OANDA

OVERVIEW

Organizations need accurate and reliable exchange rate conversions to occur in real-time. Prior to the introduction of OANDA, Costpoint relied upon an interface that manually updated the exchange rates. This process was unreliable, time consuming and could cause a significant negative impact on the business. The OANDA-Costpoint Integration suite integrates the currency exchange rate data sourced from OANDA with the Costpoint application.

HOW IT WORKS

BENEFITS

The OANDA-Costpoint suite is a proven solution for exchange rate needs of general ledger and expense management, providing multiple benefits that include:

  • Provisioning of automated exchange rates
  • Intuitive interface and ease of configuration
  • Minimal user intervention required
  • Realtime, accurate and guaranteed rates
  • Reliable and resilient solution with fault tolerant model

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