Case Study: Jabil achieves faster FX exposure visibility with FiREapps

Jabil - Customer Case Study

Jabil, a global manufacturing company, faced significant challenges in managing its foreign exchange (FX) exposure due to its decentralized operations. With 60 sites in 27 countries, its treasury team struggled to gain a consolidated, enterprise-wide view of its balance sheet exposures. The manual, spreadsheet-intensive process was slow, inefficient, and made it difficult to hedge risks effectively or ensure compliance. To address this, Jabil implemented FiREapps for Balance Sheet for lifecycle FX exposure management.

The FiREapps solution automated data extraction from Jabil's SAP ERP system, replacing a day-long monthly process with the ability to gain visibility into global exposures in under 10 minutes. This automation allowed for more frequent analysis, improved forecast accuracy, and better hedge results. The implementation established a compliant, auditable process for both balance sheet and cash flow hedge accounting. Partnering with FiREapps enabled Jabil's treasury team to transition from manual data management to a strategic, advisory role in FX risk management.

Jabil

Luis Montiel

Senior Director Finance