ENTERPRISE CURRENCY ANALYTICS

Walk Through the Income Statement
A NEW BREED OF ANALYTICS FOR TREASURY, FP&A & ACCOUNTING TEAMS

FiREapps Enterprise Currency Analytics mine detailed currency data gathered by FiREapps and provides FP&A and treasury with an accurate and timely understanding of how currencies are impacting their business.

Deliver Insights to
Executives & the Board
Comprehensive Impact
Analysis
Proactively Address
Inquiries About Impacts
TRANSLATION IMPACT ANALYSIS

 
Arm treasury and finance with intuitive, comprehensive analysis views of translation impact.

Converting the results of subsidiaries to reflect the reporting currency of your organization doesn’t have to be difficult.
 
Beyond the mechanics of financial compensation, Translation Impact Analysis enables FP&A and treasury to easily conduct an analytical review and inform executives about the impacts currency rate fluctuations are having to consolidated financial results.

Walking Through Translation Impact:

  • Examine impact from a variety of dimensions (currency, income statement element, geographic region, line of business)
  • Better understand the sources and drivers of translation impacts
  • Provide easy to understand analytical views to help communicate impacts to the C-suite
CONSTANT CURRENCY ANALYSIS

 

Quickly and accurately calculate, assess and report on financial performance.

 
With a bottom-up approach to calculating both changes in volume and changes due to currency fluctuations for specific P&L accounts, Constant Currency Analysis rolls up the data and allows for various ways to segment, view and comprehend financial results either on a neutral or currency impacted basis.
 
Quickly assess constant currency results (quarter-over-quarter, current quarter vs. same quarter from the year prior or year-over-year) and identify which currencies caused the largest impact, as well as how volume and rate changes affected different segments of the income statement.

MULTICURRENCY BUDGET-TO-ACTUAL ANALYSIS

 

Concise visualizations. Gain a better understanding of currency rate impacts to financial performance.

 
Multicurrency Budget-to-Actual Analysis simplifies the process of combining actual transaction currency data from ERP systems and budget data from planning and budgeting systems.
 
Disparate data and organizational structures are normalized into a set of analytical views, making it easy to identify deviations between budgeted performance and actual results and illustrating how differences in the currencies transactions are being done in and currency rates impact functional and reporting currency equivalent values.