CFO News Room

NOVEMBER 1, 2022

Pfizer – Shares of the pharmaceutical giant jumped nearly 3% after the company reported stronger-than-expected earnings and issued an improved financial outlook. Stryker – The medical technology company dropped 4% after cutting its outlook due to inflation and foreign exchange pressures. J&J shares fell 1%.

Foreign Exchange 130

Foreign Exchange Profit and Loss Budgeting Advertising 130

PYMNTS

MARCH 6, 2019

Arm’s length transactions for intercompany loans, for example, can be proved by time stamping the [foreign exchange (FX)] rate from a trusted third party, and then via smart contracts auto-settling at maturity,” he said.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

SEPTEMBER 4, 2019

Ambikar launched the company after witnessing the challenges that companies in India’s pharmaceutical industry faced to export across borders without losing money to foreign exchange rates and other cross-border transaction fees. The company was among 40 FinTechs accepted into the Accelerator.

B2B 59

B2B Banking Foreign Exchange Pharmaceutical 59

PYMNTS

MAY 24, 2016

Its founder, Neil Ambikar, based in New Zealand, launched the company after witnessing the struggle of small pharmaceutical companies in India to successfully export across borders without losing significant funds due to foreign exchange conversion rates, cross-border payment and other transaction fees.

B2B 56

B2B Startups Foreign Exchange Pharmaceutical 56

Global Finance

JUNE 4, 2024

Other foreign companies operating in Sri Lanka include IFS, a global enterprise software solution company; HCL Technologies, a global IT company; Apollo Marine International, a food processor; pharmaceutical giant SmithKline Beecham; and Best Pacific International Holdings, an apparel manufacturer.

Economics 105

Economics Currencies Restructuring Foreign Exchange 105

PYMNTS

AUGUST 6, 2018

In other news, Iran is easing foreign exchange rules that were meant to be in response to U.S. It would also set aside subsidized hard currencies for trade of pharmaceuticals, as well as commodities. But] I tell the people that our economic situation is very good and our foreign exchange balance is good.”.

Foreign Exchange 40

Foreign Exchange Pharmaceutical Currencies Reconciliations 40

PYMNTS

MAY 1, 2018

Globalization of companies’ supplier base was also a factor in the complexities of their B2B payments processes, analysts noted, with most respondents reporting that foreign exchange payments were involved in up to a fifth of their monthly B2B payments.

B2B 47

B2B Invoicing Foreign Exchange Pharmaceutical 47