HedgeFlows
Founded: 2020
Products: Currency risk management, payment automation, cash flow analytics
Overview: HedgeFlows is a cloud-based risk management system for smaller corporates that trade internationally. Integrating HedgeFlows with accounting or ERP systems helps identify and quantify FX risks and provides the tools to manage them. The platform’s aim is to help small finance teams to manage foreign invoices, cash flows and payments “easily and confidently”.
The company was founded by industry experts, each experienced in running the global financial markets divisions of international banks. This experience has informed HedgeFlows’ design so that its users do not need to take long training courses nor rely on currency specialists to trade overseas. The platform leverages APIs and cloud-based data to help clients embed prudent principles into their existing processes and to capture timely insights that can assist “safer international growth without unnecessary costs”.
The platform’s features include:
- Fast integration with NetSuite, MS Dynamics, Sage 200c, Xero, and others, using its API
- Automatic identification of foreign cash flows, and quantification of associated risks gives a live view of exposures. Adding third-party hedges or additional forecasts aids future cash flow planning in 30 currencies. Individual access rights and approval workflows are enabled.
- Establishing risk management frameworks and policies is “intuitive”. Dashboards and alerts help monitor progress and create warnings when required.
Integration with invoicing and payments factory enables users to link, allocate and track any hedges together with specific forecasts, orders or invoices. AP teams can process payment runs on the same platform and reconcile automatically to ledgers, linking amounts, rates and other details across hedging and payment processes.
- Diagnostic reports help monitor FX gains and losses at a granular level and explain them to management or other stakeholders.
Clients: A range of businesses including social commerce platform, Moteefe
Active region(s): United Kingdom
Employees: 10
Ownership: Private
Elevator pitch: “HedgeFlows is a cloud-based risk management system for mid-sized corporates and growing businesses that trade internationally. Integrate HedgeFlows with your accounting or ERP system, and we identify and quantify FX risks and give you tools to manage them. We help you remove unwanted risks and unnecessary costs and empower small finance teams to manage foreign invoices, cashflows and payments easily and confidently.”
Website: https://hedgeflows.com
Email: [email protected]
Phone: +44 7748 866552
TMI view: International trade carries additional financial risks for all participants, in particular around FX. HedgeFlows aims to provide smaller firms with the tools to manage these risks that larger players have always been able to access.
Verdict: A forward-thinking solution that enables best practice treasury and risk management to be adopted by smaller corporates and SMEs.