Intercompany FX at close: policy owners and explainable residuals

Currency translation and settlement timing create deltas that are legitimate until policy says otherwise. Group finance must separate what the ledger shows from what treasury and consolidation have already decided to accept or hedge.

What stays with treasury and consolidation policy

Rate sources, hedging narratives, materiality thresholds, and statutory translation rules are not outsourced to a matching tool. Ninon surfaces residual amounts with traceable context so reviewers can align with documented FX policy—not auto-close every shock.

What operations can industrialise in the workspace

Ranked proposals, plain-language rationales on near-miss pairs, and memory of prior period decisions on recurring corridors reduce email archaeology. Reviewer approve/reject actions stay in the audit trail alongside the break that triggered the discussion.