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The digital transformation of the LISI Group also involves the transformation

of the administrative functions into three areas: the automation of execution

and control tasks; the implementation of a paper-free approach through

electronic workflows and e-invoicing solutions and the overall simplification

of processes.

This major change involves the convergence of application systems, data

and increased standardization of standards and management rules. All the

administrative processes are thus redesigned as an end-to-end path, in an

internally (between functions), but also externally, open-endedway, fromorder

taking to the reception of goods with our customers and suppliers.

This reorganization has fostered the emergence of Shared Service Centers

(SSCs) for support functions. Two finance and accounting SSCs are already

operational for Europe Fasteners, based in Paris, and for North America

Fasteners, located in Montreal. A study to extend the concept of support SSCs

is currently underway.

A digital collaborative platform (Digital Workplace) is also in the pipeline to

provide quick and easy access to mobile versions of most documents and

resources shared within the Group.

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PATH

360° HR

The establishment of a global HR Core

– a “reservoir” of data common to all

of the company’s employees – will

provide a 360° vision of the Group’s

human resources and facilitate the

employees’ processes.

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