Contributor: Paul Bramwell

In light of the still unpredictable economic environment, companies around the globe are taking measures to improve foreign exchange (FX) management with the goals of controlling and mitigating risk, lowering costs and maximizing corporate value. However, on the path to achieving effective FX management, many companies are challenged by non-standardized processes and policies, as well as a lack of benchmarking tools that can be used to help define success.... read more