Currency Management Automation in Travel Distribution
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The global pandemic is exacerbating the need to automate business processes as intense competition and consolidation are driving profit margins down. Currency Management Automation, in particular, can be a crucial driver of efficiencies and growth in order for companies to remain competitive. Based on real industry insights, in this report we share:
- Why using one currency is riskier than many CEOs think
- How pricing is a key undercover FX tool to drive growth
- The advantages and downsides of using different hedging strategies
- The benefits of automated micro-hedging programs