currency volatility can have a big impact on foreign cash flows.
Companies operating internationally, have incoming and outgoing cash flows in multiple currencies.
When moving funds from one currency to another, exchange rate changes leave the value of your cash flows unprotected and unpredictable.
This can have a bigger financial impact than you realise. Currency fluctuations can cost a company 5%, 10%, 20% or more -- especially in an uncertain macroeconomic and geopolitical environment.
For companies that aim to grow profitably and predictably, this adds unnecessary risk and uncertainty.
currency hedging can help you protect foreign cash flows.
Currency hedging can help companies protect against losses due to adverse currency movements, provide certainty about future cash flows and reduce risk.
It used to be a specialised skill for the largest companies in the world. Now it’s easy for any business and with Bound's smart and automated technology, you don't need to rely on:
Exchanging on-the-spot: Since you might end up playing currency roulette, depending on the rate on that day.
Banks or brokers: Who typically deal over phone/email and have clunky online portals, both of which can be complicated and tedious.
top finance teams trust bound.
We work with finance teams at some of the fastest growing companies.
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