Case Study: Scenic achieves daily cash visibility and streamlined FX hedging with the Reval Cloud Platform

Scenic’s Smooth Sailing with the Reval Cloud Platform

Scenic, a global luxury river- and small-ship cruise operator with sales offices in Australia, the UK, North America and operations across Europe and the Mekong, faced growing treasury complexity: revenues in many local currencies, costs largely in euros, widespread subsidiary bank accounts, and a need for accurate, timely cash visibility, FX hedging and regulatory compliance. The treasury team required an automated, scalable system to consolidate balances, manage complex derivatives and support intercompany liquidity decisions as the business expanded.

Scenic implemented the Reval Cloud Platform, which delivered a fast SaaS deployment and centralized bank data, enabling daily cash-flow reporting that runs in about an hour and clear tracking and limits on transactions. The solution improved hedging support, reduced manual reconciliation and error risk, freed staff for strategic work, and positioned the company to establish a centralized in-house treasury function.

Scenic