Treasury.

XRT has released XRT Business Exchange (XBE) Platform, a secure, communications software tool that centralizes the exchange of financial cash flow information between internal systems and external financial partners on a worldwide basis.

XRT Business Exchange Platform is an international financial flow exchange platform that securely moves information between a corporation and its trusted trading partners. "It streamlines business processes; drastically reduces banking and other financial partner fees; and provides robust, audit-proof security and controls," XRT said in an announcement. "By centralizing financial activity, corporations around the globe have the ability to make financial cash flow information available to subsidiaries and financial partners using more than 100 industry standard and bank proprietary data exchange protocols, file transfer formats, electronic mail and Internet/intranet Web services. XBE allows the integration and consolidation of payment processes and systems, enabling local versus cross-border payments and safeguarding cash flows with enhanced security, event log monitoring, alerts and notifications.

"XBE Platform is one more step in XRT's collaborative enterprise wide approach to enable organizations to optimize working capital, eliminate inefficiencies and safeguard their cash flows," said John Wlcek, general manager, XRT North America. "With the complexities of today's multi-bank, multi-protocol, multi-national environment, corporations end up spending thousands of dollars a month on processing costs and related bank fees. Many XRT clients [should realize] the ROI of XBE in less than one year."

As a fully Web-enabled solution, XBE Platform provides for functional or "role-driven" data dashboards, allowing users to customize their own views of system-wide information. Contact XRT at 610.290.0300 for more information.

Web: www.xrt.com