Corpay Cross-Border Launches Risk Visualizer, Transforming FX Risk Management

A game changer in visualizing FX risk exposure through automated assessments, Risk Visualizer can help enhance operational efficiencies and facilitate informed hedging decisions

Corpay¹, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is excited to announce that Corpay’s Cross-Border business has launched Risk Visualizer, a revolutionary solution designed to transform foreign exchange risk management, enabling business and financial managers to monitor currency exposure – and it can help them make well-informed hedging decisions.

In an era of growing international business activity, the management of foreign exchange risk remains a formidable challenge for organizations. Many experience complex issues stemming from decentralized invoice settlements, unclear cashflow trends and a lack of data-driven payment reconciliation, leading to a disconnect between payment processes and currency risk analysis.

“We’ve spoken with many CFOs and one thing is clear - currency risk management challenges are an extremely common pain point for them,” says Corinne MacMillan, Chief Product Officer, Corpay’s Cross-Border Solutions. “Many managers grapple with the manual maintenance of Excel or PDF reports for transaction data. This lack of real-time information can significantly impact hedging decisions and, consequently, profitability. Risk Visualizer was developed to automate and streamline this burdensome process, potentially saving organizations both time and money.”

The streamlined interface of Risk Visualizer combines customizable input parameters, integrated foreign exchange rates and personalized hedge thresholds. Based on the user’s entry of cashflow data per session, algorithms will generate an in-depth analysis of potential FX risks and list of commonly used risk management instruments. This provides organizations with the flexibility to apply hedges or implement the risk management solutions that they choose by executing directly from the Risk Visualizer dashboard.

Risk Visualizer is already making waves among its beta clients, primarily small and medium-sized enterprises across North America and Australia. These early adopters have recognized the immense value of the solution in helping them overcome growing pains and rely less on excel spreadsheets in their currency risk management strategies.

Key potential-benefits of Risk Visualizer noted by this group include:

• Simplicity: Simplify and optimize cashflow operations with Risk Visualizer’s user-friendly interface.
• Tailored input: Customize cashflow inputs flexibly, based on the user’s unique business requirements.
• Flexibility: Apply system-generated spot exchange rates or set custom budget rates for risk exposure analysis.
• Real time information: Get personalized and updated FX risk exposure summaries in real time.
• Personalized strategy: Take control of your risk management strategy with personalized hedge benchmarks.
• Effortless risk mitigation: Proactively view and book risk mitigation strategies in line with selected time horizons, directly from the platform.

“Our vision is to make currency risk management more accessible and efficient for businesses of all sizes. With Risk Visualizer, companies can obtain real-time analysis and make well-informed hedging decisions in one platform,” said Mark Frey, President, Corpay’s Cross-Border Solutions. “Looking ahead, we will continue to focus on innovating and advancing our cross-border payments and currency risk management solutions, in an effort to benefit our customers’ operational efficiency as well as their bottom line.”

For more information about Risk Visualizer and the benefits it can provide, please visit https://cross-border.corpay.com/risk-visualizer/ .

About Corpay

Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more, visit www.corpay.com.

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