Change management, business management and cost reduction companies are often an important part of the strategic process adopted by modern-day organisations. Whether they are contracted to write a strategy, deliver on one that has been unfulfilled or to evaluate where improvements can be made, these consultants are tasked with making a positive contribution, with cost reduction a key element.

Where do FX services fit into your business strategy? 

It does not matter if you are writing or delivering these strategic plans, one of the areas we would urge these business experts to look at is foreign exchange and the cost of international money transfers.

If your business is involved in any sort of international trade or the movement of international money then the likelihood is that they will be involved in the exchange of foreign funds and this means dealing with currency risk every day, which can have a dramatic effect on your bottom line. 

Often businesses will simply turn to their bank, but with no real help in the hedging of currency risk, least of all if you are an SME, many of these companies will forfeit the chance to hedge and be safe.

Benefits of using foreign exchange companies

This is an area when business management and change management consultants can immediately help their clients save and make more money in collaboration with foreign exchange brokers, like SWFX.

We continuously work with businesses to help best manage this risk and produce a positive outcome rather than ending up with a foreign exchange loss on their profit and loss each year.

We charge nothing for us to analyse what improvements can be made and to identify where sometimes huge amounts of money can be saved. Please do not hesitate to contact us to discuss your FX needs. We are the experts in this field, not the banks, so please let us help you cut costs and increase your profit margin.