Manage your foreign currency risk and exposure: DycoTrade’s Advanced Forex Application
With an aim to optimise any international business DycoTrade took on the development of an advanced FX Module. DycoTrade provided any Dynamics 365 F&O environment with great functionality on Financial Risk management. Every international operating business encounters the good’s and bad’s of foreign currencies and the exchange rates for these currencies. To cover the financial risk on the exchange rate from order date to payment date these organisations use Forex contracts to cover for that risk. Forex contracts are widely available in international banking and DycoTrade’s Advanced FX Module registers these contracts. Forex contracts can be hedged to a purchase order or sales order, and thus mitigate any foreign currency exchange rate risk on the specific order. Lump sum hedging, without linking a contract to an order, is another possibility.
The Advanced FX module is fully integrated with Dynamics 365 and supports standard (financial) postings and functions within Dynamics as well as providing additional functions on hedging, forward rolling and trade books in multi-currency environments.
Click here to find the app on the Microsoft Appsource.
Your industry has its own focus and specific needs. We know your market and speak your language.
Through the years DycoTrade has become very experienced in implementing solutions for customers worldwide. Whenever availability and/or support are required from a local Dynamics AX partner, DycoTrade provides them through its international partner network.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Global site tag - Google Analytics
Used to distinguish users.
Used to distinguish users.
Used to throttle request rate. If Google Analytics is deployed via Google Tag Manager, this cookie will be named _dc_gtm_<property- id>.
30 seconds to 1 year
Contains a token that can be used to retrieve a Client ID from AMP Client ID service. Other possible values indicate opt-out, inflight request or an error retrieving a Client ID from AMP Client ID service.
Contains campaign related information for the user. If you have linked your Google Analytics and Google Ads accounts, Google Ads website conversion tags will read this cookie unless you opt-out. Learn more.