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A New Name in the Source-to-Pay Market : Fluxym

, by c.chastaing

Formerly known as Flucticiel, the Source-to-Pay Expert expands out of Europe.

Montreal, May 23, 2018 – As of this day, FLUXYM will be the new brand name of former Flucticiel, a 16 year old company with three solid years implanted on American soil.  By doing so, the company consolidates its position of reference in the Source-to-Pay market. FLUXYM’s new visual identity, developed by Montreal’s Bunka agency, bears a new modern and simple graphic adapted to the digital model, conveying the values ​​of trust, proximity and agility, essential qualities of a Source-to-Pay systems expert.

With this new and resolutely dynamic identity, Fluxym changes its image while remaining connected to its values adopted at its inception in 2002. Thus, the company proves its ability to adapt and innovate.

The name Fluxym, freely inspired by the Latin “fluxum” which means movement or fluidity, also flows in continuity with the original name, Flucticiel.

“Our exponential growth in France and internationally is based on three of our strengths:

  • our specialized and recognized Source-to-Pay expertise ;
  • our world-leading solutions (Basware, Ivalua and Notilus) ;
  • our ability to efficiently handle complex projects and facilitate the digital transformation of our client’s systems.

The challenge was therefore to create a modern identity that would reflect the evolution of our services, without breaking away from our past as well as preserving our original DNA.” says Philippe de La Villardière, CEO.

Now, at the end of its third year in North America, where the company employs nearly a quarter of its total workforce, Fluxym performs a steady and strong growth rate (+ 100%, last year).

Additionally, the announcement of its new name coincides with the opening of two new offices, in Toronto and Chicago, as well as with the relocation of the French headquarters into brand new premises, at 15 rue de la Faisanderie (Paris 16e).

“We are facing a constantly evolving market, with the arrival of ever more advanced technologies to support the transformation of the Procurement and Finance functions. With its ultra-specialized expert roadmap, Fluxym positioned itself as the key player for successful digital migrations within a steadily growing S2P market” explains Thierry Jaffry, Vice President, North America.

Source-to-Pay experts, Fluxym (previously known as Flucticiel) has successfully completed more than 350 projects in Europe and North America. Fluxym ensures the functional and technical integration of the major solutions of the market and brings strong expertise of the whole Procurement cycle. Its offices are in Paris, Montreal, Toronto and Singapore.