About FiREapps

As the market leader in FX Exposure Management solutions, FiREapps helps corporate treasury and finance teams get visibility in days and FX impacts under $.01 EPS in just two quarters without IT development or maintenance. Top multinationals of all sizes and industries trust FiREapps to help them contain FX costs and risks. FiREapps cloud services increase return on ERP investments with data integrity, actionable intelligence and fact-based collaboration.

6 Steps to a Lean Cash Flow Exposure Management Process

By Malcolm Cummings
Managing Director of Product Management, FiREapps

Here at FiREapps, we have a simple definition of lean. Lean is the identification and systematic reduction of waste in a process to maximize value. How do we define value? Well, value is defined as an action or a process that someone is willing to pay for. […]

By |June 19th, 2017|Categories: Education||0 Comments

Why Leading Corporations Choose FiREapps to Manage Currency Risk

If you are a corporate executive, you know negotiating currency volatility comes with the territory in today’s business landscape. But, how confident are you in your FX analytics and the quality of your currency data? Are you sure your multinational is positioned to withstand the next currency crisis? The slightest exposure can have a […]

By |June 14th, 2017|Categories: Uncategorized||0 Comments

5 Ways to Enhance Your Corporate FX Management Program

Last year Deloitte surveyed 130-plus corporate treasury teams and found more than half of corporate treasurers lack visibility in their currency exposures and reliable FX forecasting tools.

Additionally, Deloitte found nearly 40 percent of corporate board members were not receiving sufficient information on their organization’s FX risk, hobbling their ability to truly manage […]

By |May 25th, 2017|Categories: Tips and Tools||0 Comments

Brazilian Currency Plummets on News of Bribery Scandal

The Brazilian real plummeted yesterday on the news that President Michel Temer was embroiled in a bribery scandal, casting a shadow over the already troubled Temer administration – and the Brazilian economy.

The currency plunged 8 percent against the U.S. dollar, a drop that essentially wiped out all its gains since December. Stocks dropped as […]

By |May 19th, 2017|Categories: Foreign Exposure||0 Comments

Effective FX Risk Management Starts with Currency Awareness 

According to FiREapps most recent Currency Impact Report, as of Q4 2016, North American and European corporates reported currency impacts of $10.47 billion. These losses are smaller than those reported in 2015, suggesting corporate treasury executives and treasury teams continue to become “currency aware.”

Regular readers of this blog know that FiREapps never […]

By |May 15th, 2017|Categories: Uncategorized||0 Comments

FiREapps Q4 2016 Currency Impact Report – What the Details Tell Us

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North American and European corporates reported suffering negative currency impacts in Q4 2016 of $10.47 billion, despite relatively low currency volatility. Even though the overall EPS impact reported by North American companies has declined over the previous six quarters, unprepared corporates have suffered major impacts from individual currencies. For example, the […]

By |April 25th, 2017|Categories: Thought Leadership||0 Comments

FiREapps Client Ericsson Wins TMI Award for Achievement in Risk Management

London, Eng., February 16, 2017 — Treasury Management International (TMI) announced today the winners of the annual 2016 Corporate Recognition Award. We would like to congratulate Magnus Attoff, the Head of Financial Risk Management & Operations at Ericsson who won in the Risk Management category. This prestigious award recognizes innovation and excellence in […]

By |February 16th, 2017|Categories: Thought Leadership||0 Comments

FiREapps Q3 2016 Currency Impact Report – What You Need to Know

Companies lost nearly $11 billion to currency impacts in the third quarter of 2016, according to our latest analysis of the earnings calls of 1200 publicly traded North American and European companies. A total of 263 companies – 218 in North America and 45 in Europe – reported negative currency impacts. Of the companies […]

By |January 30th, 2017|Categories: Thought Leadership||0 Comments

The #1 Key to Dealing With Massive Volatility: Currency Awareness & A Currency Analytics Platform

2016 has been a year of massive volatility. There’s no indication that 2017 will be any better; in fact, there are many reasons to believe that volatility will get worse.

Our aim here on the No Surprises blog is to offer you actionable steps you can take to reduce the impact of market volatility […]

By |January 3rd, 2017|Categories: Thought Leadership||0 Comments

Koester on CNBC: A Currency Analytics Platform Helps Companies Deal with a Stronger Dollar

FiREapps’ CEO Wolfgang Koester was on CNBC this week answering questions about the impact of a strengthening dollar on U.S. and European multinationals, whether a dollar correction is on the horizon, and how a currency surprise from China could shock the market. What’s the solution? A currency analytics platform helps corporations manage the risk […]

By |December 20th, 2016|Categories: Thought Leadership||0 Comments