Case Study: Zygo improves US dollar invoice management and visibility with HedgeFlows

Zygo The right functionality to manage US Dollar ($) invoices effectively

Zygo, a provider of freight forwarding and logistics services, faced a significant increase in its exposure and risk due to exponentially higher US Dollar container prices following the Covid-19 pandemic. Their challenge was to gain better control and visibility over managing these foreign payment processes in a more cost-effective way. To address this, they turned to HedgeFlows for its financial technology platform.

HedgeFlows provided a solution that integrated with Zygo's Sage accounting system, automating the management of US Dollar invoices. This gave the team autonomy and real-time visibility into market movements and their exposure, eliminating the need for manual spreadsheets. The implementation saved Zygo a considerable amount of time, allowing staff to focus on acquiring new clients and taking on new work, while also minimizing their financial risk.

Zygo

Charlotte

Operations Manager