You can't hedge what you can't see. Every day, treasury teams make hedging decisions based on incomplete information. Known receivables and payables represent only part of the picture. Pipeline deals in late-stage negotiation, unapproved supplier commitments, rolling intercompany balances—this exposure exists, but by the time it becomes "visible," the economic outcome is often already determined. Manual data aggregation no longer scales. By the time treasury reconciles data from fragmented ERP systems, procurement platforms, and sales databases, markets have moved and opportunities have passed. AI changes this reality. Not by predicting currency movements or replacing treasury judgment, but by surfacing exposure that already exists in your systems—before it becomes a problem. AI connects fragmented data sources, recognizes patterns humans miss, and interprets context at a speed manual processes cannot match. This book is a practical guide for treasury professionals ready to move beyond spreadsheets and reactive hedging. You'll learn how to identify exposure faster, implement systematic hedge strategies, automate compliance workflows, and integrate AI into existing treasury operations—without replacing your entire tech stack. The question isn't whether to adopt AI. It's whether you can afford to stay manual while competitors gain advantage. David J. Pierce is a treasury risk management expert and author of Managing Foreign Exchange Risk. He advises global corporations on FX strategy, hedge program design, and treasury technology implementation.Claude is AI and can make mistakes. Please double-check responses. Sonnet 4.5