As they emerged from the pandemic, the treasury team at luxury retail brand Christian Louboutin was looking for a way to more accurately manage the impact of the brand’s payments between subsidiaries.
Primary shipment flows are completed by the company’s master distribution entity. However, merchandise can be transferred between locations to meet customer demand, resulting in a web of intercompany invoices to account for the movement of goods.
With each transfer, the sending entity would invoice the receiving entity and then wait to be paid.
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