Adapting Finance to support fast-scaling growth at Monizze

at Monizze

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Project at a glance
Client
Monizze
Function
Finance
Challenge
Support the rapid growth of Monizze by transforming an overstretched finance function into a structured, business-oriented partner, with limited tools, resources, and visibility.
Solution
Altesia provided a flexible combination of financial diagnostic, operational reinforcement, system upgrade support, and strategic guidance through a “consultant + partner” model.
Impact
A strengthened finance team, improved financial visibility, a shift toward business partnering, and a scalable, cost-controlled finance organization aligned with Monizze’s growth.
Altesia helped Monizze transform its finance function into a true business partner by combining hands-on expertise with continuous partner-level strategic support.
Alexandre Richel Finance & Administration Manager at Monizze

Background

Monizze, a fast-growing scale-up with nearly 140 employees, provides electronic voucher solutions for companies.

 

As the organization expanded rapidly, it needed to evolve its finance function to keep pace with ongoing transformation.

 

When he took office, the Finance & Administration Manager, Alexandre Richel, was managing a very broad scope alone — finance, legal, office management, fleet, and office relocation — with a limited accounting tool (Winbooks) and a small team.

 

In this context, Monizze initially reached out to Altesia for a one-off assignment. The collaboration quickly went beyond the initial scope, evolving into continuous transformation support.

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The objectives were to:

  • Develop the administrative and accounting function into a true business partner, providing financial visibility, enabling profitability analysis, and supporting decision-making.

  • Upgrade systems by migrating to a more robust ERP (Odoo).

  • Structure and strengthen the team through permanent hiring and temporary staffing.

 

 

Approach

Altesia adopted an agile and pragmatic approach, starting with a focused finance diagnostic to identify key priorities without unnecessary complexity. The support then evolved into progressive team reinforcement, close partner supervision, and targeted interventions aligned with Monizze’s growth pace and budget constraints.

  • 1

    Financial Function Diagnostic

    The collaboration started with an internal financial department diagnostic mission, soon expanded into a broader reflection on the future of the finance function.

     

    Cédric Van Themsche, Partner at Altesia, led the diagnostic to identify key priorities: organization, tools, and business partnering mindset.

     

    No unnecessary complexity: the team chose an agile approach, based on focused interviews to spot key risks without exhaustive testing, delivering a relevant, fast, and cost-conscious assessment aligned with Monizze’s budget constraints.

    About the financial diagnostic

  • 2

    Progressive team reinforcement

    Temporary staffing and Partner supervision

    Two Altesia consultants successively joined as Business Controllers. This step-by-step reinforcement allowed the finance function to be progressively and sustainably structured.

    ​

    As with all staffing missions, the collaboration included direct follow-up by a Partner in Charge — in this case, Cédric Van Themsche. He remained a strategic contact point, both to support the in-house consultants through Altesia’s Quality Engagement methodology and to act as an expert or “sounding board” on complex or strategic matters (transfer pricing, financial organization, etc.).

    ​

    This flexible model gives Monizze a “consultant + partner” setup — a highly valued combination that provides both operational expertise and strategic vision.

     

    Permanent recruitment

    In a later stage, Altesia also helped Monizze hire an internal accountant, stabilizing further the finance team.

     

    About Mission follow-up

  • 3

    ERP selection and migration

    Beyond the initial diagnostic and staffing, Altesia stepped in with other ad hoc consulting support as the need for a new ERP emerged:

    • ERP selection — Manon, an Altesia Finance consultant, was leading the selection of the right ERP, then the migration from Winbooks to Odoo.
    • Negotiation (procurement) — Marcos Viale, Partner of the Procurement Business Unit, supported the negotiation and contracting with the Odoo integrator.
    Learn about ERP selection

Results

  • Strengthened finance team: the team is now structurally reinforced with an internally hired accountant and Altesia’s ongoing financial consulting support. Extra resources can be added when needed for specific issues.

  • Shift to business partnering:  moving beyond transactional tasks to profitability analysis and decision-making support for managers.

  • Modernized tools: ERP migration to Odoo underway, improving efficiency and reliability.

  • Flexibility and cost control:  targeted missions, no unnecessary overhead, adapted to a scale-up’s real needs.

  • Trusted partnership: a direct, transparent relationship with the partner staying involved and accessible, giving Monizze a true financial co-pilot.

 

Client feedback

  • Alexandre Richel Finance & Administration Manager at Monizze

    “Where I see Altesia’s added value is that I’m not just hiring a consultant. I automatically get access to the partner as well. Cédric Van Themsche knows our organization, provides a strategic sounding board and practical advice… without ever trying to sell hours just to sell hours.”