The clear (and covert) advantages of paying in local currency
October 31, 2024 - Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.
Learn more about how you can extend, manage risk, and grow your business. Foreign exchange hedging for businesses: Your questions answeredUniversity Mechanical Contractors Case StudyCorpay Cross-Border’s Channel Partner Program
Choosing a new global payments provider: Avoiding pitfalls in a digital age
July 29, 2024 - Choosing a new provider—the right provider for your business—is an important decision. As with any relationship, it helps to be clear about your priorities today, and in the future. So how should you evaluate the ‘fit’ of a new global payments provider?Navigating Currency Volatility: How multinationals can reduce exchange rate impact
May 8, 2024 - In the world of multinational business, the ebb and flow in FX rates can spell either boom or bust for companies operating across borders. Here, we unveil some key steps that can help reduce risk as they navigate the wild waters of currency volatility.Growing Pains: The Basics of Cross Border Cash Management
April 11, 2024 - Sending or receiving foreign currency payments can be frustrating – not to mention costly – and this cost is often swallowed as the cost of doing business internationally. Fortunately, there are options that can offer SMEs more transparency and control.Emerging Markets and Hedge Execution: A USD/MXN case study
March 15, 2024 - Financial professionals can potentially benefit from using FX derivatives. Prudent use can help businesses secure and enhance financial performance relative to budget, while also helping reduce risks that may arise as supply chains shift closer to home.The Rise of Nearshoring: What it may mean for Financial Planning and Analysis teams, Treasury teams, and CFOs
March 15, 2024 - Nearshoring—moving manufacturing and supply chains closer to home—has been on the rise. Rising labour costs, supply chain disruption, and COVID lockdowns accelerated this shift. There are positives, but also challenges, for financial professionals.Hedge Schedule Development: Best practices for aligning exposures with financial planning and analysis
February 13, 2024 - Rolling hedges and layered hedges are two structures that can be used to help temper the effects of FX volatility on the balance sheet. The flexibility they offer can help enhance a business’s ability to adapt its hedging tactics to market events.Subscribe to The Fintech ReportJoin AP, Finance, and Treasury professionals who rely on Corpay for their weekly insight on best practices, risk mitigation, AP automation, and the future of fintech.