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Oanda Integration
Considering the size and volatility of foreign exchange markets, businesses with multi-country presence essentially need an international payment process to manage financials for multi-location entities. Oanda, a leading foreign exchange and multi-asset trading services solution, provides quick multi-currency consolidation and easy multi-currency management. Integrating your ERP with Oanda helps automate conversions for transactions with maximum accuracy. As a result, businesses can measure currency rates precisely and maximize working capital by using Oanda’s automated access to foreign exchange details from their ERP, finance, or accounting system. Integrating Oanda’s exchange rate API with your current system allows you to receive accurate currency conversions and revaluations while improving financial reporting. Get the GUMU™ Sage Intacct – Oanda Integration to secure cross-border payments worldwide.
Features / Benefits
Reliable and Accurate Rates
Meet your company’s core financial needs with accurate exchange rates and local taxes for international transactions. Get average exchange rates and real-time and forward rates with Oanda.
Streamlines taxation
It simplifies tax compliance by instant access to multi-location tax values and effortlessly verifying them with tax rules.
Save on Exchange Rates API
Smart Events Logic in Sage Intacct triggers FX rate synchronization for different locations once a day. These rates can be used for multiple transactions of the same location in a day, reducing API interactions and making the entire system efficient and cost-effective.
Timely Exchange Rates Updates
Any changes in FX rate values specific to the day are notified to the user, giving precise conversion values.
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