Kyriba
110 Case Studies
A Kyriba Case Study
Auchan Group, a French retail giant, faced supplier distress after the global financial crisis as vendors sought earlier payment and better financing terms—threatening order fulfillment. The company needed a bank‑independent, multi‑jurisdictional solution with a supplier portal to accelerate payments without harming Auchan’s working capital, while modernizing payment methods for greater security and lower cost.
Auchan created ASAP, a wholly owned subsidiary, and deployed Kyriba’s reverse‑factoring platform starting with a pilot and then broad onboarding. The program now covers five group entities, serves over 15,500 suppliers, drove a 47% increase in financing requests, enabled electronic payments, and earned uniformly positive supplier feedback on visibility, simplicity and transparency.
François Verrodde
CEO of ASAP