Documentation
Featured Case Study: ADC Telecommunications
FiREapps™ ADC Telecommunications Case Study
Learn how ADC Telecommunications used FiREapps to achieve ERP exposure data visibility, empowering Treasury to cut FX costs and reduce risk.
Product Brochures
An overview of the FiREapps on-demand exposure management platform, highlighting the benefits of complete exposure data capture, timely exposure calculation and transparent FX exposure management processes.
Find out how FiREapps keeps your data secure.
White Papers
A 2010 Industry Survey:
2010 FX Exposure Management Benchmark Survey: The Hidden impact of Multicurrency Accounting Data, Systems and Processes on Foreign Currency Exposure and Risk
This whitepaper explores and analyses the results of a 2010 survey conducted by FiREapps and SunGard, focused on FX exposure management practices and policies. Learn how your FX results compare to over 275 FX risk practitioners worldwide.
Multicurrency Accounting:
Accounting Volatility: The Hidden impact of Multicurrency Accounting Data, Systems and Processes on Foreign Currency Exposure and Risk
How much confidence do you have in the data you use to manage your foreign exchange exposure? This whitepaper focuses on the problems faced by multinational companies today who struggle with multicurrency accounting issues that seriously undermine their ability to quantify their foreign exchange exposure. Today, for most U.S. companies, the impact of this problem has been mitigated by the weakness in the U.S. dollar relative to foreign currencies. When this trend ultimately shifts, however, companies that have not accurately identified and quantified their FX exposure, and subsequently managed their FX risks, will be faced with serious economic and compliance consequences.
We’ve identified the most common sources of multicurrency accounting problems, described the symptoms of these problems, and proposed proactive steps that companies should take to better insulate themselves from foreign currency volatility.
A 2007 Industry Survey:
Cross-Industry Analysis of Corporate FX Management White Paper
In today’s global economy, the impact of foreign exchange management has touched U.S. companies of every size and in every industry. If your firm is like any one of the over 100 companies surveyed in FiREapps’ 2006 Cross-Industry Analysis of Common Challenges and Concerns for Corporate Foreign Exchange Management, your struggle to define and quantify your true currency exposure often means that you’re unaware of compliance or economic risks until it’s too late.
This Study Reveals:
- The top four challenges your organization must overcome to achieve accurate, reliable and manageable foreign exchange exposure processes
- The five most common errors that plague 95% of spreadsheet-driven FX practices
- The top four reasons multinational companies fail to comply with FAS 52
An Examination of FX Best Practices:
Best Practices for Managing Currency Exposures
Currency fluctuations first came into focus following the mid-1970s Breton-Woods Agreement. Since then, business and markets have become increasingly global, and the lack of best practices in the area of currency continues to cause significant problems, if not bankruptcies, for companies of all sizes. With the application of a new breed of analytical and decision making technologies encapsulating 30 years of experience in foreign exchange combined with top down management support for a centralized and disciplined process, best practices is not difficult to achieve. So why are so many companies still stuck in the 1980's; using valuable and scare human resources and error prone spreadsheets to manage one of the arguably more complex aspects of finance? Our research suggests that the primary obstacle to attaining best practices for currency risk management occurs when companies are not willing to adapt and update their current business practices.
