Industrie Pharmaceutique

Centralise intercompany exposure, automate layered hedging, and eliminate EBITDA volatility across global production and distribution subsidiaries.

Speak with a Pharma FX Specialist

Why manual FX management fails pharma groups at scale

Global pharmaceutical groups face structural FX risks that manual treasury workflows cannot effectively manage.

Intercompany exposure

Each transaction between production and distribution entities creates an internal FX exposure — one that compounds before it surfaces in your P&L.

The "EBITDA Cliff"

R&D cycles require budget rates to hold for 24+ months. Relying on monthly ERP downloads means you are 30 days late to every market move, leading to sudden hits to operating profit.

Fragmentation & Friction

Lack of real-time visibility into subsidiary-level data results in over-hedging and excessive bank spreads. HQ treasury lacks the data for strategic forecasting while buried in manual consolidation.

Protégez les taux budget

Protégez votre budget et réduisez le risque prévisionnel en combinant votre programme de couverture budgétaire avec un programme de micro-couverture automatisé afin de garantir un taux couvert systématiquement supérieur ou égal à votre taux budget défini en fin d’année précédente.

Optimisez les points de terme

Utilisez un système automatisé permettant de repousser la prise de couverture et donc de réduire l’impact défavorable des points de terme sur la couverture de vos ventes à l’international.

In-House FX:
Centralising the Internal Bank

Stop subsidiaries from trading independently with local banks. We identify natural offsets between production and distribution nodes before hitting the market.

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Centralised Netting & Visibility‍

HQ acts as the sole counterparty for all global entities, providing 100% visibility into intercompany cash flows and reducing "accounting noise" during consolidation.

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Operational Efficiency‍

Reduce transaction costs by netting exposures internally. HQ manages the net balance with global banks, achieving institutional spreads impossible for local subsidiaries.

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M&A & Scale Integration‍

Rapidly integrate newly acquired entities or production hubs into the group FX policy by deploying automated workflows that sync with existing ERP data (SAP, Oracle, Dynamics).

Comptabilité

Automatisez facilement les tâches manuelles de la comptabilité de couverture; les informations pertinentes sont immédiatement collectées par Kantox Dynamic Hedging®.

Comment Siegfried a unifié ses opérations de change mondiales avec Kantox

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Secure your group-wide profit margins

Review how our FX automation models align with your current intercompany flow and budget cycle.