Alimentation

Découvrez les avantages de l’achat et de la vente en devises afin de sécuriser les marges et de vous étendre en toute confiance sur de nouveaux marchés.

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Automatisez la gestion des devises pour développer votre entreprise

Automatisez l’ensemble du processus de gestion des devises pour développer votre entreprise tout en réduisant les risques et les coûts.End-to-end FX risk management allow you to grow your business while keeping full control.

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des devises dans le secteur alimentaire"

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More currencies, less manual work for Food companies

Protect your profit margins and avoid unnecessary markups from suppliers by embracing currencies. Let automation do the work to keep your FX-driven dynamic prices updated and gain a competitive edge without the FX risk.

Viande

Développez des relations étroites avec vos clients grâce à des solutions logicielles capables de traiter automatiquement n'importe quelle quantité de transactions, dans autant de paires de devises que nécessaire.

Pêche et aquaculture

Ajoutez du dynamisme à vos programmes de couverture et profitez des avantages offerts par les devises tout en protégeant l'entreprise du risque de change.

Fruits et légumes

Rapprochez-vous de vos fournisseurs et de vos clients et tirez parti des devises étrangères pour développer votre entreprise, sans risque de change.

Viande

Développez des relations étroites avec vos clients grâce à des solutions logicielles qui traitent automatiquement et facilement n'importe quel nombre de transactions, dans autant de paires de devises que vous le souhaitez.

Fruits de mer et poissons

Dynamisez vos programmes de couverture et profitez des avantages de la négociation de devises étrangères tout en protégeant l'entreprise contre le risque de change.

Fruits et légumes

Parlez la langue de vos fournisseurs et clients et utilisez la puissance de l'automatisation des devises pour développer votre activité, sans risque de change.

Automatisez la gestion des devises et développez votre entreprise à l’international

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Contactez nous

FAQs about Kantox for the Food Industry

We impose the EUR on our suppliers. Why should we start working in currencies?

Currency fluctuations can hurt your competitive position and margins, even if you impose the EUR on your foreign suppliers.

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For your suppliers outside the eurozone, being paid in EUR involves both a risk and a cost. The risk, first, that their currency will appreciate versus the EUR between the moment they set their prices and the moment they receive payment in EUR. The cost, second, of converting EUR in their domestic currency.

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To cope with this, suppliers typically apply mark-ups on their prices. In the food industry, these mark-ups can sometimes go up to 10%.

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By paying your suppliers in their preferred currency, you can avoid these mark-ups, negotiate better prices, and enhance your margins. With a suitable hedging policy in place, in turn, you can guarantee these margins stay stable.

We only sell in EUR. Why should we start working in currencies?

Only selling in EUR can significantly slow down your growth in international markets. Put yourself in your customer’s shoes: buying in a foreign currency is inconvenient, might be unfamiliar, entails fees from the bank or payment service provider and can involve foreign exchange risk. If your competitors are offering prices in local currencies, you are probably losing out on potential sales.

What currencies does Kantox work with? Does Kantox support exotic currencies?

Kantox supports a wide range of currencies, including exotic currencies. Contact our Currency Management experts to learn if we can help you with your FX needs.

Can a user of Kantox solutions still have some control over the transactions made on the platform or is it all completely automated?

While the platform is designed to automate many aspects of the FX workflow, users maintain control throughout the process.

For example, users can set up different types of hedging rules and select their preferred liquidity providers for trade execution. They can set manual checkpoints at each phase of the FX workflow, or define time-based, volume-based or currency-based triggers that mandate a manual validation. In addition, they can rely on real-time reporting dashboards to monitor their exposure and hedge book.

How can Kantox help me price dynamically in international markets?

Kantox’s Dynamic Pricing helps companies automatically update prices based on currency market movements. The tool can be set-up in a variety of ways, enabling pricing teams to achieve their desired objectives.

Can Kantox solutions integrate with any ERP or TMS system, and how?

Kantox uses API integration to connect with your data systems. API connectivity allows the Kantox platform to receive information from data tools such as ERP, TMS, MDP, booking engine, etc in real time.

How can companies manage risks when operating in exotic markets with diverse currencies?

Kantox supports non-major currencies where liquid and well-functioning Non-Deliverable Forwards (NDFs) are available. Companies can:

Price with forward rates to mitigate risks.
Use flexible hedging setups to delay execution and lower costs.

These solutions provide the flexibility to operate confidently in exotic markets.

Why does a company need automation in their FX hedging process if they already hedge their Sales Orders and Purchase Orders?

A company needs automation in their FX hedging process because it can help them to:

Reduce FX risk: Automation removes currency risk with very precise balance sheet and cash flow hedging programs.
Reduce costs: Automation reduces FX hedging costs by reducing the forward point impact and connecting to Multi-Dealer platforms.
Improve accuracy: Automation can help to improve the accuracy of FX hedging by using a market-based approach.
Increase efficiency: Automation can help to increase the efficiency of FX hedging by streamlining the entire workflow.

How does Kantox handle cancellations or modifications?

Kantox offers several options for managing modifications:

Triggering a swap or defining a cancellation rate.
Processing negative entries to adjust previously recorded transactions.

These flexible solutions adapt to evolving needs of companies in the Food industry.

How does Kantox address the issue of unreliable forecasts in the food industry?

Thanks to our innovative static hedging strategy businesses delay hedging decisions, allowing them to refine their forecasts as the year progresses and uncertainties like weather conditions or harvest yields become clearer.

Automatisez la gestion des devises pour développer votre entreprise

Téléchargez le rapport sur “La gestiondes devises dans le secteur alimentaire"

More currencies, less manual work for Food companies

Automatisez la gestion des devises et développez votre entreprise à l’international

FAQs about Kantox for the Food Industry

Réserver un créneau avec l'un de nos experts en matière de devises

Téléchargez le rapport sur “La gestion
des devises dans le secteur alimentaire"