Essity has partnered with BNP Paribas to upgrade its treasury operations. The company has achieved 99% straight-through processing (STP) through its “One Treasury” model, centralising treasury, shared services, and external partners.

BNP Paribas has supported Essity with solutions like DNLevel3, ICEM, and AtlasFX, automating payments, FX exposure management, and balance sheet hedging to improve efficiency and cash visibility. The partnership has enabled Essity to reduce manual work, strengthen governance, and focus treasury on strategy, risk management, and global growth.

Per Hagardt, Treasury Director, Essity:

“For the last couple of years in particular, it’s been the same strategy – Group Treasury needed to be closer to the business, and the only way is to have real-time access to the data from across the business and take on that work centrally.”

Read the entire Treasury Management International article in the pdf below: