Finance · Bonus reconciliation
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
70 → 15 days
bonus cycle time
The challenge
Why the old path broke down
Quarters had to clear in sequence. Q4 could still be open months later, blocking Q1. Specialists owned separate streams across Power BI, SharePoint, Martailer, FINIS, and cross-company invoices — so exceptions never reconciled into one operating truth.
What Duvo did
Capture → reconcile → deliver
- 01Capture how each specialist actually collected and checked bonus evidence.
- 02Reconcile conflicting sources into one reviewed process with exception routes.
- 03Automate collect → consolidate → escalate with human gates where judgment matters.
Outcome
The full loop now runs as approved work: capital clears faster, recurring cost drops, and finance leaders get a cycle they can take to the exec team.
“Ask 14 people how the process works and you get 14 different answers. Duvo reconciled them in a week and gave us a plan we could take straight to the exec team.”
Head of AI Automation, Notino