Exolum, a global leader in liquid bulk and gas logistics and storage, set out to build a modern, scalable treasury backbone to support rapid international expansion. By choosing Kyriba as its platform and partnering with All CMS as distributor and implementation partner, Exolum led a phased transformation that balanced global governance with local autonomy—delivering real-time visibility, operational consistency, and greater strategic agility across 10 countries.

From rapid expansion to a modern treasury mandate

Over the past decade, Exolum has diversified and expanded internationally. That evolution required a company-wide redesign of financial processes. As the business entered new markets, cross-functional standardization became essential to ensure operational excellence and consistency across business units.

Treasury modernization emerged as a strategic priority. Exolum needed agility, real-time insight, and seamless data consolidation to meet local requirements while advancing corporate objectives in a fast-changing environment.

Global command center, local autonomy

Today, Kyriba operates as Exolum's unified treasury control center, providing centralized visibility and global standards without sacrificing local flexibility. Common policies and processes drive consistency across countries, strengthen the financial operating model, and create an agile foundation ready to onboard new capabilities and markets.

The impact has been immediate:

• Dramatically enhanced efficiency and productivity.

• Superior information quality and unprecedented visibility.

• Advanced audit control capabilities.

“The implementation of Kyriba demonstrates that collaboration between technology, people, and processes is the true engine of transformation. We are moving from an operational treasury to a strategic treasury—solid and future-ready.” — Asier Pe-Mentxaka Fernández, Corporate Finance Lead, Exolum

Divisions now benefit from end-to-end treasury transparency. Smart transaction categorization and flexible configuration enable precise cash and liquidity analysis in a fraction of the time. At group level, each new added country increases synergies and strengthens the global model while respecting local nuances.

Selecting the platform and partner to scale

Exolum sought a scalable, highly reliable platform that could integrate within a complex financial ecosystem. Following a detailed evaluation, Kyriba was the clear choice, and All CMS was selected for its technical expertise and deep understanding of Exolum's business.

This combination—market-leading technology and a specialized partner—enabled progress with a global vision, while preserving the flexibility required to adapt to each business unit's specific needs.

To minimize risk and speed adoption, Exolum pursued a phased rollout. The first phase delivered corporate-level results within weeks, driven by:

• Kyriba's flexibility to integrate end-to-end processes and data flows (cash positioning, liquidity planning, bank connectivity).

• Strong business ownership that accelerated decision-making and implementation.

• All CMS's comprehensive expertise, combining technical mastery with functional treasury know-how.

The initial model was then replicated across subsidiaries, capturing synergies and maintaining project consistency. This significantly compressed timelines and enabled rapid, business-aligned adoption, shifting perceptions from “additional burden” to an essential daily platform.

Partnership that powers change

Exolum is building a global treasury model that is efficient, adaptable, and aligned to its strategy of international expansion and innovation in the energy transition. The ongoing rollout is consolidating an integrated, high-performance, and fully scalable financial function.

Exolum's experience shows how the right combination of technology and expertise makes the difference. All CMS supports Exolum at every key milestone, while Kyriba provides the robust, flexible platform underpinning its financial transformation.