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OANDA refreshes its Exchange Rates service

Nurdianah Md Nur | May 15, 2014
The service aims to help businesses be more efficient in dealing with multicurrency transactions.

OANDA, a global provider of foreign exchange services, recently refreshed its Exchange Rates for Business service.

OANDA Exchange Rates is an audit compliant service that delivers automated global exchange rate information for 190 currencies. By integrating OANDA's Exchange Rates database with most ERP and management software suites,enterprises will be able to easily perform expense reporting as well as conduct daily international transactions and month-end reporting. Compatible software suites include those from Oracle, NetSuite, PeopleSoft, Microsoft Dynamics and SAP, according to the company's press release.

According to Trevor Young, vice president of Product Management, OANDA Corporation, the service will help businesses that operate in multiple geographies "to save time and money across business processes as well as increase their bottom line in import and export."


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