Supporting supply chain teams with enterprise currency management solutions | Global Trade Magazine
  November 2nd, 2018 | Written by

Supporting supply chain teams with enterprise currency management solutions

FiREapps Expands Their Software Category Beyond FX Risk

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  • This expansion comes as the company announces a new line of currency analytics for finance professionals.
  • With ECM solutions help manage currency exposure more effectively and support the needs of supply chain teams.

FiREapps announced the expansion of their software category from currency risk management to enterprise currency management (ECM). This expansion comes as the company announces a new line of currency analytics for finance professionals.

This new category of enterprise currency management solidifies FiREapps’ position as the industry leader, providing solutions that automate the analysis and management of currency data and exposures that impact organizations conducting business in multiple currencies.

“This evolution of our software category expands on FiREapps’ fundamental and proven strength in aggregating and providing accurate, complete and timely data,” said FiREapps CEO, Wolfgang Koester. “We continue to work with our amazing and insightful customers to evolve with and support them by continuing to add value in new and innovative ways. With ECM solutions, organizations can manage currency exposure more effectively and support the needs of FP&A and supply chain teams in managing expectations or using currency data in making more informed operational decisions.”

ECM solutions enable treasury and finance professionals to assess, mitigate and report currency impacts on corporate financial statements and results. More importantly, FiREapps latest ECM solutions give FP&A, supply chain and other finance professionals access to a common currency data platform that can be used to help avoid currency impacts, set and manage expectations of how currencies impact the business and make it easier to quickly and confidently answer currency-related questions from stakeholders.

 

 

About FiREapps

FiREapps is the leading provider of cloud-based Enterprise Currency Management (ECM) solutions for currency exposure management and enterprise currency analytics. Established in 2005, FiREapps developed the first solution to automate foreign exchange exposure management for multinational companies. Today, the company provides automated solutions to support the analysis and management of currency exposure, as well as the assessment and reporting of how currencies can impact corporate financial performance.

For more information, visit www.fireapps.com/

Source: fireapps.com


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