Case Study: Christian Louboutin achieves faster intercompany reconciliation and over €275k in savings with GTreasury (Ripple Treasury)

Christian Louboutin saves over €400k with GTreasury

Christian Louboutin, a premier luxury fashion brand, faced a challenge in manually tracking and reconciling the high volume of intercompany invoices generated from frequent merchandise transfers between its global boutiques. This process was time-consuming, error-prone, and resulted in excessive bank transaction and FX fees. The company partnered with GTreasury (now Ripple Treasury) to implement its Netting solution to gain control and visibility over these financial flows.

GTreasury's solution provided a centralized, automated platform for multilateral and multicurrency netting. By integrating with the company's ERP via an API, the system streamlined the reconciliation of over 3,500 monthly invoices. This implementation saved Christian Louboutin over €400,000 in its first year by drastically reducing bank fees and float costs, while also delivering near 100% matching of transactions and improved discipline across all subsidiaries.

Christian Louboutin