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April 3, 2005

PSA Peugeot Citroen uses cash management software from Atos Origin

French carmaker PSA Peugeot Citroen has selected IT services company Atos Origin to help reorganize and optimize its cash management processes.

By CBR Staff Writer

The new platform, based on Kyriba cash management technology, is being deployed to strengthen the automation of cash flow management with banks and accounting systems across PSA sites.

PSA said the new platform is expected to increase transparency with a high level of security, uptime and flexibility. The first phase of implementation has been implemented in France and Spain, and the company hopes to deploy the next stage in Belgium, Italy and Germany, with the end goal of expanding throughout Europe.

According to Atos Origin, the Kyriba cash management system is multi-lingual, multi-service and web-ready, and offers management and control tools as well as web-based reporting processes. The client-based workstations also enable users to handle all their transactions via the internet, eliminating the need to install or maintain the application on their station.

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