North American and European multinationals sustained a collective $7.83 billion in negative impacts in Q4 2017, with European companies continuing to report the largest FX impact since 2015.
FiREapps CEO, Wolfgang Koester, joins former NFL kicker Nick Lowery as they team up for the CNBC Power Lunch 2018 Stock Draft Championship. Taking on reigning champion Kevin O’Leary, find out the teams’ three draft picks and why they think they’ll perform well in the marketplace this year.
Tennant Company, one of the leading manufacturers of quality floor cleaning machines and technology, knew that its expanding global footprint and international revenues meant that it needed to update and automate its FX risk management program. Learn how Tennant was able to cut FX exposures by $25 M and where they plan to take their program next.
Don’t wait until the perception of currency volatility becomes reality. Proactively seeing your FX exposures can help you protect your organization from the next gust of currency headwinds.
Kimberly-Clark, one of the world’s largest consumer goods companies, knew it was time to adopt new technologies and change the course of their FX program. Learn how, with the help of FiREapps, they were able to automate processes and gain a better understanding of daily exposure.
FiREapps CEO Wolfgang Koester is a proponent of blockchain technology, but he advises enthusiastic executives to proceed with caution as the technology evolves.
FiREapps executives regularly attend and speak at industry conferences around the globe. It enables FiREapps to share the latest industry best practices while hearing first-hand evolving industry needs and changing priorities of CFOs, treasury executives and treasury professionals.
Tech giant Sanmina collaborated with FiREapps to modernize its currency risk management process using is FiREapps for Balance Sheet™ with Hedge Performance, enabling an advanced, automated, straight-through process that allowing Sanmina to quickly compare up to 20 trade adjustments.
The tools and technology leading multinationals are leveraging to reduce trade volume, decrease transaction size and limit back-office costs.
CFO.com invited FiREapps CEO Wolfgang Koester to explain how blockchain technology can enhance a corporate FX program by introducing transparency, trust and new efficiencies.