Finance · Bonus reconciliation
Notino
How Notino freed ~€40M and cut the L'Oréal bonus cycle from 70 days to 15.
Notino invoices L'Oréal LUXE for ~€40M/yr of supplier bonuses across 27+ markets. Every euro depended on 7 data streams pulled manually — trapping €10M+ of working capital past quarter close.
~€40M
working capital released
€620K/yr
recurring cost savings