Livingston, 7039, NJ,
United States
King Engine Bearings Technographics
King Engine Bearings Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by King Engine Bearings and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 220 King Engine Bearings employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that King Engine Bearings has purchased the following applications: HedgeWiz Currency Exchange Software for FX and Currency Management in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems King Engine Bearings is running and its propensity to invest more and deepen its relationship with HedgeWiz or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing King Engine Bearings revenues, which have grown to $29.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for King Engine Bearings intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
King Engine Bearings Tech Stack and Enterprise Applications
King Engine Bearings TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| HedgeWiz | Legacy | HedgeWiz Currency Exchange Software | FX and Currency Management | TRM | n/a | 2019 | 2019 |
In 2019, King Engine Bearings implemented HedgeWiz Currency Exchange Software as its FX and Currency Management platform. The deployment established local bank accounts for collections and payments in the United States, European Union, and United Kingdom to reduce incoming banking fees and avoid costly cross-border routing.
The implementation used HedgeWiz International Payments and Bank Accounts FX features, configuring bank account provisioning, local currency collections, and outbound payment routing to support faster local collections. A finance and payments deployment spanning Israel, the EU, and Mexico delivered faster local collections and reduced payment costs by more than 80 percent using HedgeWiz International Payments and the HedgeWiz Bank Accounts FX capabilities.
Operational scope targeted finance, payments, treasury, and collections functions, centralizing cross-border routing decisions and provisioning country-specific accounts for receivables and payables. Governance emphasis included standardizing collections and payments processes and embedding FX controls inside HedgeWiz Currency Exchange Software to align local banking rails with centralized FX and payment orchestration.
|
IT Decision Makers and Key Stakeholders at King Engine Bearings
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by King Engine Bearings Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||