Finance and Data Blog | EMASPHERE

EMASPHERE and BNP Paribas Fortis join forces to support businesses

Written by EMASPHERE | Sep 9, 2021, 7:30:00 AM

By teaming up with EMASPHERE, BNP Paribas Fortis now offers its business clients a digital platform for financial analyses and forecasts that are more reliable than ever. A real advantage for making the right decisions in a constantly changing world.

Having an accurate, up-to-date view of performance while optimizing working capital requirements has become essential for every company today. BNP Paribas Fortis Corporate Banking and La banque des Entrepreneurs clients can now benefit from EMASPHERE's expertise in this area. With its online Corporate Performance Management (CPM) platform, client companies can better understand their financial situation and make strategic and operational decisions with confidence.

The story between BNP Paribas Fortis and EMASPHERE began in 2018, when EMASPHERE won the Financial Management for SMEs & Professionals track at the Hackathon organized by B-Hive (the Belgian Fintech association) and sponsored by BNP Paribas Fortis.

In June 2021, the two companies decided to jointly develop a set of management dashboard templates to help businesses manage their performance and cash. To deliver these financial dashboards and key indicators, the EMASPHERE platform connects to the client company's accounting solution, collects the raw data and automatically structures it into management information.

Frédéric Fontaine, Head of Transaction Banking at BNP Paribas Fortis, explains: “This partnership is strategic for the bank because it fully reflects our commitment to supporting our business clients beyond traditional financing services. It allows us to offer digital solutions that make use of the company's accounting and financial data. We are thereby confirming our ambition to support and advise our clients as they grow".

Reginald Nobels, Managing Partner at EMASPHERE, adds: “We are delighted with this partnership with BNP Paribas Fortis. It is a direct response to the needs of companies looking for digital, innovative solutions to manage their business. EMASPHERE strengthens BNP Paribas Fortis's value proposition with a cutting-edge steering solution that helps companies better understand their financial situation and anticipate their growth.”

Are you a BNP Paribas Fortis client and would you like to learn more about this partnership? Contact your BNP Paribas Fortis relationship manager.