Navigating FX and International Payments Can Plague Multinational Firms. Not Anymore.
The FX rate you are invoiced for at the beginning of the month changes by the time you deliver payment due to FX fluctuations. Without a B2B international payment solution, this creates a host of problems for multinational firms:
- You lose profit opportunities, as foreign exchange fluctuations can lead to unexpected losses, causing international companies to miss out.
- You face cash flow uncertainties for losses during an invoice period, making it difficult to budget and plan for future expenses.
- You risk financial instability, where FX gains are discounted as non-income if you win, while FX losses hit your bottom line when you lose; and EBITDA suffers.