Multi-Currency
Accounting
Don’t let borders stop you from expanding your company’s reach. Accounting foreign currency functionality at Fin-eX enables you to bill customers and receive payments for any currency. Foreign vendor invoices can also be paid and managed with the same ease, no matter what currency is being exchanged. Gains or losses will be recorded based on fluctuations in foreign currency exchange rates in accordance with standard accounting pronouncements.
Firms that want to stay current and competitive in this dynamic market need a solution that can support multiple classes of multi-currency portfolios and increasing transaction volume and complexity. With comprehensive coverage, Fin-ex provides a highly scalable, single platform for consolidating multi-currency transactions and expanding your offering.
Our company is working with Fin-eX for more than a year now. We started out with adhoc work where we engaged with them depending on the work in hand. This slowly progressed to a dedicated resource and now we have a whole team working as sort of a back office. Bookkeeping and admin tasks are now processed on real time basis despite the time difference. We have had very productive meetings with their senior staff and found them to be very helpful.
Outsourcing our work to Fin-eX has been a good business decision for my small CPA firm. I do not need to worry about processing small tasks and can focus on giving qualify advise to the clients. I have started engaging with more potential customers due to the time saved.
Very well managed. My initial effort was spent in training and communicating with their staff. Took a few weeks for them to understand our process. Now we are very happy with how the work is progressing.
When we took the free trial – we were a bit sceptical about the whole outsourcing process. There were some initial hic-ups as I am very particular about providing high-quality services to my clients. Their senior managers were in constant communication with me almost 24/7. I was able to streamline the whole process and now am very pleased with their service.