LES provides solutions for Treasury in several areas:

• LES is a leading analyst of corporate Foreign Exchange (FX) transactional mark-ups. LES reports detail clearly the mark-ups paid to FX suppliers on any FX transaction, and make FX trading costs transparent.
• LES can help you convert to a system of Electronic Payment. LES provides a proven system to successfully migrate Treasury from checks to electronic payments in just 90 days, so you can quickly and efficiently start to reap the many cost benefits of paying suppliers electronically.
• LES through its affiliate CEI can show corporations how to effectively recapture significant monies via Value Added Tax (VAT) reclaim in qualifying foreign countries.

Our management team has a wealth of experience that can be yours via the LES Treasury Suite™ of products. These portal products are efficient, cost-effective, and exact, giving you all the data you need to make suppliers accountable to you and to help you negotiate in areas of treasury operations that are often difficult to dissect.

How do you compare with your peers? Are you paying too much? Can you do better? Use the LES Treasury Suite™ to make sure you are where you want to be.

Did you know that Value Added Tax (VAT) can be as high as 25%, assessed throughout the European Union?
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Foreign Exchange Costs Rationalized
An American manufacturing company with facilities in Europe, China and Mexico does approximately $25 million in Foreign Exchange (FX) transactions per year. ...
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What's New

 Why review your FX transaction mark-ups!? Look at this from the October 22 New York Times:

"California’s attorney general, Jerry Brown, said Tuesday that he was suing State Street, the large Boston-based bank....Mr. Brown said that State Street overcharged the pension funds by adding a secret and substantial mark-up to the price of interbank foreign currency trades, totaling $56.6 million over eight years. The interbank rate is the price at which major banks buy and sell foreign currency." The entire article may be viewed at: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/20/BU9G1A87H2.DTL

With the LES suite of reports, analysis and continued trade monitoring — you will have a complete picture of FX mark-up costs, and there will be no doubt about the FX mark-ups you are paying from any FX supplier.

Let's make an appointment to talk about your situation - or to view the LES Demo, soon.

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