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HomeNewsBusiness Wiremoneycorp North America Announces Partnership With The CFO Centre to Help Businesses...

moneycorp North America Announces Partnership With The CFO Centre to Help Businesses Navigate Foreign Exchange Amidst Global Economic Uncertainty

  • Strategic partnership to support businesses navigating the complex world of foreign exchange
  • Solutions will be tailored to the evolving role of today’s CFOs who are becoming increasingly responsible for digital transformation and financial management
  • The partnership will benefit small and medium sized enterprises in the US and Canada that seek cost-effective FX and financial solutions

PROVIDENCE, R.I.–(BUSINESS WIRE)–moneycorp North America, a leading provider of global payments and currency risk management, today announced their partnership with The CFO Centre, the world’s top provider of part-time CFO services.

In times of uncertainty, the role of the CFO is increasingly presented with new challenges ranging from digital transformation and back to liquidity management and forecasting. Almost three-quarters of financial decision makers now have responsibility for driving digital transformation. CFOs are working in a backdrop where businesses are embracing new solutions to resume business after “The Great Pause,” and reimagine a new way of doing business in today’s post-pandemic economy. According to McKinsey, the majority of CFOs and other C-level executives believe their CFOs are significantly or the most involved in bringing deep financial expertise to discussions.

The integrated partnership of The CFO Centre and moneycorp North America will offer leading foreign exchange and currency risk management solutions to those wanting guidance on how to best optimize foreign exchange revenues and global payments throughout the organization. moneycorp will service North American businesses with a dedicated customer service team providing personalized service for those on the moneycorp platform and those seeking daily currency market economic trend reporting.

“We are thrilled to be selected by The CFO Centre to offer our foreign exchange and currency risk management services to their diverse and global customer base,” said Bob Dowd, CEO of moneycorp North America. “By bringing our two worldwide leading organizations together we create an unprecedented opportunity to deliver expertise in currency risk management directly to finance teams.”

The CFO Centre connects businesses across North America with high caliber and experienced Chief Financial Officers who are positioned to help accelerate the growth and maintenance of business lifecycles.

“We are excited to be working with the team at moneycorp. This partnership, of two global companies with local expertise, allows us to provide our clients with moneycorp’s comprehensive foreign exchange and currency risk management services that have benefited our clients worldwide,” said Ian Young, Chief Executive Officer at The CFO Centre.

moneycorp’s UK headquarters has been a partner with The CFO Centre’s parent company, The FD Centre, for the past five years. Liquidity and forecasting will continue to be critical for many businesses across the world, and the CFO’s liquidity plans will be put to the test. This partnership with The CFO Centre and moneycorp North America will be providing relevant hands-on tools and solutions to move teams across organizations up the curve.

About moneycorp North America

moneycorp North America is a leading provider of global payments and currency risk management. We pride ourselves on delivering high touch service and customized products that put our customers’ business first. Our team of knowledgeable, seasoned professional create tailor-made solutions for seamless cross border payments and safeguarding FX risk exposure. Established in 1979, moneycorp serves global clients across North America, South America, Asia, Europe and Australia. Visit www.moneycorp.com/ to learn more.

About The CFO Centre

The CFO Centre provides the skills and experience of large company CFOs to small and medium sized enterprises on a part-time basis. The CFO Centre is a subsidiary of The FD Centre Limited, the global market leader in providing part-time CFOs to the SME market in the UK, Australia, Canada, USA, the Netherlands, Hong Kong, Singapore, China, New Zealand, India and South Africa.

Contacts

Megan Kent

moneycorpteam@magnoliamc.com

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