More NewsHenkel to Employ XRT in Centralised Treasury

Henkel to Employ XRT in Centralised Treasury

XRT has signed an agreement with the Henkel Group – manufacturers of global brands such as Persil, Schwarzkopf, Pritt and Loctite – that will incorporate XRT Business Exchange Platform (XBE) and XRT Globe$ into Henkel’s global, centralised treasury management function. Henkel will use XRT Globe$ to provide cash management capabilities to support its worldwide cash decision-making and liquidity planning, while XBE will provide the bank communication platform. Using XRT will facilitate secure payments and improve the quality and flow of essential financial data between Henkel’s central treasury function and its subsidiaries and banking partners as well as reducing the costs associated with these transactions.

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