and partner banks, auto-generating Windows and PDF documents and supporting account openings, closings and confirmations. The result is broad deployment across the Houses, strong governance transparency, high user adoption thanks to an easy interface, and a streamlined Treasury prepared for expanded eBAM functionality.

LVMH