Sonelgaz Selects XRT's Global Treasury Management System
XRT has designed and implemented a special global treasury management and debt optimization system for Sonelgaz, that interfaces with all of its account and client systems. Sonelgaz employs the system to manage its short term treasury forecast, high-volume processing of bank and account reconciliation and complex multi-currency debt management. Following an international call for bids, Sonelgaz chose XRT for its capacity to import bank protocols as well as its functional ability. XRT’s cultural and operational closeness to Africa and the Maghreb region and its ability to establish a treasury management culture in under-equipped areas were critical factors in Sonelgaz’s decision.