Description

The answer to your currency administration problems

You chose SuiteCRM for a lot of reasons. Extreme flexibility. Low cost. No vendor lock-in.

But let’s face it, at the end of the day, you saw how it could help your bottom line.

Imagine a sales person has an opportunity for a customer in Brazil and your organization’s base currency is Euros. The opportunity was identified on May 25th for 10,000 BRL. With negotiations and specification engineering the sales cycle took three months.

On May 25 the EUR-BRL exchange rate was 4.259084 so the 10,000 BRL converted to 2347.92 EUR. However, on August 25 when the deal was closed the EUR-BRL exchange rate was 4.775611 and was worth 2093.97 EUR.

If your organization deals with more than one currency this situation is not unfamiliar. While dealing with exchange rates is unavoidable giving your users visibility into currency fluctuations can help them greatly.

As a SuiteCRM user dealing with more than one currency you know how troublesome keeping the currency rates up to date in SuiteCRM can be. Some of the pain points we often hear are:

• Why can’t I import currencies to update them?
• Can I really only update one currency at a time?
• Where do I get up to date currency information
• How can our users see how the exchange rates have changed over time

Currency Controller helps solve all of these problems and more.

We access the same API that some of the largest companies in the world and over 200,000 other users use to keep their currency data up to date.
Conversion rate updates are available at least every 10 minutes so your data is as accurate as possible.

We offer two packages to fit your organization’s needs: