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Setting Risk Management Goals: Determining risk appetite and target risk levels

Once foreign exchange exposure is assessed, the next step is to set risk management goals. This involves determining how much risk the company is willing to take on and what its target risk levels are.

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By Cross-Border
Sep 8, 2023
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ScanDesigns
Cross-BorderGlobal paymentsRisk management

ScanDesigns

ScanDesigns needed a foreign exchange solution to stay competitive, and a partner with the depth of knowledge and expertise to support its business needs.

Great West Equipment
Cross-BorderRisk management

Great West Equipment

Great West Equipment 鈥淕WE鈥 frequently buys equipment and parts in USD and they needed to improve their management of FX risk for these purchases. They also saw a need to smooth out their FX volatility to better forecast for budget purposes.

Legacy Bus Sales
Cross-BorderRisk management

Legacy Bus Sales

Legacy Bus Sales was having trouble finding a partner who would provide the ability to address their unique foreign-exchange requirements.

Global Excel
Cross-BorderGlobal payments

Global Excel

Global Excel was experiencing rising costs with their traditional bank for in-bound wires, causing cross-border business to become costlier, and it was severely impacting their bottom line.

How to Find Your Way in the World of International Payments
Cross-BorderGlobal payments

How to Find Your Way in the World of International Payments

While international payment processes have evolved over time, the task is still nothing to sneeze at.

You're Furnished
Cross-BorderRisk management

You're Furnished

You鈥檙e Furnished frequently made international purchases, from a variety of countries around the world, and needed a solution to mitigate their risk so that they could focus their internal resources on developing other facets of their business.

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together