Praxis · Digital & Technology

From spreadsheets to systems.

Accounting digitisation, ERP, e-invoicing, automation. Praxis-bot diagnoses the stack, identifies the wedge, drafts the implementation plan; senior consultants run the project. Every change measured against business outcomes.

Praxis — the engine

Diagnose first. Implement second.

Average outcome
−65% cycle-time
on AP / AR processes after digitisation; payback typically 6–12 months
Stack-agnostic
Xero · QB · NetSuite · SAP
we choose what fits the firm — not what we resell. No kickbacks, no incentives
Ongoing
Managed-IT retainer
post-go-live optimisation, governance, SaaS spend audits, vendor reviews
APPROVED — Senior consultant signoff
Stack diagnostic — Cyprus mid-market group (turnover €18M)

Current stack: paper invoices + Excel ledgers + bank statement re-keying. Identified 11 manual handoffs across AP / AR [1]; AR cycle 14 days, projected 5 days post-automation [2]. Recommended stack: Xero + Hubdoc + GoCardless + Stripe. Implementation cost €42,000; payback 8 months on cycle-time savings alone (€68k ongoing FTE redirection).

Drafted by Praxis-bot v1.0 · Reviewed by [Senior consultant] · 2026-05-04 09:14 UTC
Audit ref: AI-2026-05-04-#0431 · Inputs: stack interview · process map · 12-mo P&L
Services

Six service lines. One transformation roadmap.

Accounting / back-office digitisation
From paper + Excel to cloud-first stack. Discovery → roadmap → migration → adoption.
ERP implementation
Xero, QuickBooks, NetSuite, SAP Business One. Cyprus VAT-localised. Phased go-live.
E-invoicing & e-VAT
Cyprus + EU regimes (PEPPOL, OSS / IOSS). VAT-compliant and audit-ready.
Process automation
Approvals, AP, AR, expense, payroll. Workflow + RPA. Measurable cycle-time reduction.
Data infrastructure
Warehouse setup (BigQuery / Snowflake / Postgres), reporting layer, BI dashboards.
Managed IT retainer
Ongoing optimisation, vendor management, security hygiene, SaaS spend governance.

Note: Praxis builds the systems; Oikos runs the office workflows on top. Praxis is technology delivery; Oikos is operational discipline. Together they make a back office that produces audit-ready output by default.

How it works

From diagnostic to managed retainer — measurable wins each phase.

1

Praxis-bot diagnoses

60-minute interview + process map. The agent assesses current stack, identifies bottlenecks, projects cycle-time gains, and drafts a phased roadmap with ROI and payback.

2

Consultant scopes + delivers

A senior consultant validates the diagnostic, refines scope, and runs the implementation. Phased go-live, parallel running, training. We measure outcomes, not activities.

3

Managed retainer (optional)

Post-go-live optimisation: vendor management, governance, SaaS spend, security hygiene, quarterly review. Many clients choose to stay on a retainer for ongoing optimisation.

Pricing

Free diagnostic. Fixed-fee delivery.

Stack diagnostic
Free → €1,500
60-min interview + 5-page diagnostic; ROI model; phased roadmap
Scoping engagement
€3,000 – €7,500
Detailed implementation plan; vendor selection; budget; timeline
Implementation
€20,000 – €150,000
ERP / accounting / automation. Phased go-live. Training. Parallel running.
E-invoicing / e-VAT setup
€5,000 – €25,000
PEPPOL or Cyprus regime; OSS/IOSS where applicable
Data warehouse + BI
€10,000 – €60,000
Pipeline · model · dashboard · training. Power BI / Looker / Metabase
Managed retainer
€2,000 – €10,000 / mo
Ongoing optimisation · vendor management · governance · quarterly review
Free stack diagnostic

5-minute questionnaire. Personalised diagnostic.

Tell us what you currently use and where it hurts; we'll send back a 5-page brief with stack recommendations, projected cycle-time improvement, and indicative ROI.

No marketing spam. Brief delivered in 24 business hours.

Prefer email? praxis@fintechisland.com.cy · we respond within 24 business hours.

Ready to engage Praxis?

ERP migration, e-invoicing, process automation, BI build, managed IT — tell us where you are and where you want to be. Scoped proposal within 2 business days.