Case Study: Pact Coffee achieves 100% cost predictability and 80% time savings with HedgeFlows

Pact Coffee achieves 100% cost predictability with HedgeFlows

Pact Coffee, a specialist direct-to-consumer coffee manufacturer, faced significant financial losses due to unmanaged GBP/USD currency fluctuations on its cost of imported coffee beans. After a broken promise from a large FX broker, Finance Director Nick Curran sought to implement a proper hedging strategy himself and turned to HedgeFlows for its treasury advisory and technology services.

With HedgeFlows' support, Pact Coffee built a robust FX hedging programme from scratch, which was integrated with their Xero accounting software. This solution provided the company with 100% predictability on foreign currency costs three months in advance and resulted in an 80% time saving on vendor payments by automating currency conversions and reconciliations. HedgeFlows gave Pact Coffee full control and visibility over its risk management.

Pact Coffee