TAP TAP GO
Map the actual flows
List which currency each customer pays and each supplier receives, along with the expected timing. Distinguish a reporting conversion from an actual exchange transaction. A dashboard translated into one currency may hide the cash needed in another to fulfil orders.
Use documented assumptions
State the exchange-rate basis and date used in planning. For important decisions, test reasonable alternative rates and seek appropriate financial advice. Do not treat a historical conversion or a convenient round number as a guaranteed future settlement rate.
Keep operational choices visible
Review whether timing, invoicing arrangements or payment processes create avoidable mismatches. Any hedging or financial-product decisions require suitable expertise and business approval. The operating model’s role is to reveal exposure clearly, not prescribe a speculative currency strategy. Distinguish exchange-rate movement from provider charges when reviewing actual settlements. Combining them into one unexplained difference makes it difficult to identify whether the planning issue is currency exposure, transaction pricing or simply a timing mismatch between reports. Explain whether planning figures are rounded for readability, preventing a presentation estimate from being mistaken for a confirmed settlement amount or provider quotation.
Illustrative operating example
A hypothetical $100,000 supplier bill is due before customer receipts in another currency are converted. Even if the sale appears attractive in the reporting currency, exchange costs and timing can change the cash required. The model should show both currency flows.
Make it practical.
Use this checklist as you read. Checks are not stored.Published by Tap Tap Go. Product availability and eligibility vary by programme and market. About our stories.
