Case Study: Evaneos protects margins from FX risk with Kantox

How Evaneos Protects Margins from FX Risk While Paying Suppliers in their Local Currencies

Evaneos, a Paris-based travel experience company, needed a better way to manage foreign exchange risk across payments from clients in five currencies and payouts to partners in 23 currencies. Before working with Kantox, the company handled FX manually with spreadsheets and spot conversions, creating inefficiencies, exposure to currency fluctuations, and pressure on a small treasury team.

Using Kantox Dynamic Hedging® via API, Evaneos automated its currency management and payments, with more than 500 monthly transfers now processed automatically. The solution helped lock in fixed prices, reduce FX risk for partners, improve transparency for customers, and eliminate markups caused by volatility; Evaneos also reported a 1.5-point increase in sales rates and about 10 hours saved per month in payment reconciliation.

Evaneos

Maxime Chanteur

Currency and DMC Payment Manager