Case Study: Carrefour achieves improved supply-chain visibility and faster, lower-cost global trade with Finastra's Fusion Corporate Channels

Carrefour and BNP Paribas Drive Efficiency in Global Trade

Carrefour, a global retailer operating thousands of stores, faced inefficiencies in its international supply chain—interacting with several thousand suppliers and processing about 5,000 letters of credit (LCs) a year—which led to delays when orders, payments and invoices were not completed on the same day. Seeking a banking and technology partner to improve supplier relationship management and handle high trade volumes, Carrefour worked with BNP Paribas using Finastra’s Fusion Corporate Channels portal.

BNP Paribas delivered a trade services solution powered by Finastra’s Fusion Corporate Channels (integrated via a Local Service module into Carrefour’s ERP) to enable straight‑through processing and automatically raise LCs when purchase orders arrive. The Finastra-based solution consolidated all trade transactions, provided dynamic status reporting, reduced manual administrative tasks, increased productivity, sped global deliveries and delivered immediate, significant cost savings while improving reconciliation between physical goods and payments.

Carrefour

François Bouche

Head of Finance and Administration for the Merchandise Group