Optimise cash management across your international subsidiaries
Centralise your intercompany flows, reduce your foreign exchange costs, and simplify liquidity transfers between your entities worldwide.
Managing intercompany cash flows is a strategic priority for international groups. From liquidity transfers between subsidiaries and cross-border payments in multiple currencies to internal funding requirements, every transaction can generate additional costs, operational complexity, and exposure to foreign exchange risk.
When different entities within a group rely on multiple banking partners and manage their cash flows independently, maintaining a clear, consolidated view of liquidity becomes increasingly challenging. Cash can remain trapped in some subsidiaries while others are forced to rely on external financing.
Devyzz helps international groups optimise their intercompany cash flows through a specialised solution for international payments, multi-currency management, and foreign exchange optimisation.
The main challenges of managing international intercompany cash flows
For international groups, managing intercompany flows is not simply about transferring money between subsidiaries. The challenge is to maximise the efficiency of available cash, reduce the costs associated with international operations, and maintain a consolidated view of liquidity across the group.
These are the key challenges that finance teams need to address.
International groups often need to manage cash movements between subsidiaries operating across different regions and using multiple currencies.
These flows may require frequent currency conversions, exposing the company to foreign exchange fluctuations and generating additional costs that can quickly add up.
International intercompany transfers can involve various fees, including transfer charges, foreign exchange commissions, intermediary bank fees, and costs associated with holding foreign currency accounts.
For groups processing a high volume of transactions every month, these costs can represent a significant expense and reduce overall financial efficiency.
When each subsidiary operates with its own bank accounts and cash management processes, it becomes more difficult for the finance department to obtain a global, real-time view of available liquidity.
This fragmentation can lead to inefficient cash allocation, with some entities holding excess cash while others need to seek external financing.
Groups regularly need to move liquidity between their different entities to support growth, cover operational needs, or optimise their cash position.
However, these transactions can be slowed down by complex banking processes, processing delays, or constraints related to different currencies.
When subsidiaries invoice, receive payments, or transfer funds in different currencies, foreign exchange market movements can have a direct impact on the group’s financial performance.
Without an appropriate strategy, adverse currency movements can affect the value of intercompany flows and make future cost forecasting more challenging.
In many international groups, each subsidiary still manages its own banking relationships and foreign exchange operations independently. This approach can lead to a paradoxical situation: while the group represents a significant volume of international transactions, each entity is treated separately by its financial service providers.
Smaller subsidiaries therefore have less negotiating power to secure favourable terms on international payments, foreign exchange rates, or banking fees.
A unified solution for all your international subsidiaries
When subsidiaries within a group work with different financial partners depending on the country, managing international payments quickly becomes complex. Each entity has its own processes, contacts, and sometimes different pricing conditions, limiting the group’s ability to pool volumes and optimise its operations.
With Devyzz, you benefit from a single partner for all your international entities. Through our platform and network of financial partners, we support groups across multiple jurisdictions worldwide, facilitating the opening and management of accounts for their various subsidiaries.
You can therefore centralise your international operations while maintaining an approach tailored to the specific needs of each entity.
Customised user access management for your organisation
An international organisation requires precise control over responsibilities. With Devyzz, each user has customised access based on their role within the group.
The group CFO can benefit from a global view of all entities, while local finance managers can access only their subsidiary’s accounts. Accounting teams can prepare payments without necessarily having approval rights.
This granular permission management helps maintain clear governance, secure operations, and comply with each group’s internal approval processes.
Optimise your international payments and foreign exchange terms
When each subsidiary manages its international payments independently, the group often loses part of its negotiating power. Volumes become fragmented across multiple entities, limiting the ability to secure the best terms for foreign exchange transactions and international transfers.
With Devyzz, the international flows of your different entities can be consolidated and optimised at group level. This pooling approach helps you benefit from more competitive foreign exchange conditions, greater cost transparency, and a more consistent approach to currency management.
"Groups often negotiate their banking terms at parent company level, while subsidiaries may continue to work with local providers offering highly variable conditions. This is where some of the greatest cost-saving opportunities are often found."
Multi-currency accounts to support your group worldwide
With Devyzz, your entities can access named multi-currency accounts in more than 30 currencies and 20 countries, helping to simplify their international operations.
These accounts enable you to receive payments, pay suppliers, and manage financial flows in different currencies, while facilitating liquidity transfers between your subsidiaries.
Devyzz also enables eligible companies to obtain local accounts in jurisdictions where they are not resident. For example, a French company may, depending on its eligibility, access an account in countries such as the United States, Australia, or Hong Kong to receive payments faster, streamline collections, and optimise its cash management.
This solution is ideal for companies that…
You want to centralise your international payments, reduce costs, streamline your processes, and gain a consolidated view of your flows across entities.
Your group is expanding into new countries and you are looking for a solution that can support the creation of new entities, the management of multiple currencies, and the centralisation of your operations.
Dividend payments, intercompany financing, internal recharges, or cash transfers: you want to simplify your operations while reducing the costs associated with international payments and foreign exchange.
Rather than having each subsidiary negotiate its own terms, you want to consolidate your volumes, harmonise your practices, and benefit from more competitive conditions across all your international flows.
📈 Take control of your foreign exchange risk exposure
Currency fluctuations can have a direct impact on the value of your intercompany flows and overall financial performance. With Devyzz, your teams receive expert support to identify their exposures and implement suitable hedging solutions, such as forward contracts.
FX risk management →FAQ – International intercompany cash management
Intercompany cash flow management involves organising and optimising financial movements between the different entities within the same group, including liquidity transfers between subsidiaries, intercompany payments, cash pooling activities, and internal funding requirements.
The objective is to ensure that the group’s liquidity is available in the right place, at the right time, and in the right currencies, while minimising costs and financial risks.
When each subsidiary manages its own bank accounts and international operations independently, the group loses visibility and efficiency.
Centralisation helps improve oversight of available liquidity, consolidate transaction volumes, optimise financial terms, and simplify the day-to-day management of international payments.
A centralised solution enables international groups to benefit from a single point of contact, a shared platform, and harmonised processes across their different subsidiaries.
Each entity can maintain an operating model suited to its own organisation, while allowing the group finance department to gain greater visibility and control over all operations.
Yes. A solution designed for international groups should enable granular permission management.
The group CFO can have a global view of all entities, while a local finance manager can access only their subsidiary’s accounts. Accounting teams can also prepare payments without necessarily having approval rights.
This setup helps ensure compliance with the group’s internal control processes and governance requirements.
Multi-currency accounts enable companies to receive and send payments in different currencies, reduce unnecessary currency conversions, and simplify their international operations.
They also provide greater visibility over financial flows and make it easier to manage the cash positions of entities operating across multiple regions.
Groups can reduce their foreign exchange costs by avoiding fragmented management of FX operations across subsidiaries and consolidating their currency volumes.
A consolidated approach helps them benefit from more competitive terms, greater transparency on applied rates, and support tailored to the group’s specific needs.
Groups exposed to multiple currencies can implement hedging strategies to reduce the impact of market fluctuations.
Solutions such as forward contracts can help secure an exchange rate in advance and improve the predictability of future costs.
Yes. Through its network of international partners, Devyzz supports companies operating across different regions worldwide.
Groups can centralise their international operations, manage multiple currencies, and benefit from specialised support for their payments and foreign exchange risk management.
Yes. Devyzz is typically used alongside companies’ traditional banks to optimise their international payments, foreign exchange transactions, and currency management.
Optimise your group’s global cash management
Devyzz helps international groups centralise their intercompany flows, optimise their foreign currency payments, and effectively manage their foreign exchange exposure.