Cash & Liquidity Management
Published  5 MIN READ
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Currencies: From Forecast to Settlement

Currencies: From Forecast to Settlement

by Duncan Kerr, Deputy Editor, Euromoney 

One of the greatest challenges any corporate treasurer of an international company will face is managing payment and receivable flows in multiple currencies. In the age of globalisation when companies are expanding rapidly into new markets, this challenge is becoming ever greater and more acute.

Ensuring the best possible visibility around these flows and currency exposures is a crucial starting point in managing this effectively. Managing it successfully will depend the internal strategy or set of strategies the treasurer then employs. 

Offering their insights on this particular challenge, Yves Gimbert, group treasurer of GDF Suez, and Bruno Demonie, deputy director of finance, Cigna, explained the level of visibility they have on this part of their business, as well as the strategies they employ in order to manage this risk exposure effectively.