Yann Ravel-Sibillot is the co-founder and CEO of Flowie. He is a serial entrepreneur with over 10 years of experience in AI. Former CPTO of Big Mamma and Clone, he created Sunday (120M€ raised). His background includes deep expertise in general AI, with over 400 hours of teaching and consultancy. He launched Flowie a year ago with Rémi Legorrec, a platform redefining how companies do business, digitalizing from end-to-end all Procurement & Finance Operations through the power of Gen AI.
We spoke with Yann to get the lowdown on the only European DeepTech company in procurement and finance operations.
Yann, what is Flowie?
Flowie is the AI-powered collaborative Procurement and Finance orchestration platform, built on the first global data-verified business network.
Flowie’s all-in-one Intake-to-Pay / Order-to-Cash / Cash Flow management SaaS platform embedded with deep technologies and consumer-grade UX unlocks global procurement and finance process efficiency and automation, especially for the most complex companies and sectors (industry, retail, construction…).
On Intake to Pay, Flowie has all the capabilities of the most modern procurement platform, all while unlocking deep integration and collaboration with all your vendors :
- We transform intake into a seamless experience with Gen AI assistance and customizable forms, both on computer and mobile, and with no code approval workflows
- We streamline accounts payable with industry leading OCR, no code workflow builder for invoice approvals, and the most advanced AI-engine matching invoice with its global context: PO, delivery bonds, reception receipts…
- We ensure 100% real time spend control with budgets and analytics.
- We unlock easy vendor management with fast onboarding, allowing information and document collection through our vendor portal for deep collaboration and full visibility.
On Order to Cash and Cash Flow management, Flowie helps you get paid faster:
- Speeds up accounts receivables, with client PO OCR and customer invoices generation matching the PO thanks to our fast integration with your ERP
- Accelerates cash collection with our AI based cash recovery engine.
- Unlocks total cash flow visibility and management, both past and future, with integrated factoring capability.
Our crown jewel – Flowie develops the world’s first AI co-pilot and autopilot for procurement and finance operations. We are the only procurement and FinOps platform with the french official “DeepTech” label obtained for our breakthrough AI.
Flowie integrates with the ecosystem of solutions already present within the company (ERP, HRIS, Legal, FP&A, Productivity solutions), even if you have multiples entities with different ERPs. Your vendors and clients can also connect their ERPs in minutes to their vendor and client portals, unlocking deeper visibility and collaboration, with velocity of communication.
Flowie is built on a global network of data-verified business network, where all companies are unique. This unlocks multiple value propositions: many-to-many data exchanges between businesses, network-based securization of bank accounts, acceleration of intra-company re-invoicing flows.
What issue does your solution solve?
Today’s companies face numerous issues:
- Procurement and finance operating processes are inefficient due to legacy solutions with poor user experience, making life hard for all employees using them, especially during approval flows.
- They cannot afford lengthy implementation times for a new solution.
- The data is split between separate tools: a procurement solution, a cash flow management solution, an order-to-cash solution. This data is not actionable, making AI and ESG a dream never achievable.
- They have a poor visibility over cash flows, as you need visibility over incoming and outgoing flows (PRs, POs, invoices, payments…).
- E-Invoicing and ESG regulations are coming fast, and companies need to adapt and comply by choosing the right solution.
That’s why we built Flowie. Our industry leading user experience design transforms procurement and finance operations into an efficient and fast experience for all the teams involved, we normalize and centralize all the data to make it actionable with our advanced ESG and AI technologies, we are already worldwide compliant with E-Invoicing regulations and we can be implemented in minutes within your tool stack.
Who is your solution aimed at? What does your perfect client look like?
We aim at all companies, and especially mid-sized companies ranging from 50 to 5000 employees that want to join the future of procurement and finance operations with access to the most advanced AI and ESG technologies with amazing user experience.
We mainly talk with Procurement, Finance, and ESG teams within these companies. CPOs, CFOs, ESG or Sustainability Officers etc.
We work worldwide, as we are already compliant with E-Invoicing in more than 62 countries.
What is the biggest challenge Flowie faces?
Flowie’s biggest challenge is showing companies how the future of procurement and finance operations will look like, and why we are completely revolutionizing the way companies do business with their vendors and clients.
Indeed, procurement is only one part of the solution towards total performance, the true revolution is linking intelligently the Intake-to-Pay and the Order-to-Cash processes in order to bridge the gaps between companies (both within the same group, and externally with vendors and clients) for transaction efficiency and performance (on orders, invoicing, payments etc…).
That’s why Flowie is truly unique, we combine the most advanced technologies (AI and ESG) with native integrations and the best user experience for all to unlock this future.
Why pick Flowie?
Flowie is the next gen procurement and finance operations platform as we combine:
- the most advanced AI technology – we are the only European DeepTech company in procurement and finance operations.
- an amazing user experience for all teams, Procurement, Finance, Legal, IT, Sales.
- native and efficient integrations with all your tools, even if you have multiple ERPs in different entities, making our deployment fast.
- deep collaboration both internally between teams, and with all your vendors and clients, even through direct ERP to ERP link.
- transversal data normalization and cleanliness, unlocking data efficiency and AI / ESG capabilities.
Flowie is not only a procurement platform, but also the new way companies leverage AI and ESG for deep collaboration with procurement and finance operations on a trusted SaaS platform worldwide.