Case Study: Jotun builds a unified global payment hub with GTreasury (Ripple Treasury)

Jotun unifies 56 operating units across 49 countries with GTreasury

Jotun, a global paint and coatings company, faced a complex treasury and banking landscape due to its expansion into 49 countries with over 70 banking relationships. Its existing setup relied on outdated flat file integrations that banks were moving away from, and its lean central treasury team needed a more consistent way to manage global payment flows and gain central visibility. The company selected GTreasury, now Ripple Treasury, to build a unified global payment hub that could act as a translation layer between its single ERP system and its diverse banking network.

The solution implemented by GTreasury consolidated Jotun's banking relationships into a single connectivity platform, serving 56 operating units. The Ripple Treasury platform provided the necessary translation for local banking requirements, improved agility for implementing changes, and offered greater visibility into cross-border payments. This created a scalable financial infrastructure that supports efficient global cash movements without a proportional increase in central resources, establishing a solid foundation for Jotun's ongoing treasury modernization.

Jotun