Manage your foreign currency risk exposure: DycoTrade’s Forex Hedging Application
DycoTrade developed an advanced Forex hedging application to optimize international business operations, providing superior financial risk management functionality within Dynamics 365 F&SCM.
International businesses often face challenges with managing foreign currency exchange rates. To mitigate the risk of fluctuating exchange rates between the order and payment dates, organizations use Forex contracts. DycoTrade’s Forex & Hedging module registers these contracts, which can be allocated to purchase or sales orders, reducing foreign currency exchange rate risk. Lump sum hedging, without linking a Forex contract to a specific order, is also possible.
Fully integrated with Dynamics 365, the Forex & Hedging module supports standard financial postings and functions, while also providing additional features for hedging, forward rolling, and trade books in multi-currency environments.
Click here to find the app on the Microsoft Appsource.
