Case Study: Christian Louboutin achieves visibility and control of intercompany transfers and €275K+ savings with Coprocess by GTreasury

Christian Louboutin gains visibility and control of intercompany transfers

Christian Louboutin, the luxury footwear and accessories brand with 150+ boutiques across 30 countries, struggled with high volumes of intercompany merchandise transfers that were reconciled manually, creating poor visibility, lengthy reconciliation cycles, and extra bank, FX and float costs. To gain control and streamline processes, the treasury team selected GTreasury’s Coprocess intercompany netting solution and integrated it with their M3 ERP.

GTreasury implemented Coprocess with an API-driven monthly upload of AR/AP invoices, centralizing multilateral, multicurrency netting for 20–28 entities and thousands of invoices per month. The result was nearly 100% invoice matching, a reduction from 120+ gross flows to fewer than 25 net flows, and measurable savings (reported between €275K and over €400K), driven by fewer FX trades, lower bank fees and eliminated float—plus improved visibility, structure and faster settlements.

Christian Louboutin

Annabella Lopes

Senior Treasury Manager Credit Risk & Netting