Invoice-Level Hedging for firm commitments.
Micro-hedging, renamed for plain-English operators: match invoices, POs, and projects to hedge coverage at the item level.
Invoices, POs, and forecasts in the ledger
Firm vendor invoice with recorded forward coverage.
Signed PO below policy target; review before maturity.
Forecast layer remains separate from firm commitments.
Modeled active ledger items
Forward records tied to open exposure
Items below policy threshold
Best for controllers who need every material invoice or PO to have a visible hedge status.
- The team cannot tell which specific invoices are protected.
- Hedges are recorded in one file while exposure lives in another.
- Project-level margin is hard to explain when rates move before settlement.
- Classify firm commitments into invoice-level coverage status.
- Trace hedge coverage back to reference IDs, vendors, maturity dates, and providers.
- Spot the exact invoices that need attention before month-end reporting.
Classify first, recommend later.
Public language stays disciplined: PolicyFX classifies the exposure profile and prepares the next conversation. Execution remains with the provider the company chooses.
- 01
Tag the commitment
Each invoice, PO, or project gets a currency pair, amount, maturity, owner, and reference.
- 02
Record coverage
Forward trades are captured with trade date, maturity date, provider, and locked rate.
- 03
Classify item status
PolicyFX shows which commitments are covered, under target, watched, or still open.
Unhedged FX turns timing into margin risk.
Hedging does not remove every risk. It gives finance a disciplined way to decide which exposures should be protected, which can remain open, and which require a bank conversation before rates move again.
Protect budget rates
Keep supplier, inventory, and project costs closer to the assumptions finance already approved.
Reduce margin surprises
Make adverse currency moves visible before they land in gross margin, cash-flow, or month-end variance reviews.
Improve bank conversations
Separate exposure measurement from execution so the provider discussion starts with policy, maturity, and coverage gaps.
Bank of Canada daily average, 2026-05-25.
BoC daily average USD/CAD
Latest BoC daily average
More CAD required over that move
A payable that is below policy can quietly become a larger CAD funding requirement before treasury has evidence ready.
CoverageDesk shows under-covered, over-covered, and on-policy exposure so the next move is reviewed against policy first.
Market figures are context for exposure planning only. PolicyFX does not execute trades, quote FX rates, or provide financial advice.