FiREapps.
Position | FX SOFTWARE |
FiREapps, a provider of foreign exchange exposure management technologies, has launched a software release that enables multinational corporations to predict, analyze and proactively manage FX exposures to balance sheets and cash flow forecasts. This enables them to protect margins, revenues and the value of their firms from foreign currency volatility.
This latest edition, FiREapps 4.0, "introduces visibility into forecasted cash flow exposures, empowering corporations to make optimal policy-based accounting and economic decisions that insulate revenues and margins from the adverse effects of foreign exchange volatility, while assuring compliance with industry regulations," the Scottsdale, Ariz.-based firm said in an announcement. These enhancements make it easier for companies to share data with existing ERP systems and drill down into the root causes of their exposures.
FiREapps 4.0's forecasted cash flow-related FX exposure management capabilities are packaged as a new software module called ForecastFX. Previously available balance sheet exposure management capabilities are now offered as TransactionFX.
ForecastFX expands upon FiREapps' fundamental approach to...
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