Evaneos is the first company to directly connect travelers with a meticulously selected community of local agents around the world.
Evaneos' mission is to make travel a source of positive impact—by designing trips that are both unique for each traveler and respectful of local communities, with the cost of each trip directly benefiting local economies.
Today, Evaneos consists of 180 employees, a network of over 600 local agencies in 170 destinations.
Since its creation in 2009, Evaneos has enabled more than 700,000 travelers to experience unique and personalized journeys by collaborating directly with local agents.
Key Financial Figures
50+ bank accounts or payment solutions (multi-currency)
1k+ supplier payments per months, internationally
Receipt and processing of over 10,000 traveler transfers per month
Over 4 days saved per month thanks to Payflows
Main Challenges for the Accounting and Treasury Team
1. Cash and Liquidity Management
Ensuring the company always has sufficient liquidity across all bank accounts, while also seizing short, medium, and long-term investment opportunities.
2. Optimized Cash Reporting
Achieving real-time visualization of cash flows to facilitate analyses, decision-making, and recurring reports and forecasts.
What were the challenges faced by the finance teams before Payflows?
1. A manual and slow reporting process
Before Payflows, cash reporting was done in Excel with manual data collection, which was time-consuming (about 4 days per month) and prone to errors. Today, it’s simple and automated.
2. Lack of real-time visibility on positions
Before Payflows, cash was tracked on a monthly basis. Now, teams have real-time access to the positions of all their accounts and can track cash inflows and outflows by type.
3. Complex connection to payment platforms
Previously, we had to connect to each bank to manage internal cash transfers, but now it's automatic and centralized within Payflows. For external payments, everything can also be done from this same interface.
How does Payflows help Evaneos concretely?
"In summary, by integrating Payflows into our financial processes, we've gained in efficiency, accuracy, and responsiveness, improving strategic decision-making."
Daily Cash Management: Using dashboards to monitor daily cash flows and liquidity positions across all their accounts via a single platform.
Preparation of Periodic Reports: Simplifying the preparation of weekly, monthly, and quarterly cash reports with improved classification of cash flows (e.g., receipts and disbursements), saving more than 4 days per month.
Cash Optimization: With Payflows consolidating all their bank accounts (over 50 accounts), the finance teams can make very short-term investments that enhance the daily returns on excess cash.
Data Integration: Payflows stands out for its ability to easily integrate all of Evaneos’ financial data, centralizing all information in one place. It was the only tool that could integrate data from the 50 active bank accounts, especially those opened with Kantox.
Automation of Flow Assignments: The tool allows for very simple and automatic categorization of flows—enabling the teams to work more efficiently.
5-Star Customer Support: The implementation of Payflows was very simple and smooth. "The entire Payflows team supported me and continues to do so. Their availability, efficiency, and friendliness were key factors in the success of this project. A big thank you to them!"
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