Case studies / Furniture Fusion
Furniture Fusion
A leading contract furniture company and go-to supplier for the best hotel, restaurant and hospitality providers all over the world, from Europe to Asia and the Americas.
The challenge
Paying and collecting in multiple currencies across global suppliers and clients
FX costs and payment fees adding up over time
Manual reconciliation and payment delays creating extra admin and stress
What we did
Removed transaction fees and improved the FX margin
Identified exposures and used forward contracts to lock rates for planning
Introduced a streamlined platform to reduce reconciliation workload
Results
£25,000
saved per year, approximately
Up to 1 hour
less admin and reconciliation each day
More certainty
more predictable forecasting using forwards
Smoother payments
including same-day where possible
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