Case Study: Zygo reduces currency risk and saves time with HedgeFlows

Zygo saves time on US Dollar invoices with HedgeFlows

Zygo, a provider of freight forwarding and logistics services, faced increased financial exposure after container prices rose exponentially following the Covid-19 pandemic. Their challenge was navigating these high prices and gaining better control and visibility over their foreign exchange risk when buying US Dollars to manage invoices. They turned to HedgeFlows for a solution using its currency risk management platform.

The HedgeFlows platform provided Zygo with the autonomy and visibility needed to understand their exposure and manage US Dollar invoices effectively. By integrating with their Sage accounting system, HedgeFlows automated the process, saving the team significant time that was previously spent on manual uploads and spreadsheets. This freed up resources, allowing Zygo to focus on acquiring new clients and taking on new work, while also better managing their currency risk.

Zygo