Constructing optimised
operations.
This leading construction and mining equipment supplier had plans to deliver additional hedge automation – with significant group benefits for hedging outcomes.
Background.
In the context of the organisation’s existing SAP hedging platform, this leading construction and mining equipment supplier set its sights on delivering an innovative and fully automated hedging platform for micro-hedging.
Approach.
Automating the client’s parts hedging processes and deploying a cloud analytics solution over the existing Teradata warehouse to help realise improved hedge cost and hedge accounting outcomes.
Results.
>100
Automation of FX hedge cover layering to purchase order exposures.
4 months
Timeline to realise the deployment of the new automated solution.
>1.5
Working days reduced in month-end close by deploying solution.