Why Medium/Small — Scale Banks should ditch Legacy Procurement tools for FlowStax
What if you could cut your software cost by 90% without compromising on visibility
What if you could cut your software cost by 90% — without compromising on visibility, control, or compliance?
That’s exactly what a key South East Asian bank achieved by replacing its SAP Ariba-based non-PO system with a modular, cloud-native workflow powered by FlowStax.
For most banks, the financial backend often gets overlooked — until inefficiencies pile up. What starts as a convenient enterprise solution quickly turns into a cost sinkhole. That was the case with South East Asian bank’s SAP Ariba system.
With over 600 users processing non-PO finance operations — accounting for 80% of overall expenditure — the system had become too expensive and inflexible. The per-user license model was not scalable, and the rigid input forms included fields no one used, slowing down operations.
FlowStax changed that.
Here’s what made the difference:
Single-page transparency: GL & Commodity data visible together without the need for multiple tabs.
Checklist-driven submissions: Ensures users upload all required documents before moving forward.
Controlled document access: Only approvers can modify attachments, ensuring audit trail integrity.
Built-in integrations: With Core Payment systems via API (real-time forex) and batch jobs (invoice syncing).
Auto-assignment of tasks: Ensures optimized workload distribution across finance teams.
Implementation in Action:
Development completed in 3 months
1 month of real-time testing with phased rollout
8 training sessions + 2 Q&A workshops for 600 users
Feedback collected through in-person check-ins and process audits
And the results?
25% reduction in processing time
~90% reduction in monthly system cost
Higher audit compliance and better user experience
This wasn’t just a cost-saving exercise— it was a digital transformation initiative rooted in empathy, efficiency, and future readiness.
FlowStax doesn’t replace your core banking system. It strengthens what surrounds it — giving you the agility your legacy software can’t.
What’s Next? Mobile interface is already on the roadmap. We’re exploring AI-based auto-approvals to further reduce turnaround time.
Legacy platforms weren’t designed for today’s banking. FlowStax is.
Let’s start the conversation.
Read Time
5 min
Published On
19 Aug 2025
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