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Navigating Currency Volatility: How multinationals can reduce exchange rate impact

In the world of multinational business, the ebb and flow in FX rates can spell either boom or bust for companies operating across borders. Here, we unveil some key steps that can help reduce risk as they navigate the wild waters of currency volatility.

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By Cross-Border
May 8, 2024
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Key considerations in your foreign exchange exposure analysis
Cross-BorderRisk management

Key considerations in your foreign exchange exposure analysis

In our blog, we explore the major differences between proactive and reactive FX management, and provide key considerations for structuring your FX exposure analysis.

Reduce Overhead Costs With AP Automation
Payments Automation

Reduce Overhead Costs With AP Automation

Overhead costs from manual payment processes are not the status quo, and can be eliminated with the right AP automation solution.

US Dollar Hits Seven-Week High, Bolstered by Data, Debt Ceiling Hopes
Cross-Border

US Dollar Hits Seven-Week High, Bolstered by Data, Debt Ceiling Hopes

"A raft of stronger-than-expected data is intersecting with a hawkish shift in communications from Fed officials to push rate expectations across the front end of the curve," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Comparing Manual AP and Automated AP Software
Payments Automation

Comparing Manual AP and Automated AP Software

Automated AP software provides companies with scalability and cost savings that manual AP processes can’t. Learn how the two options differ and find the right fit for your business.

Does Canada really need a digital loonie?
Cross-Border

Does Canada really need a digital loonie?

"In Canada we already have near-instant payments between people within the country. We have a very, very small unbanked population. What benefits would central bank digital currencies offer in terms of reducing payment system frictions?"

Yahoo!News: Local shares weighed down by energy and materials

Yahoo!News: Local shares weighed down by energy and materials

Corpay currency strategist Peter Dragicevich warned that markets have become too optimistic regarding how far and fast inflation might slow from here.

Smarter payments. Stronger growth. Keep business moving.

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