BNP Paribas signs an agreement for the acquisition of Kantox

17-10-2022 | treasuryXL | Kantox | LinkedIn |

treasuryXL congratulates highly valued partner Kantox with the announcement that BNP Paribas has signed an agreement to acquire the leading fintech for automation of currency risk management!

Source

Kantox, a leading fintech for automation of currency risk management, will accelerate its growth with the support ofย BNP Paribasย and the strengths of its integrated business model.ย This acquisition builds on the initial strategic partnership between BNP Paribas and Kantox initiated in September 2019.

BNP Paribas is pleased to announce the signature of an agreement for the acquisition of Kantox, a leading fintech for the automation of currency risk management. Kantoxโ€™sย software solutionย has managed to successfully re-bundle the Corporate FX workflow, offering a one-stop-shop, API-driven, plug-and-play solution which has emerged as a unique technology within the B2B cross-border payments sector. Kantoxโ€™s technology provides an unrivalled level of automation and sophistication to Corporates in setting up hedging strategies.

By leveraging its integrated business model, BNP Paribas is well-positioned to accelerate and extend Kantoxโ€™s offering to a wide range of Corporate clients across the globe.

The acquisition of Kantox is supported by the Global Markets business of BNP Paribasโ€™ CIB division and the business centres of the Commercial, Personal and Banking Services (CPBS) division. The two divisions aim to deploy Kantox technology to large corporates as well as SMEs and Mid-Cap clients, capitalising on market knowledge and the local presence of the group.

 

This acquisition illustrates BNPย Paribasโ€™ย Growth Technology Sustainability 2025ย plan thatย sets out to accelerate the development of technological innovations, enhance customer experience and provide best-in-class capabilities to its clients.

Philippe Gelis, CEO and co-founder at Kantox:ย โ€œWe have been serving clients together since 2019 when our technology partnershipย started. During those 3 years, we spent a lot of time together in the field, getting the opportunity to understand that together we were stronger and able to bring more value to clients. It is the best of both worlds, the leading software company in the currency management automation categoryย and the leading bank in Europe.โ€

Olivier Osty, Head of Global Markets, BNPย Paribas CIB:ย โ€œWe are delighted to strengthen our partnership with Kantox, which brings to our clientsย a unique and innovative platform to automateย theirย currency risk management. Corporate treasurers are currently navigating turbulent markets, and advanced technology can help mitigate some of the challenges, easing the burden of manual tasks and allowing them to focus on their core business.โ€ย 

Yann Gรฉrardin, Chief Operating Officer, Head of BNPย Paribas CIB:ย โ€œThe acquisition of Kantox presents a further illustration of our ability to establish long-term partnerships with fintechs in an ever-increasing range of areas. Supporting our clients in their international development and providing them with the most advanced technological solutions have always been our priority and are, as such key pillars of our GTS 2025 strategic plan.โ€

Thierry Laborde, Chief Operating Officer, Head of BNPย Paribas CPBS:ย โ€œThis acquisition demonstrates how our distinctive model and integrated platform strategy are able to create value and develop business opportunities. Our leading positions with European companies of all sizes will enable Kantox to further accelerate its development while improving our customersโ€™ experience.โ€

The acquisition is subject to regulatory approvals and is expected to complete in the coming months.

Eurofinance remains THE event for corporate treasurers | By Pieter de Kiewit

12-10-2022 ย treasuryXL | Pieter de Kiewit | Treasurer Searchย  LinkedIn

 

Throughout covid times the organizers of Eurofinance remained active and were able to create interesting web-based events. Still, general opinion in last weeksโ€™ event in Vienna was that there is nothing like the live thing. The programme was packed with interesting content, the event floor with interesting companies and visitors.

By Pieter de Kiewit

Communication leading up to the event and the venue, the Wien Messe, radiated experience in events of this size. The numbers of representatives and visitors were impressive. Luckily, the venue is big enough to not nerve the visitors who have to get used to large crowds again.

The programme was spread out over the very large room for plenary meetings, five large rooms for parallel session with presentations & panel discussions and โ€œopen roomsโ€ on the trade floor. Key note speakers like Guy Verhofstadt and Goran Carstedt were able to enthuse with stories beyond the scope of treasury, others covered topics about treasury technology, both practical & visionary and treasury organization, for example about my personal favourite, the treasury labour market.

For many, the trade floor was easily as interesting as the content. Visitors gained market information, for example preparing for a TMS selection and implementation. Also reuniting with old treasury friends and getting to know new ones, was relatively easy during well catered breaks. Some of the visitors created new legends during the Thursday night afterparty that is not covered by this looking-back-blog.

As treasuryXL ambassador I visited the various partners of the platform present and received positive feedback on the event. So Cobase, Kyriba, TIS, CashForce, Nomentia, Refinitiv and CashAnalytics, we hope to see you again in Barcelona again and welcome a number of new ones.

 

Hasta luego,

 

 

 

 

 

 

Thanks for reading!

Pieter de Kiewit

 

 

The Impact of the Supply Chain Crisis on Working Capital

10-10-2022 | treasuryXL | ComplexCountries | LinkedIn |

Working capital is always a hot topic โ€“ but never more so than now. Depending on how you count, most businesses are facing double, triple or more whammies.

Source

The Impact of the Supply Chain Crisis on Working Capital

  • Difficulty obtaining supplies, resulting in lost sales, or seasonal goods arriving too late for the season (one participant is in the apparel industry, where this is crucial).
  • Manufacturing inventories building up, as products cannot be completed or sold due to one or two missing components โ€“ but the rest have been bought and paid for.
  • Supply chain management building extra inventory buffers
  • Difficulty managing FX hedging programmes, as future cash flows become even harder to predict and forecast
  • And, of course, this is all happening against an environment of rising interest rates, which increases the cost of holding inventory
  • Margin pressures, due to increased shipping costs โ€“ especially given the increased use of emergency shipments, which come outside the agreed rates
  • Coupled with inflation and recession risks, there is an increasing concern over distributorsโ€™ being left with unsold inventory, with an accompanying credit risk

As always, we had a lively discussion โ€“ I encourage you to read the different stories our participants had to tell. They contain lessons for all of us. The main takeaways:

  • There is increased use of supply chain financing programmes, both supplier financing and factoring. Suppliers are becoming less reluctant to use them, and several participants have extended these programmes to countries and areas where they were not used before.
  • An increasing trend to use fintech platforms for this, rather than single bank programmes โ€“ often for capacity reasons, as well as ease of use.
  • In many cases, treasury is working with procurement and the suppliers to find a collaborative solution. This can involve paying suppliers early, to help them.
  • One participant spoke of a failed implementation of supply chain financing โ€“ the lesson being that you need to have the right team.
  • In each case, treasury is working with the business to try to find the right trade off between the cost of holding more inventory, and the cost of missed or late sales.
  • One participant uses internal factoring to make the best use of cash within the company, before they go to the outside market for funding. This is a cash optimisation tool we often forget.
  • One participantโ€™s company manages very large, multi-year fixed price contracts, with many suppliers around the world. This is a particularly challenging environment.
  • Again, while treasury tends to view inventory and working capital as an evil, it can also be a competitive advantage, if you can supply when your competitors cannot.

Managing and funding working capital is one of the biggest challenges we face. In an environment such as today’s, it is an area where treasurers can truly add value to the business.

 

Contributors:

This report was produced by Monie Lindseyย based on a Treasury Peer Call chaired byย Damian Glendinning

To access this report:

Access to the full report is available to Premium Subscribers of ComplexCountries. Please log in on the website of ComplexCountriesย to access the download.
Pleaseย contact ComplexCountries to find out about their subscription packages.

Group Treasurersโ€™ Exchange | Designed for Group Treasurers, by Group Treasurers

06-10-2022 | IQPC Exchangeย | treasuryXL | LinkedIn |



EUROPE’S PREMIER INVITATION-ONLY EVENT FOR GROUP TREASURERS

 

At the 10th annual Group Treasurersโ€™ Exchange, 60 Group Treasurers, Directors and Heads of Treasury will be coming to Berlin on November 15-16 to discuss how innovating the treasury function will mitigate risk and bolster profitability.

Designed for Group Treasurers, by Group Treasurers, the GT Exchange Europe 2022 offers a unique and exclusive format specifically tailored to unpack the issues that are most relevant. This invitation-only meeting is exclusively attended by a select group of pre-qualified senior treasurers responsible for creating an efficient and innovative treasury function. Attendees will benefit from an experience packed with networking with likeminded peers navigating the same industry challenges in a relaxed, consultative, and friendly environment.

The Exchange is attended by senior strategic leaders and decision-makers from major Treasury departments across Europe. Every attendee is personally invited and registered to ensure the right level of seniority and relevance to the event’s key themes.

Group Treasurers, Directors and Heads of Treasury can capitalise on a closed-door event with no press, full of one-to-one meetings, intimate breakout sessions, think tanks, roundtable discussions & more!

This innovative two-day event will cover key challenges facing an innovative treasury function, with expert speakers attending from a variety of top companies, including:

  • Roche
  • General Mills
  • C&A
  • SVP Worldwide
  • Galeria
  • Orange
  • Axpo Group

Topics discussed at the 2022 Exchange include:

  • Payments, Liquidity Management, Taxation and Regulation
  • Future of the Treasury Department
  • Promoting Innovation and Risk
  • Prioritising ESG Initiatives
  • Relationship Management
  • Digitalisation and Financial Efficiency
  • Cash Forecasting
  • Cost Elimination and Fraud Prevention
  • Value Creation Through Liquidity Strategy
  • Cross-Department Collaboration
  • New Technologies for the Treasury Department

 

If youโ€™re a qualifying attendee and want to attend the #GTEU Exchange, request an invitation here

 

REGISTER YOUR INTEREST

 

 

 

Don’t miss the latest episode of TIS’ Payments Hub Podcast!

06-10-2022 | treasuryXL | TIS | LinkedIn |

Don’t miss the latest episode of TIS’ Payments Hub Podcast! treasuryXL expert Patrick Kunz is featured in this edition. The topic of discussion is: Treasury in Finance; What are the newest trends and how can treasurers prepare?

In this episode, treasury and banking expert Kate Pohl speaks with industry consultant and thought-leader Patrick Kunz about the state of contemporary treasury best practices, technology utilization, and more.

Click here to listen to the complete episode

The New Normal in measuring Banksโ€™ Performance โ€“ ย Providing direct value to Corporates (for free)

05-10-2022 | BuyingTeams | treasuryXL | LinkedIn |

BuyingTeams โ€“ Improved Bank and Business Customer collaboration

Introduction of Buying Teams

BuyingTeams is founded by 3 former senior bankers, and on a mission to improve the collaboration between and banks and their corporate customers. The vision is to digitize the industry of corporate customer feedback and collaboration and provide value to both banks and corporates in their global organizations. The SaaS solution offered is built on the wishes and demands from both parties to ensure value for all.

Whether you sit in a corporate treasury front office role, or you are in a back-office role, without direct bank contact, you will benefit from the BuyingTeams bank collaboration solution.

Customer Data Problem

All founders of BuyingTeams have experienced firsthand the lack of detailed and actionable customer data for banks, that they now have set out to provide.

They have also experienced how banksโ€™ largest corporate customers, very understandably, become still less inclined to reply to customer surveys, as they have little or no value in doing so โ€“ other than pleasing the banks they work with. Feedback fatigue is clearly present.

Flipping the process to a solution

Buying Teams turned the process upside down, and looked into customer feedback to banks from the bank customersโ€™ โ€“ the companiesโ€™ – perspective:

How can we bring value to the companies while at the same time ensure timely and actionable customer data and insights for banks?

 

โ€œWe have actually solved this with the BuyingTeams Bank Feedback and Collaboration toolโ€.

 

They asked approximately 20 large and international companies from 4 different countries and across industries, which critical functions they currently would like to see in a bank collaboration tool. Based on these results Buying Teams started developing a solution that matches these interest points.

Examples are:

  • Questions prepopulated with an option to add their own
  • Access to benchmarking data
  • Bank services divided into phases
  • Automation features, and more

The solution is developed aiming at both large as well as medium sized companies, who wish to enhance their banking relationships. Companies having multiple banking partners as well as companies working only with one bank will benefit from the solution.

See all your banks at a glance

Companies can now work in one single digital tool and have all their feedback and other important data on the banks saved within their own solution. In just one overview companies can see all their banks in a real-time Dashboard and follow the development in banksโ€™ capabilities and service levels over time.

All colleagues within the company can be included and provide input, indicating which banks are performing well and in which areas of their business relationship, and indeed also where there is room (and desire from corporate side) to improve the collaboration. Input can be related to different phases; sales/advisory, delivery/implementation or indeed the daily use of the bank and will give specific and valid data that were not previously available.

This is extremely valuable for the front-office people in the organization that have meetings and negotiations with banks (and for the banks as well). They can be much more prepared than before, and with a minimum of effort and time spent. It is our strong belief, that this brings immense value in the bank-dialogue.

 

Measuring banksโ€™ performance, free for corporates

 

From our initial user dialogues, we have companies planning to invite +100 people in their global organization into BuyingTeams, and we also have companies with only one or very few users. BuyingTeams brings value to both cases.

The BuyingTeams solution also offers the corporates the option to benchmark their banking partners on different parameters relevant for each individual corporate.

 

โ€œWe wish to have as many companies as possible to experience the value that our solution brings, so we have made it free of charge for companiesโ€.



 

A summary of BuyingTeams features that bring corporates added value directly

  • Full data Dashboard on all banking partners
  • All colleagues working with banks have a voice
  • Reliable and structured data for bank meetings
  • Access to benchmark data on banks and banking services
  • Data based on template questionnaires and/or tailored by the corporate itself
  • Eliminate time spent on phone interviews and ad hoc spreadsheets for you and your team
  • Overview and sharing of requests and ideas for banks

BuyingTeamsโ€™ solution is available as SaaS, and companies can start using the platform within a few minutes.

Final thoughts

For a long time, corporates have been servicing their banks with feedback, where the process have provided very little (if any) value for them, and a degree of โ€œfeedback-fatigueโ€ has emerged over the past years.

With the right feedback and collaboration tool, corporates can now create valuable information and insights to the corporate itself, as well as to the relevant banking partners, who can use one and the same platform.

A platform creating value for both sides of the feedback process, in a real-time SaaS environment.

 

 

Interested? Go to buyingteams.com for information

 

 

13-Week Cash Flow Forecast Setup Guide

04-10-2022 | treasuryXL | CashAnalytics | LinkedIn |

13 weeks is the most popular cash forecasting time horizon because it strikes a solid balance between accuracy and range. A good 13-week forecast is accurate enough to strengthen decision-making while offering enough range to support medium-term planning.

13 week cash flow guide

Increase visibility into your working capital with a 13-week cash flow forecast.

Short-term reports donโ€™t give you the big picture โ€” and long-term reports donโ€™t give you the timely insights you need. To efficiently manage your cash flow, you need analytic reports that are fast to compile and easy to read 13-week cash flow reports help you manage your short-term and mid-term cash management, providing you with the timely information you need to make decisions about your business.

 

13-week cash flows:

  • Are required by banks for loans
  • Are often requested by private equity firms
  • Facilitate short- and mid-term cash management
  • Provide data not covered by other reporting processes
  • Hit a sweet spot between accuracy and range

Use our 13-week cash flow guide to start building your forecasting best practices.

Download the 13-week Cash Flow Guide

5 Steps to Automate (and Optimize) Your FX Risk Management Program

03-10-2022 | treasuryXL | Kyriba | LinkedIn |

Companies of all sizes and industries with FX exposures are being impacted by global trade complexities. New dynamics are putting CFOs and treasurersโ€™ FX strategies and their ability to explain results to the test. Automating an FX management program provides numerous advantages. Diminishing the need for manual involvement frees corporate risk, treasury, finance, and accounting teams from sourcing information manually from multiple systems, compiling and uploading it into spreadsheets and finally attempting to put all of this into a management report that is timely.

By Brian Blihovde
 Senior Director, Product Marketing

Source

Companies of all sizes and industries with foreign currency exposures are being impacted by a number of global trade complexities. For many, supply chain disruptions, interest rate, and price index increases are taking a toll on profitability. For many others, the impact from increased foreign currency headwinds is becoming the glaring reality unveiling weaknesses in FX risk management programs. CFOs are having a more challenging time predicting income statement impacts in both directions: favorable and adverse; neither direction is good, particularly for publicly traded enterprises. New dynamics are putting CFOs and treasurersโ€™ FX strategies and the ability to explain results, to the test. Using leading practices supported by leading solutions helps CFOs and finance leaders overcome these challenges of reliance upon manual, spreadsheet-based workflows.

Whether your organization is starting, advancing, or reassessing your individual FX risk programs, there are levels of benefits, value and success metrics tied to how exposed and how uncertain your levels of fx risk management are. For instance, are you able to identify exposures, aggregate and categorize them? Are those balances generated from automated journal entries or is there a manual component? Across your systems, how well are market exchange rates used and applied across the ERP, GL, procurement, billing, or FP&A modules? How often? Finally, and probably one of the most overlooked attributes, how long does it take and the number of staff who participate in attempting to gain access to even a partial picture of your FX risk? How efficient is the draw of FX data? Ultimately much effort is put into converting that data into information and what do the lags in the timeliness of the information you, as CFO are using to make decisions? The answer lies in a companyโ€™s ability to invest in technology and process transformation that can stem from that investment.

Automating the FX Management Process

Diminishing the need for manual involvement or onerous workarounds, frees corporate risk, treasury, finance and accounting teams from sourcing information manually from multiple systems, compiling and uploading into spreadsheets and finally attempting to put all of this into a management report that is timely. The giving them more time to analyze information, track exposure trends and proactively seek out other opportunities to eliminate risk. Ultimately, automation transforms how treasury professionals are perceived within an organization, allowing them to be seen as a key resource in strategic planning. The implementation of an FX management program provides numerous advantages, but the three high-level areas for the entire finance organization and business divisions exist:

  1. A complete pictureย โ€“ Gain a clear understanding of how currency is impacting the entire organization and create reports to analyze exposures in real time
  2. Maximum control of the businessย โ€“ Gain confidence in data quality and exposure accuracy to be able to detect underlying details that are not obvious in manual spreadsheet environments
  3. Informed business decisionsย โ€“ Incorporate historical business cycles, trends and the business insights gained from having detailed data to make better hedging decisions and drive better FX management results
  4. Growth and Scalability / Integrating M&Aย โ€“ business expansion, in the form of acquiring new business units and attempting to run consolidations on them is hard enough. Automation through leading technology can help take advantage of acquisitions and eliminate delays in synchronization from outlier processes or legacy mismatches in risk policy

FX Risk Management Automation: Implications for your Organization

The use of technology does not merely indicate that the application of technology will result in system integration and process automation. Yes, this is one of the starting blocks of taking good processes and creating time-saving opportunities to generate better decision-making with cost-savings optimization. One focus of FX Hedge Management optimization will involve operational cost savings, but another focus should be on taking more of a role in assessing overall strategic success of your hedging through currency pair correlated VaR analyses and scenario analyses. Having more analytical power from technology automation can speed access to better information on your overall cost of hedging foreign currency risk.

Evaluating your FX Risk Program Operations

When evaluating your FX management programs, organizations should consider which of the following aspects of their FX workflow requires better efficiency and effectiveness:

  • Data collectionย automation can eliminate manual time spent on the collection of exposure data and enable teams make better decisions based on the most accurate information
  • Calculation and analysisย of exposures automatically determines the impacts of rate changes, identify impacts that surpass materiality thresholds, and pinpoint accounting or posting issues
  • Hedging and trade preparationย processes are pre-proposed from exposure information to ensure corporate decision strategy or policy application and trades are automatically prepared for submission following hedge approval
  • Complianceย automation enables the standardization of compliance practices and ensures that documentation contains historical audit trails for reporting purposes
  • End-to-end workflowย automation eliminates manual processes and human error for an improvement in both efficiency and security

Expanding Analytical Capabilities

Technology solutions should undergo assessment for various capabilities that are part of leading analytical aspects of the FX Risk program. For instance, portfolio VaR analyses can help companies create portfolio views or dive into targeted gross/net exposures while considering the cost of a hedge across specific currency pairs, portfolios. Automation for running simulations helps determine top hedging scenarios that your risk managers can analyze to determine what currency pairs to hedge and what the resulting net exposure and portfolio value at risk will be. Access to automated dashboards and FX business intelligence gives your treasury and finance leaders the ability to Identify strategies to reduce costs and improve the efficiency of your exposure management and hedging programs across specific parameters and filters. If you cannot choose various exposures, legal entity slices, or currency selections, you are not optimally running an automated or efficient FX program. Finally, FX trade desk workflow automation and confirmation capabilities for the back-office is often under-estimated as entering and executing FX trades is part of operational or physical workflows attributed to the program. However, the implications to generating entries, integration to trading or confirmation platforms makes this an integral part of FX Risk processes.

5 Steps to Create an FX Automation Roadmap

The goal is the create a plan and roadmap to optimize and transform the way your finance organization collects, analyzes, aggregates, and mitigates risk from foreign currency exposures. One suggested approach is to work withย FX Advisorsย to help you understand where you are and how to get there. As always, having a plan, success measures tied back to value drivers helps programs succeed.

FX Improvement Steps Objectives, Guidance
1.
Identify Systems, Sources of Exposures
Often, there are a wide array and extensive network of foreign currency denominated transactions; and extremely unlikely to be creating offsets that could qualify as natural hedges. The inventory of systems in an extensive matrix is a very good starting point.
2.
Assess Integrity of your FX data, GL accounts, & source postings
Once the system landscape is understood, how well are the controls on your ERPs, ancillary systems and manual transactions coming from sub-ledgers? Are your financial statements subject to shifts from erroneous transactional impacts?
3.
Select and deploy technology targeting automation
Consolidating technology platforms into one risk management platform, allows finance organizations to save significant, material cost amounts and increase profitability from merely being accurate in their hedging activities. Fully automating your FX management program with technology, which entails modernizing data collection, exposure consolidation, calculation and analysis, and hedging recommendations, ensures an organization is operating in step with current FX best practices.
4.
Target a full, end to end solution
Your technology solution should provide for:
  • direct ERP data extraction and aggregation
  • exposure and risk analysis generation
  • automated risk transfer
  • VaR correlation analytics and scenario analyses
  • trade execution connectivity to banking portals and trading platforms using state-of-the-art, highly secure SaaS solutions
5.
Customizable, Flexible Business Intelligence
Reporting and dashboards create relevant and valued analytics at your fingertips with real-time speed and automation.

Kyribaโ€™s FX Advisory Services professionals give you leading practice advice and guidance in identifying, assessing, measuring, and implementing positive FX Risk Management results across your people, processes and systems. Learn how to improve and transform your FX Risk Management profile into more predictable and effective hedging results

Learn more about Kyribaโ€™s leadingย FX Risk Managementย solution and our FX Advisory Team today. Reach out to our team of FX Risk Management professionals at:ย [email protected]

Click here to view all blogs by Kyriba

LIVE SESSION | My Treasury Career Development & How the Register Treasurer education contributed

29-09-2022 ย treasuryXLย | Treasurer Search |ย LinkedIn

 

Are you thinking about how you can shape your treasury career and in need for inspiration? There are plenty of education opportunities, but in what education will you invest?

 

 

You are invited to join our next Live Session. Registration is Now Open for:

๐Œ๐ฒ ๐ญ๐ซ๐ž๐š๐ฌ๐ฎ๐ซ๐ฒ ๐œ๐š๐ซ๐ž๐ž๐ซ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ & ๐‡๐จ๐ฐ ๐ญ๐ก๐ž ๐‘๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐“๐ซ๐ž๐š๐ฌ๐ฎ๐ซ๐ž๐ซ ๐„๐๐ฎ๐œ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ž๐

There is no standard career path for treasurers but one can learn from the choices and developments of the successful ones.

In this webinar two graduated Register Treasurers will share their stories:

  • ๐ŸŒŸ Jurgen Wessel RT is interim Head of Treasury of SHV and has experience in a variety of international companies at HQ and treasury hub level.
  • ๐ŸŒŸ Frank van der Hoeven RTย van der Hoeven used to be a banker, moved to the corporate side and currently is Treasury Manager at IMCD, well-known for many successful acquisition and integration processes.

They will tell you about how they moved between various stations and will pay special attention to the added value of their post academic degree: The Treasury Management and Corporate Finance programme (RT Programme) at the Vrije Universiteit Amsterdam (VU Amsterdam).

 

REGISTER HERE

 

Everyone is welcome to this webinar. This webinar is extra relevant for those who consider joining the RT programme.

๐ŸŒŸModerator:ย Pieter de Kiewitย ofย Treasurer Search

๐ŸŒŸDuration: 45 minutes

 

We can’t wait to welcome you next week!

Best regards,

 

 

Kendra Keydeniers

Director, Community & Partners

 

 

 

 

Download Kantox’s Budget Hedging Report

28-09-2022 | treasuryXL | Kantox | LinkedIn |

Are you a CFO or Treasurer drafting your upcoming budget? Find out how to set, defend and outperform your budget rate in Kantox’s exclusive new report.

Based on real industry insights, you can learn:

๐Ÿ”น The best way to set a budget rate

๐Ÿ”น How to delay hedge execution while reducing forecast risk

๐Ÿ”น How to improve your budgeted profit margins

๐Ÿ”น Top solutions to automate time-consuming processes

๐Ÿ‘‰ Get your report here